Central GovernmentVerified

Swarnima

The Swarnima Scheme provides loan assistance to female beneficiaries from Other Backward Classes (OBC) residing in Maharashtra to support self-employment activities, empowering them to establish a stable livelihood.

Last verifiedToday

About This Scheme

The scheme "Swarnima by the Department of Social Justice & Special Assistance, Government of Maharashtra, is jointly funded by the National Backward Classes Finance & Development Corporation, New Delhi, and the State Corporation. This scheme provides low-interest loans directly deposited into the bank accounts of female beneficiaries from Other Backward Classes (OBC) to support self-employment activities and enhance financial independence. <br> <br> <br> <br> <br> <br> <br>

Benefits

₹5.0 L

Financial assistance of up to ₹5,00,000/- per Self-Help Group (SHG) project, with ₹25,000 allocated per beneficiary (up to 20 members per SHG).

Funding shares include 95% from the Central Corporation and 5% from the State Corporation.

No beneficiary contribution is required.

Low interest rate of 5% per annum.

Repayment period of up to 3 years to ease financial planning.

Eligibility

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

Required Documents

  • Aadhaar Card
  • 2-Passport Sized Photograph (Signed Across).
  • Residential Certificate / Domicile Certificate of the State of Maharashtra.
  • Details of the Bank Account (Bank Name, Branch Name, Address, IFSC, etc).
  • Proof of Age (Birth Certificate, Marksheet of Class 10th/12th, etc).
  • Any other document required by the District Office.

✦ Required ◦ Optional

How to Apply

IIn-person

Quick Info

Level
Central Government
Max benefit
₹5.0 L