MSY (Mahila Samridhi Yojana)

ELIGIBILITY CRITERIA

Caste Status : Scheduled Castes Women
Annual Family Income : Maximum Rs. 1,50,000/-
Age:18 to 50 years

PROVISION FOR FINANCE

Project Cost : Maximum Rs. 30000
Subsidy:50% of the project cost and Rs. 10000 whichever is less
Term Loan : Rest of the project cost after consideration of subsidy
Rate of Interest:3%
Recovery:12 equal quarterly instalment (principal + interest)
Basis of Implementation: Both in group & individual
Documents to be Submitted
Bank Account No. having IFSC Code.
Aadhaar No.
Income Certificate issued from Chairman, Municipality/ Pradhan of Gram Panchayat
Caste Certificate issued by competent authority (not compulsory)
Caste Certificate issued by Chairman, Municipality/ Sabhapati, Panchayat Samity are also acceptable.
A non-judicial stamp paper of Rs.10/-

Beneficiary:

Women

Benefits:

Subsidy