NBCFDC records highest disbursement in FY 2025-26

New Delhi: The National Backward Classes Finance and Development Corporation recorded its highest-ever NBCFDC disbursement of ₹613.75 crore in FY 2025-26, benefiting 61,621 people.

The corporation reported a 16% rise in disbursement compared to the previous financial year. It also achieved full geographical coverage and utilised about 99% of available funds.

Officials said NBCFDC continued to expand concessional lending through State Channelising Agencies, banks, and NBFCs. Moreover, the corporation strengthened outreach among disadvantaged OBC communities.

Under the VISVAS Interest Subvention Scheme, NBCFDC fully utilised ₹35.20 crore during the year. As a result, it supported 1,92,650 beneficiaries with loans totalling ₹2,720 crore.

NBCFDC disbursement supports multiple welfare schemes

The corporation also fully utilised funds under the National Fellowship for OBCs. It disbursed ₹123.33 crore to support 2,505 students during FY 2025-26.

In addition, NBCFDC implemented the SEED scheme’s livelihood component. It extended ₹19.20 crore to 2,373 Self-Help Groups, benefiting 28,476 individuals.

Further, the corporation nearly exhausted the ₹45.34 crore allocation under the PM-DAKSH scheme. This helped close pending liabilities and improve programme efficiency.

NBCFDC also supported outreach efforts by organising Shilp Melas in Bhubaneswar and Ahmedabad. It provided logistical support for a Chintan Shivir held in Dehradun in April 2025.

Officials said the strong NBCFDC disbursement reflected its continued focus on socio-economic empowerment. They added that the corporation would sustain collaboration with partner institutions to expand impact.