Central GovernmentVerified
Vanchit Ikai Samooh aur Vargon ki Aarthik Sahayata Yojana (VISVAS) for Self-Help Groups
Ministry: Ministry Of Social Justice and Empowerment
Department: Department of Social Justice & Empowerment
The scheme aims to provide the benefit of a lower rate of interest to eligible Self-Help Groups (SHGs) and individual beneficiaries belonging to Scheduled Castes (SCs), Other Backward Classes (OBCs), and Safai Karamcharis (including identified Manual Scavengers, Waste Pickers, and their dependents).
Last verifiedToday
About This Scheme
The Vanchit Ikai Samooh aur Vargon ki Aarthik Sahayata (VISVAS) Yojana is an interest subvention scheme implemented by the Ministry of Social Justice and Empowerment, Government of India. The scheme aims to provide interest subvention to eligible Self-Help Groups (SHGs) belonging to Scheduled Castes (SCs), Other Backward Classes (OBCs), and Safai Karamcharis, including identified Manual Scavengers, Waste Pickers, and their dependents. The scheme covers loans obtained from Public Sector Banks (PSBs), Regional Rural Banks (RRBs), Private Sector Banks, Small Finance Banks, and other financial institutions.
Benefits
> Interest Subvention
Interest subvention of up to 5% per annum on eligible loans.
> Loan Limits
₹10.0 L
Self-Help Groups (SHGs): Loans/Cash Credit Limits up to ₹10,00,000.
> Mode of Payment
The interest subvention amount is transferred directly into the beneficiary's bank account through Direct Benefit Transfer (DBT).
Eligibility
Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
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Required Documents
- ✦Aadhaar details of members (as applicable).
- ✦SHG Registration Certificate.
- ✦Declaration regarding 70% eligible membership.
- ✦Declaration regarding annual family income of members.
- ✦Loan/Cash Credit Account Details.
- ✦Bank Account Details of SHG.
- ✦Standard Loan Account Proof.
✦ Required ◦ Optional
How to Apply
IIn-person
Quick Info
- Level
- Central Government
- Max benefit
- ₹10.0 L
