Central GovernmentVerified

Indira Mahila Shakti Udyam Protsahan Yojana

This scheme launched by the Rajasthan government to empower women by providing them with loans and other financial assistance to start or expand their businesses

Start date24 Jul 2020

Last verifiedToday

Official Source ↗

About This Scheme

The Indira Mahila Shakti Udyam Protsahan Yojana (IMSUPY) is a scheme launched by the Rajasthan government to empower women entrepreneurs by providing them with financial assistance and support. The main objective of the scheme is to ecourage women to start their own businesses and become financially independent. Promote self-employment and reduce unemployment among women in Rajasthan. Support the growth of micro, small, and medium enterprises (MSMEs) led by women.

Benefits

₹50.0 L

Loan Limit

Loan amount of ₹ 50,00,000/- to individual women.
Loan amount of Rs 1,00,00,000/- to self-help groups.

Margin Money

A margin money of 25% of the sanctioned loan amount will be provided under the scheme. For women belonging to Scheduled Castes/Tribes, Scheduled Castes, widows, abandoned women, victims of violence and disabled women, the margin money will be 30% of the sanctioned loan amount.

Note:

The maximum limit of margin money will be ₹ 15,00,000/-.
The applicant's own contribution (5% / 10% of the project proposal) will be considered for margin money.
Land value will not be included in the project proposal. The maximum limit of loan amount payable for construction of workshop/building will be up to 20% of the sanctioned amount of the project proposal.
The maximum limit of loan for business will be Rs. 10 lakh. Business refers to wholesale or retail purchase-sale of commercial products.

Promotion of collateral security free loans:

As per the guidelines of the Reserve Bank of India, collateral security will not be required for loans up to Rs. 10 lakh. Loans above Rs. 10 lakh can be linked with the Credit Guarantee Trust Fund for Micro and Small Enterprises (CGTMSE). The fee amount will be borne by the beneficiary. If the applicant voluntarily wants to give collateral security on the loan, they can do so.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

✦
Aadhar card.
✦
Address proof.
✦
Bank account statement.
✦
Passport size photo.
✦
Mobile number.

✦ Required ◦ Optional

How to Apply

OOnline

Registration

Step-1: Applicant have to visit the official portal.

Step-2: Click on the option “Register”.

Step-3: Then you will be redirected to the SSO registration page. The registration page will appear with the following options.

Citizen

Step-4: Choose the either one option from the Jan Aadhaar Or Google to process further.

Jan Aadhaar : Enter the Jan Aadhaar number, click on the ‘Next’ button,

Select your name, the name of the head of the family and all the other members and
Click on the ‘Send OTP’ button. Enter the ‘OTP’ and
Click on the ‘Verify OTP’ button to Complete the registration.

Google : Enter the Gmail ID, click on the ‘Next’ button,

Enter the password.
A new link appear on screen, now click on new SSO link.
SSO id will appear on screen, now create the password.
Enter Mobile number, click on registration.

Step-5: Complete the registration process.

Apply

Step-1: Applicant have to visit the official portal.

Step-2: Read the instruction carefullly and click on "Apply".

Step-3: Click on an "Alert" button and page will redirected to SSO portal.

Step-4: Now login with credentials.

Step-5: Now click on "Apply for Scheme" on screen.

Step-6: Now on the new page you will have to fill out the application form in 7 steps.

- Such as a general description

- Applicant details

- Details of applicant and workplace

- Description of the proposed project

- Details of proposed financial institution

- basis of ranking

- Document Upload and Declaration

Step-7: After filling in all the details in the application form, submit the application form.

Quick Info

Level: Central Government
Max benefit: ₹50.0 L
Launched: 24 Jul 2020