NSFDC
- Company typePrivate
- Founded1989
- HeadquartersDelhi, India
- Headcount—
- GTM typeB2C
- OfferingServices
NSFDC firmographics
Firmographics- Name
- NSFDC
- Legal name
- National Scheduled Castes Finance and Development Corporation
- Website
- https://nsfdc.nic.in
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Ownership category
- akta.pro rank
NSFDC industry classification
Industry- Product category
- Development Finance and Concessional Lending
- NAICS
- Depository Credit Intermediation (5221)
- SIC
- Federal & Federally-Sponsored Credit Agencies (6111)
- akta.pro primary industry
- National Development Banks & State Development Finance Institutions (DFIs) (BPADACAC)
- akta.pro secondary industry
- Development Finance & Blended Finance Facilities (BPADAOAD)
Keywords
Where NSFDC is headquartered
LocationHeadquarters
- HQ city
- Delhi
- HQ country
- India
- HQ region
- Asia
Offices5 records
Markets served
NSFDC business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Concessional Lending: NSFDC operates as a non-profit company under Section 8 of the Companies Act 2013. It provides concessional financial assistance to Scheduled Castes beneficiaries through channel partners. The organization raises funds from government allocations and provides loans at subsidized rates to target beneficiaries.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Micro Finance Scheme - Loans up to Rs 1.40 lakh at 6.5% for beneficiaries |
| Other | Multi-year contract | Term Loan - Loans from Rs 1.40 lakh to Rs 50 lakh at 8% for beneficiaries |
| Other | Multi-year contract | Livelihood Micro-Finance Scheme - Loans up to Rs 1.40 lakh at 15% through NBFC-MFIs |
| Other | Multi-year contract | Enterprise Fund Scheme (UNY) - Loans up to Rs 5 lakh through cooperative societies |
| Other | Multi-year contract | Education Loan Scheme - Loans up to Rs 40 lakh at 6.5% for domestic/foreign education |
Go-to-market motion2 records
Distribution channels7 records
Marketing channels4 records
NSFDC product offering
Product offeringCore offering
NSFDC is a non-profit Government of India PSU that provides concessional financial assistance to Scheduled Castes beneficiaries through multiple loan schemes (Micro Finance, Term Loan, Education Loan, Aajeevika Micro-Finance, Udyam Nidhi Yojana, VISVAS) and complementary support programmes including skill development training, National Fellowship for SC Students (NFSC), and the SEED scheme for De-notified/Nomadic Tribes. It operates as a channel financing institution, disbursing funds through State Channelizing Agencies, Public Sector Banks, RRBs, NBFC-MFIs, Cooperative Banks, and Small Finance Banks, with eligible applications processed via the PM-SURAJ digital portal.
Product overview
NSFDC operates as a multi-scheme financial services corporation offering a portfolio of credit schemes and support programmes for Scheduled Castes beneficiaries. The core product suite includes five loan schemes (Micro Finance Scheme, Term Loan, Education Loan Scheme, Aajeevika Micro-Finance Scheme, and Udyam Nidhi Yojana) differentiated by loan quantum, target segment, and channel partner. These are complemented by non-credit offerings including Skill Development Training Programmes, the National Fellowship for SC Students (NFSC), SEED Scheme for DNT communities, and the VISVAS interest assistance scheme. Access to schemes is facilitated through digital platforms including the PM-SURAJ Portal for loan applications, PM-DAKSH Portal for skill training registration, and TULIP for artisan registration. NSFDC functions as a channel finance institution, disbursing funds through a network of State Channelizing Agencies, public sector banks, RRBs, NBFC-MFIs, cooperative banks, and Small Finance Banks.
Differentiator
Problem solved
Functional benefit
Products and services
- Micro Finance Scheme (MFS) Provides micro-credit for units costing up to ₹1.40 lakh, with loans up to ₹1.25 lakh (90% of project cost) at 6.5% interest rate for beneficiaries, disbursed through State Channelizing Agencies. Repayment in quarterly installments over 3 years with 3-month moratorium.
- Term Loan Provides term loans for projects costing between ₹1.40 lakh and ₹50 lakh, with loans up to ₹45 lakh at 8% interest rate for beneficiaries, with moratorium period up to 6 months (12 months for plantation/construction). Repayment up to 7 years.
- Education Loan Scheme (ELS) Provides education loans up to ₹40 lakh (or 90% of course fee, whichever is less) for eligible SC students pursuing regular full-time professional/technical courses in India or abroad at 6.5% interest rate. Repayment period 10-12 years with moratorium of course duration + 1 year.
- Aajeevika Micro-Finance Scheme (AMY) Provides micro-finance through selected NBFC-MFIs for projects costing up to ₹1.40 lakh at 15% interest rate for beneficiaries. NSFDC charges NBFC/MFI 5%, beneficiaries pay 15%. Repayment over 3 years with 3-month moratorium.
