Application Procedure for Term Loan provided by WBMDFC
Applicant’s annual family income must be below Rs. 81,000/- (Eighty one thousand) only for Rural areas and Rs. 1,03,000/- (One Lakh three thousand) only for Urban Areas.
Term Loan
A term loan is a type of loan that is repaid over a specified period of time, typically with fixed installments that include both principal and interest.
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WBMDFC Term Loan Application Form for Business
WBMDFC invites application from Minority Communities for Business Loan. For loan above Rs. 50,000/- Guarantor should be a Govt./ Semi Govt. Employee/ Teacher/ A Good Beneficiary of WBMDFC.
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Eligibility Criteria for Schemes under WBMDFC
The members of Jain Community in West Bengal are eligible for getting benefits under the Schemes of Government of West Bengal only, implemented by the WBMDFC.