Scheme of Social justice & Empowerment for Sc/St OBC


National schedule Castes Finance and Development Corporation (NSFDC) and National Backward classes Finance and Development Corporation (NBCFBC) under the Ministry for Social Justice and Empowerment entered into a Memorandum of Agreement with central Bank of India for implementation of Vanchit Ikai samooh aur Vargon ki Aerthik Sahaytas (VISVAS)Yogana.
It is an interest subvention scheme of Ministry of Social justice & Empowerment  for financial Empowerment of economically marginalized OBC/SC/SHGs and Individuals. The scheme will benifit OBC/Sc with loans/borrowing up to Rs 4 lakhs and Rs 2 lakhs for OBC's with an immediate interest subversion benefits of 5% directly into the standard accounts of borrowing 

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