- Udyam Nidhi Yojana (UNY) Provides loans up to ₹5 lakh for small/micro activities through cooperative societies, cooperative banks, and Small Finance Banks at 13% (through cooperative banks) or 15% (through Small Finance Banks) interest rates. Repayment over 5 years with 3-month moratorium.
- VISVAS Scheme Interest assistance scheme providing up to 5% interest subsidy on loans up to ₹10 lakh for SHGs and ₹5 lakh for individuals belonging to SC, OBC, or sanitation workers categories.
- Skill Development Training Programmes Free NSQF-aligned skill development training programmes for SC individuals aged 18-45, with monthly stipend of ₹1,500 via DBT and post-training placement/entrepreneurship support.
- National Fellowship for SC Students (NFSC) Fellowship programme providing 2,000 new fellowships annually (1,500 for humanities/social sciences, 500 for science) to SC students pursuing M.Phil/Ph.D in UGC-recognised institutions, with selection through NTA-conducted UGC NET and CSIR-UGC NET examinations.
- SEED Scheme - Livelihood Component Scheme for economic empowerment of De-notified, Nomadic and Semi-Nomadic Tribes (DNTs), implementing livelihood interventions through SHG formation, capacity building, and skill training in 4 states and 28 districts, with 1,450 SHGs formed to date.
Quantifiable outcome
- Monthly income of Rs 28,000-29,000 for auto-rickshaw drivers through micro-finance
- +3 more outcomes
Companies that use NSFDC
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
NSFDC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
NSFDC partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core and minor.
- State Channelizing Agencies (SCAs)coreState-level corporations nominated by state/UT governments acting as primary channel partners for disbursing NSFDC loans. Examples include Uttar Pradesh Scheduled Castes Development Corporation, Andhra Pradesh SC Cooperative Finance Corporation, Tamil Nadu Adi Dravidar Housing and Development Corporation.
- Public Sector Banks (PSBs)coreNationalized banks providing NSFDC refinance loans to SC beneficiaries for income-generating activities and education.
- Regional Rural Banks (RRBs)coreRural-focused banks for agricultural and rural income-generating activities under NSFDC schemes.
- NBFC-Micro Finance Institutions (NBFC-MFIs)coreFor livelihood micro-finance scheme providing quick, need-based micro-credit to eligible SC individuals through cluster and non-cluster mode.
- Cooperative Banks and SocietiescoreCooperative banking institutions and societies for enterprise fund scheme (UNY) providing loans up to Rs 5 lakh.
- Small Finance BankscoreFor micro-finance and enterprise fund schemes targeting underserved rural and semi-urban populations.
- SIDBIcoreSmall Industries Development Bank of India - other agency partner for small enterprise financing.
- Ministry of Social Justice and Empowerment, Government of IndiacoreParent ministry overseeing NSFDC operations. NSFDC is a PSU under this ministry.
- National Testing Agency (NTA)coreFor National Fellowship for SC Students (NFSC) - NTA conducts UGC NET and CSIR-UGC NET examinations for candidate selection.
- NI-IMS (Andhra Pradesh)Implementation partner for SEED scheme in Andhra Pradesh - YSR Kadapa, Tirupati, and Chittour districts.
- Nirmaan Bahumukhi Sansthan (Maharashtra)minorImplementation partner for SEED scheme in Maharashtra - Aurangabad, Beed, and Jalna districts.
- Navchetna Sarvangin Vikas Kendra (Maharashtra)minorImplementation partner for SEED scheme in Maharashtra - Parbhani, Osmanabad, and Ahmednagar districts.
- Dhan Foundation (Tamil Nadu)minorImplementation partner for SEED scheme in Tamil Nadu - Chengalpattu, Cuddalore, Dindigul, Kanchipuram, Salem, Thanjavur, Theni, and Tiruvallur districts.
- MYRANDA (Tamil Nadu)minorImplementation partner for SEED scheme in Tamil Nadu - Erode and Ramanathapuram districts.
- Aga Khan Foundation (Uttar Pradesh)minorImplementation partner for SEED scheme in Uttar Pradesh - Lakheempur Khiri, Shravasti, Bahraich, and Sitapur districts.
- Arpan Seva Sansthan (Uttar Pradesh)minorImplementation partner for SEED scheme in Uttar Pradesh - Agra, Mathura, Mainpuri, and Firozabad districts.
- The Goal Trust (Uttar Pradesh)minorImplementation partner for SEED scheme in Uttar Pradesh - Mirzapur district.
- State Governments/UT AdministrationscoreNomination of State Channelizing Agencies and participation in scheme implementation across states.
Scale indicators7 records
Recent moves8 records
Expansion highlights7 records
NSFDC competitors and assessment
Company assessmentDirect peers
- National Scheduled Tribes Finance and Development Corporation (NSTFDC): Direct counterpart DFI under the Ministry of Tribal Affairs serving Scheduled Tribes through concessional credit and skill development. Created from the 2001 split of the original combined SC/ST corporation, NSTFDC operates an almost identical channel-finance model as NSFDC, making it the most structurally comparable peer.
