Swarnima Scheme For Women Registration – Empowering Entrepreneurs
The Ministry of Social Justice and Empowerment has unveiled a groundbreaking initiative, the Swarnima Scheme for Women Registration Eligibility, Apply Online. Specifically designed for entrepreneurial women from the backward category, this scheme aims to provide both social and financial security. Implemented by State Channelizing Agencies (SCAs) under the National Backward Classes Finance and Development Corporation (NBCFDC), eligible women can access loans up to ₹2,00,000 at a mere five percent annual interest rate.
Swarnima Scheme For Women Registration Process
Under the Swarnima Scheme, entrepreneurial women from backward classes can elevate or kickstart their businesses. The primary goal is to empower women by ensuring both social and financial security. To register for the Swarnima Scheme, interested women must visit the nearest SCA office, armed with the necessary documents. Eligibility criteria include a minimum age of 18 years and a maximum age of 55 years, with the applicant’s family income not exceeding ₹3 lakhs per annum. The scheme offers loans up to ₹2 lakhs at a 5% interest rate.
Scheme Details at a Glance:
- Name of the scheme: Swarnima Scheme For Women
- Type of scheme: Loan
- Beneficiary of scheme: Women
- Category: Backward Class
- Loan provided for: Financial assistance to entrepreneurial women
- Maximum loan amount: ₹200,000
- Interest rate: 5%
- Age limit: 18 to 55 years
- Family annual income: Not exceeding ₹3 lakhs
- Category: Yojana
- Maximum repayment period: 8 years
Swarnima Scheme For Women Eligibility
Women from the backward category aspiring to benefit from the Swarnima Scheme must ensure they meet the eligibility criteria:
- The beneficiary must be a woman candidate.
- Women must be either employers or employed.
- The annual total income of the applicant’s family should not exceed ₹3 lakhs.
- The age of the beneficiary should be between 18 and 55 years.
- The applicant must belong to a backward class group notified by the state or central government.
Benefits of Swarnima Scheme For Women
All beneficiaries can utilize the loan for various industries, including small business, technical, transport, artisanal, agricultural, professional, traditional, and service sectors. Eligible women will receive a subsidy of ₹2 lakhs with a 5% annual interest rate, provided they are entrepreneurs. No investment is required from the beneficiary for projects up to ₹2 lakhs.
Financing Pattern With Rate Of Interest
- NBCFDC Loan: 95% at 2% per annum
- Channel Partner Contribution: 5% at 5% per annum
Swarnima Scheme For Women Registration – Required Documents
To complete the registration process, the following documents are mandatory:
- Permanent residential certificate of the applicant
- Valid ID proof
- Aadhar Card
- Caste certificate proving backward class category
- Passport-size photo of the applicant
Guide To Apply for Swarnima Scheme For Women Registration
- Visit the nearest SCA office with all required documents.
- Locate the nearest SCA office on the official website.
- Fill out the application form with accurate information, specifying requirements and work field details.
- Attach all necessary documents and submit them to the nearest SCA office.
- A committee will conduct a verification process before approving the loan amount.
Direct Link To Check Swarnima Scheme For Women Nearest SCA
Visit the official website to find the nearest SCA office for Swarnima Scheme For Women.
FAQs on Swarnima Scheme For Women Registration
Q1: What amount of loan will be given under this Swarnima Scheme for women?
A: An amount of ₹200,000 will be provided under this Swarnima Scheme for women.
Q2: What interest will be paid by the beneficiary under this Swarnima Scheme for women?
A: The beneficiary will pay a 5% per annum loan interest under this Swarnima Scheme for women.
Q3: What is the maximum time allowed to repay the loan under the Swarnima Scheme for women?
A: A maximum of 8 years is allowed for the repayment of the loan under Swarnima Scheme for women.
In conclusion, the Swarnima Scheme for women stands as a beacon of support for aspiring entrepreneurs from the backward class, providing financial aid and paving the way for a more empowered and secure future.
