|Financing Assistive Devices to Enhance the Employability or increase Opportunity of Self Employment of PWDs|
|Friday, 06 September 2013 13:08|
NHFDC provides financial assistance in the form of loan to the target group for purchase of assistive devices like screen reader, motorized tricycle, scooty, hearing aid etc enhance their employability or improve the prospects of self employment.
The main objective of the Scheme is to assist the needy disabled persons by providing concessional loan for procuring durable, reliable and scientifically manufactured, modern, standard aids and appliances that may enhance their prospects of taking up self employment/ employability. The aids and appliances purchased under the Scheme must be ISI marked or has equivalent certification of quality.
Amount of Loan -
Loan up to Rs.5.00 lakh
Rate of Interest -
Loan Amount - Upto Rs. 50,000/- To be paid by SCAs to NHFDC - 2% To be paid by beneficiaries to SCAs - 5%
Note: A rebate of 1% on interest is given to women beneficiaries under scheme.
Repayment of Loan -
The loan is to be repaid within 5 years
Procedure for Obtaining Loan -
Application in the prescribed format is to be submitted to the State Channelizing Agency on RRB or such agency as nominated by NHFDC for sanction of loan as per procedure laid down in the lending policy of National Handicapped Finance and Development Corporation. Other terms and conditions of loan under the scheme shall be as per the lending policy of NHFDC for self employment
Rights of NHFDC
In case of any dispute, decision of the CMD, NHFDC will be final & binding.
Indicative List of Aids/Appliances to be provided -
The following is the indicative list of aids and appliances may be allowed for each type of disabled individual.
Locomotor Disabled -
i) All types of prosthetic and orthotic devices.
Visually Disabled -
i) Learning equipments like arithmetic frames, abacus, geometry kits etc. Giant Braille dots system for slow-learning blind children. Dictaphone and other variable speed recording system. CD player/Tape recorder for blind student from X standard.
Hearing Disabled -
i) Various types of hearing aids
Mentally Disabled -
i) Any suitable device as advised by Rehabilitation Professional or treating physician.
|Last Updated on Friday, 06 September 2013 15:14|