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NSFDC funds for sanctioned schemes are disbursed only on specific request from the SCAs. The disbursements are subject to the fulfillment of conditions, some of which are given below:
- Execution of General Loan Agreement by the SCAs.
- Availability of adequate State Government/Bank Guarantee.
- Acceptance of Letter of Intent by the authorized official.
- Satisfactory level of utilization of funds released to the SCAs as per (Annexure-I).
- Repayment of NSFDC dues.
- Submission of List of Selected Beneficiaries as per (Appendix-2 to Annexure-I).
- Availability of Subsidy, Margin Money Loan and Promoter's Contribution as per the Means of Finance sanctioned.
- Identification of assets and suppliers as per beneficiary's choice and in conformity of the terms and conditions of sanction.
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