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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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.
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.
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.