CreditMantri Finserve Private Limited
4th Floor Sudhama, 36 Vijayaraghava Road,T Nagar, Chennai, Tamil Nadu 600017
Have any queries? Click here for more details
All written queries will be responded within 1 working day.
We'd love to help you through every step along the way.
Is your Credit Score >750?
Disabled or differently abled individuals face great difficulty in day-to-day activities. They need special aids to help them. This help comes at a considerable price. Some banks and NBFCs have therefore designed a loan product that can help such people purchase the necessary aids to help them function independently.
Here are two such schemes offered by Bank of India and NHFDC (The National Handicapped Finance and Development Corporation).
About Loans for Disabled
Bank of India Star Mitra Personal Loan is a scheme designed to help physically disabled individuals. Under the scheme, physically disabled individuals can take loans to purchase modern aids that will help them become independent. These aids include everything from prostrate limbs to wheelchairs or computers. The details of the loan are as follows –
The following processing charges will apply –
One time 2.00% of loan amount
Senior Citizen (60 years & above)
No Processing Charges
The following requirements must be fulfilled along with loan application –
The information provided here is subject to change at any time by the bank. Please visit the bank website or branch for more details.
The National Handicapped Finance and Development Corporation (NHFDC) offer assistance to disabled individuals under various schemes. Here is a complete list of schemes -
Loans are offered to disabled individuals for various purposes under these schemes. The loans help handicapped or differently abled individuals in the following areas among others –
The various schemes essentially help disabled individuals become gainfully employed, and function independently. Loans are also granted for purchasing disability aids. NHFDC offers loans for mental as well as physical disabilities. Minors – individuals under 18 – may obtain loans under guidance of their parents or legal guardians.
The above 2 schemes are currently the only two schemes available for loans to disabled individuals. There are some variants that help disabled individuals open bank accounts and transact independently. Many banks also offer concessional services and reduced rates and charges for disabled individuals.
The information provided here is subject to change at any time. It is advisable to check the details of individual schemes from the concerned authority before making a decision.
Get low interest loans & Lifetime FREE credit cards
Get customized Credit Health Report
Improve your creditworthiness
12 Month Loans
3 Month Loans
6 Month Loans
Animal Husbandry Loan
Business Instalment Loan
Cash Credit Loan
Cold Storage Loan
Collateral Free Loans
Dairy Farm Business Loan
Ecommerce Loans In India
Faq Loan Against Property
Government Loans For Small Scale Businesses
Home Improvement Loans
Instant Short Term Loans
Kitchen Modernization Loans
Loan Against Credit Card
Loan Against Fixed Deposit
Loan Against Insurance Policy
Loan Against LIC Policy
Loan Against Rent Receivables
Loan Against Securities
Loan Against Shares
Loan For Agriculture
Loan For Beauty Parlours
Loan For Businesswomen
Loan For Chartered Accounts
Loan For Construction
Loan For Day Care Centre
Loan For Land Purchase
Loan For Marraige
Loans For Advocates
Loans For Army Personnel
Loans For Defence Personnel And Widows
Loans For Graduates
Loans For Minorities
Loans For People On Benefits
Loans For Restaurants
Loans For Scheduled Caste
Loans For Schools
Loans For Startup Business
Loans For Taxi Drivers
Loans For Unemployed People In India
Loans For Warehouse
Long Term Loans
Medical Equipment Loan
Micro Small And Medium Enterprises Loan
Personal Loan For Low Credit Score
Personal Loans For Self Employed
Reverse Mortgage Loans
Same Day Loans
Small And Medium Sized Enterprises Loans
Small Business Loan For Women
Small Business Loans
Top Up Loans
Working Capital Loan
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.