Mahila Samruddhi Yojana (DAADC)
The scheme aims to promote self-employment and financial independence among women from the Antyodaya Samaj, especially from Scheduled Castes. Under this scheme, loan up to ₹50,000/- is provided at a concessional interest rate to eligible women for starting small-scale businesses.
About This Scheme
Benefits
₹50.0K · annual
Loan Amount: ₹50,000/- provided to eligible women for starting micro or small businesses.- Interest Rate: 6% per annum.- State Government Contribution: 95% of the loan amount, i.e., ₹47,500/-, is borne by the state.- Beneficiary Contribution: 5% of the loan amount, i.e., ₹2,500/-.- Possible Monthly Installment Amount: ₹1,445/- per month.- Duration: 36 Months (3 years)
Eligibility
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Required Documents
- ✦Aadhaar Card
- ✦Bank Passbook/Cancelled Cheque
- ✦Caste Certificate
- ✦Ration Card
- ✦Copy of Election Card
- ✦Widow Certificate
- ✦Age Proof
- ✦Birth Certificate
- ✦Income Certificate
- ✦School Leaving Certificate
- ✦Copy of Electricity Bill
✦ Required ◦ Optional
How to Apply
Personal Information: Name, gender, date of birth, caste, etc. Address Information: Permanent and correspondence address Income Details: Monthly family income and source Loan Requirement: Amount needed, proposed use (e.g., business, self-employment) Bank Account Details: For loan disbursement
Quick Info
- Level
- Central Government
- Max benefit
- ₹50.0K
