Mahila Samridhi Yojana (Maharashtra)

About This Scheme

The scheme "Mahila Samridhi Yojana" is administered by the Department of Social Justice & Special Assistance, Government of Maharashtra, and funded by the National Scheduled Castes Finance and Development Corporation (NSFDC). The scheme aims to uplift economically weaker women from the Charmakar Community. The scheme focuses on providing educational, economic, and social development to ensure a respectable position in society for Charmakars (Dhor, Chambhar, Holar, Mochi, etc.). Eligible female beneficiaries from the Charmakar Community are granted loans ranging from ₹25,000/- to ₹50,000/- at a low interest rate of 4% per annum.

Eligibility

1. The applicant should be a female. 1. The applicant should belong to the Charmakar Community. 1. The applicant's age should be between 18 and 50 years. 1. The applicant should be a permanent resident of Maharashtra. 1. The applicant must have knowledge of the business for which the loan is being applied. 1. For the 50% Subsidy Scheme and Margin Money, the applicant's annual income must be below the poverty line. 1. For the NSFDC Scheme, the applicant's annual income should be below ₹98,000 for rural areas and ₹1,20,000 for urban areas. Relaxation/Preference/Priority Widows and divorcees are given priority.

Benefits

Loan ranging from ₹25,000/- to ₹50,000/- is provided at a low interest rate of 4% per annum.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.