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Corporate Laws Central Ministry of Finance Reserve Bank of India Act, 1934

NABARD - Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAYNRLM) - Operational Guidelines for Schematic Lending 2025-26

30-Jul-2025 | Ref No NB. DOR/LT Policy/PPS-9/66399 /2025-26 Circular No. 180/DoR- 43 /2025

National Bank for Agriculture and Rural Development (NABARD) has introduced Operational Guidelines regarding Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAYNRLM). Key Highlights of the Scheme: 1. NABARD will provide concessional refinance to Regional Rural Banks (RRBs) and State Cooperative Banks (StCBs) for loans given to all-women Self-Help Groups (SHGs) under the DAY-NRLM scheme. 2. For loans up to Rs. 3 lakhs per SHG, the lending rate will be 7% p.a. for loans above Rs. 3 lakhs and up to Rs. 5 lakhs, the rate will be the lower of the 1-year MCLR (Marginal Cost of Funds-based Lending Rate), any other benchmark rate, or 10% p.a. of the bank. 3. The refinance rate will be 4% for most regions, and 3% for Northeastern states, certain Union Territories, and Himalayan states (Uttarakhand, Himachal Pradesh). 4. Other eligibility criteria, extent of refinance, and terms remain unchanged from existing guidelines. 5. Late repayment of refinance will attract a penal interest of 10.25% p.a. plus applicable taxes for the default period. 6. Refinance under this scheme is not eligible for interest subvention under the DAY-NRLM scheme of the Government of India. For more information, please refer to the attached document.

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