Gujarat

Mahila Samriddhi Yojana (for women only) GNTDNT

Social Justice and Empowerment Department, Government of Gujarat

About This Scheme

The Mahila Samriddhi Yojana by the Government of Gujarat provides microfinance loans up to ₹1.25 lakh at 4% interest to women from Nomadic and Denotified Castes for self-employment.

The Mahila Samriddhi Yojana, implemented by the Gujarat Nomadic and Denotified Castes Development Corporation under the Social Justice and Empowerment Department, Government of Gujarat, is a crucial microfinance initiative designed to empower women from target groups, specifically those belonging to nomadic and denotified castes. The scheme aims to foster self-employment by providing financial assistance to women entrepreneurs looking to start or expand independent businesses and occupations of their choice. This initiative plays a vital role in socio-economic upliftment by enabling financial independence and entrepreneurial growth among marginalized women in Gujarat.

Benefits

The Mahila Samriddhi Yojana provides a microfinance loan up to ₹1,25,000/- to eligible women entrepreneurs.
This loan is offered at a favorable interest rate of 4% per annum, making it accessible for starting or expanding businesses.
The repayment structure is designed to be manageable, requiring repayment in 48 equal monthly installments, which includes the interest.
A significant feature of this scheme is its funding model: 100% of the business/occupation amount is provided as a loan, with 95% contributed by the National Corporation and 5% by the State Government, ensuring zero beneficiary contribution towards the principal loan amount.
This comprehensive financial support package aims to facilitate economic independence and self-reliance for women from nomadic and denotified castes in Gujarat.

How to Apply

Rolling basis

Quick Info

Amount / Funding

Up to ₹1.25 Lakhs

State / Region

Gujarat

Ministry / Dept

Social Justice and Empowerment Department, Government of Gujarat