- National Backward Classes Finance and Development Corporation (NBCFDC): Section 8 PSU under the Ministry of Social Justice and Empowerment providing concessional loans to Other Backward Classes (OBCs) and Economically Backward Classes (EBCs). Operates the same channel-based concessional lending model as NSFDC, often through overlapping partner banks and SCAs.
- National Minorities Development and Finance Corporation (NMDFC): Government DFI under the Ministry of Minority Affairs providing concessional credit to minority communities through SCAs and partner banks. Closely mirrors NSFDC's institutional structure, product suite, and channelized disbursement approach.
- National Safai Karamcharis Finance and Development Corporation (NSKFDC): Section 8 PSU under the Ministry of Social Justice and Empowerment providing concessional credit, skill training, and education loans to Safai Karamcharis and dependents. Operates with a smaller scale but identical institutional design as NSFDC.
Broad incumbents
- Small Industries Development Bank of India (SIDBI): Principal financial institution for micro, small, and medium enterprises under the Ministry of Finance. SIDBI is both a listed channel partner of NSFDC and a broader DFI serving overlapping micro-enterprise and livelihood finance targets at national scale.
- National Bank for Agriculture and Rural Development (NABARD): India's apex DFI for agriculture and rural development, channel partner of NSFDC for rural lending programs. NABARD addresses an overlapping rural beneficiary base but with a broader (non-caste-targeted) rural development mandate.
- Micro Units Development and Refinance Agency (MUDRA): Government DFI under the Ministry of Finance providing refinance to microfinance institutions and lending to micro-enterprises through PMMY. Competes directly with NSFDC's microfinance and term loan products at a much larger scale.
- National Housing Bank (NHB): Government-backed DFI for housing finance regulation and refinancing. NHB's institutional design and government ownership parallel NSFDC's status, though it operates in the housing niche rather than livelihood credit.
Emerging players
- Bandhan Bank: Leading microfinance-focused commercial bank in India that serves low-income borrower segments similar to NSFDC's beneficiaries, including through EEB segment lending. Comparable as a microfinance distribution channel but not a concessional DFI.
- Spandana Sphoorty Financial: Listed NBFC-MFI providing microcredit to women borrowers in rural and semi-urban India, an overlapping beneficiary segment with NSFDC's microfinance scheme. Comparable as a competitive microfinance channel partner rather than a direct DFI.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
NSFDC social profiles
Digital presenceNSFDC compliance and trust
Trust signalCompliance1 record
NSFDC financial estimates
Financial estimateRevenue estimate
Valuation estimate
NSFDC leadership team
Management profileNumber of profiles
Profiles11 records
NSFDC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NSFDC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NSFDC
What does NSFDC do?
NSFDC is a non-profit Government of India PSU that provides concessional financial assistance to Scheduled Castes beneficiaries through multiple loan schemes (Micro Finance, Term Loan, Education Loan, Aajeevika Micro-Finance, Udyam Nidhi Yojana, VISVAS) and complementary support programmes including skill development training, National Fellowship for SC Students (NFSC), and the SEED scheme for De-notified/Nomadic Tribes. It operates as a channel financing institution, disbursing funds through State Channelizing Agencies, Public Sector Banks, RRBs, NBFC-MFIs, Cooperative Banks, and Small Finance Banks, with eligible applications processed via the PM-SURAJ digital portal.
Is NSFDC a public or private company?
NSFDC is a private company. It is classified as state government owned and is currently operating.
When was NSFDC founded?
NSFDC was founded in 1989.
Where is NSFDC based?
NSFDC is headquartered in Delhi, India, in the Asia region.
How does NSFDC make money?
One revenue line is on record: concessional Lending.
Who are NSFDC's main competitors?
Direct peers on record are National Scheduled Tribes Finance and Development Corporation (NSTFDC), National Backward Classes Finance and Development Corporation (NBCFDC), National Minorities Development and Finance Corporation (NMDFC) and National Safai Karamcharis Finance and Development Corporation (NSKFDC). Broad incumbents are Small Industries Development Bank of India (SIDBI), National Bank for Agriculture and Rural Development (NABARD), Micro Units Development and Refinance Agency (MUDRA) and National Housing Bank (NHB). Emerging players are Bandhan Bank and Spandana Sphoorty Financial.
Does NSFDC have an API?
No public API is recorded for NSFDC.
What industry is NSFDC in?
NSFDC's product category is Development Finance and Concessional Lending. Its primary akta.pro industry code is BPADACAC, National Development Banks & State Development Finance Institutions (DFIs), with a secondary code of BPADAOAD, Development Finance & Blended Finance Facilities. Its NAICS code is 5221 and its SIC code is 6111.