Notes

Pause

  • Loan Limit

    up to 20,00,000 to 30,00,000

  • Self Contribution

    5%

  • Loan From

    NMDFC - 90%
    MAMFDC - 5%

  • Income Limit

    Credit Line 1 :
    Urban – less than 120,000
    Rural – less than 98000
    Credit Line 2 :
    Upto 8 lakhs

  • Interest @

    6% p.a.+ 2 % Guarantee fee = 8 %

    M : 8 + 2 = 10 %

    F : 6 + 2 = 8 %

  • Repayment Period

    5 Years

  • Insurance

    3% of total loan amount will be deducted at the time of disbursement from sanction loan amount

  • Loan Limit

    2,00,000
    (per group)

  • Self Contribution

    5%

  • Loan From

    NMDFC - 90%
    MAMFDC - 5%

  • Interest @

    7% p.a. + 2% = 9 %

    M : 10 + 2 = 12 %

    F : 8 + 2 = 10 %

  • Repayment Period

    Next 5 Years

  • Income Limit

    Credit Line 1 :
    Urban – less than 120,000
    Rural – less than 98000
    Credit Line 2 :
    Upto 8 lakhs

Key Persons

Term Loan

Term Loan

Education Loan

Education Loan

Micro Finance

Micro Finance

Skill Training

Skill Training

Welcome to MAMFDC

Maulana Azad Minorities Financial Development Corporation Limited, Mumbai (MAMFDC) a Government of Maharashtra undertaking registered under Companies Act 1956, is the Maharashtra state`s channelizing agency of Govt. of India`s National Minorities Development and Finance Corporation run by the Union Minority Affairs Ministry.

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