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Wednesday, August 26, 2020

Mahila Samrudhi Yojana (for women only), read all information

Mahila Samrudhi Yojana (for women only), read all information about online application 


  • A microfinance scheme for women belonging to the target group and women entrepreneurs running independent businesses to create self-employment for women of nomadic and emancipated castes.

  • Under this scheme women beneficiaries will be able to do business of their choice.
  • 3% National Corporation, 2% State Government contribution and Beneficiary contribution will be zero in the loan amount.
  • The loan amount will have to be repaid in 5 equal monthly installments including interest.
  • A microfinance scheme for women belonging to the target group and women entrepreneurs running independent businesses to create self-employment for women of nomadic and emancipated castes.
  • Under this scheme women beneficiaries will be able to do business of their choice.

Purpose


  • The applicant should be a nomadic or emancipated woman.
  • The limit of the annual income of the family in the eligibility of income from 1/4/2018. 2 lakhs, of which 3. For families with an annual income of up to Rs 1.50 lakh, at least 50 per cent of the total loan amount will be allocated.

Eligibility for loan



  • The age of the applicant should be at least 21 years and not more than 60 years on the date of application.
  • The applicant needs to have experience in the field of business / profession with technical and expertise.
  • The applicant will have to provide proper security to get the loan.

important topic::




Key features of the scheme

  • Maximum loan limit 50,000 / -.
  • The interest rate will be 5% per annum.
  • Under this scheme 100% loan is given for the amount of business / occupation.
  • 3% National Corporation, 2% State Government contribution and Beneficiary contribution will be zero in the loan amount.
  • The loan amount will have to be repaid in 5 equal monthly installments including interest.

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