{"id":15955,"date":"2025-04-25T12:30:10","date_gmt":"2025-04-25T12:30:10","guid":{"rendered":"https:\/\/lxme.in\/?p=15955"},"modified":"2025-06-13T06:45:47","modified_gmt":"2025-06-13T06:45:47","slug":"mahila-samriddhi-yojana-benefits-and-how-to-apply","status":"publish","type":"post","link":"https:\/\/lxme.in\/v1\/mahila-samriddhi-yojana-benefits-and-how-to-apply\/","title":{"rendered":"Mahila Samriddhi Yojana Benefits and How Women Can Easily Apply"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_75 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/lxme.in\/v1\/mahila-samriddhi-yojana-benefits-and-how-to-apply\/#What_is_the_Mahila_Samriddhi_Yojana\" >What is the Mahila Samriddhi Yojana?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/lxme.in\/v1\/mahila-samriddhi-yojana-benefits-and-how-to-apply\/#What_are_the_Mahila_Samriddhi_Yojana_Features\" >What are the Mahila Samriddhi Yojana Features?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/lxme.in\/v1\/mahila-samriddhi-yojana-benefits-and-how-to-apply\/#What_is_the_eligibility_criteria_for_Mahila_Samriddhi_Yojana_Scheme\" >What is the eligibility criteria for Mahila Samriddhi Yojana Scheme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/lxme.in\/v1\/mahila-samriddhi-yojana-benefits-and-how-to-apply\/#What_are_the_Mahila_Samriddhi_Yojana_Scheme_benefits\" >What are the Mahila Samriddhi Yojana Scheme benefits?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/lxme.in\/v1\/mahila-samriddhi-yojana-benefits-and-how-to-apply\/#How_to_apply_for_Mahila_Samriddhi_Yojana_Scheme\" >How to apply for Mahila Samriddhi Yojana Scheme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/lxme.in\/v1\/mahila-samriddhi-yojana-benefits-and-how-to-apply\/#What_are_the_documents_required_for_the_Mahila_Samridhi_Yojana_Scheme\" >What are the documents required for the Mahila Samridhi Yojana Scheme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/lxme.in\/v1\/mahila-samriddhi-yojana-benefits-and-how-to-apply\/#FAQs\" >FAQs:<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/lxme.in\/v1\/mahila-samriddhi-yojana-benefits-and-how-to-apply\/#How_can_women_benefit_from_the_financial_empowerment_features_of_this_scheme\" >How can women benefit from the financial empowerment features of this scheme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/lxme.in\/v1\/mahila-samriddhi-yojana-benefits-and-how-to-apply\/#Which_steps_and_documents_are_needed_to_ensure_a_smooth_application_process\" >Which steps and documents are needed to ensure a smooth application process?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n<p>We see them everywhere: women shattering glass ceilings and taking the lead in every industry. Sometimes, all it takes is a little nudge to make their dreams into a reality. The Mahila Samriddhi Yojana (MSY) project, launched by the National Backward Classes Finance and Development Corporation (NBCFDC), focuses on women, particularly those from poor backgrounds, and provides them with the resources they need to succeed. Let\u2019s discuss in detail how women can exactly understand and benefit from this scheme.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Mahila_Samriddhi_Yojana\"><\/span><strong>What is the <\/strong><strong>Mahila Samriddhi Yojana?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Mahila Samridhi Yojana Scheme<\/strong> is a plan designed to help women entrepreneurs from underprivileged or economically weaker sections of society. Under this strategy, the government offers microfinance (banking service for people or groups who wouldn&#8217;t be able to get other financial services) to female entrepreneurs directly or through Self-Help Groups (SHGs are informal groups of people that face similar problems).<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"942\" height=\"472\" src=\"https:\/\/lxme.in\/wp-content\/uploads\/2025\/04\/image.png\" alt=\"Mahila Samriddhi Yojana for Women\" class=\"wp-image-16351\" srcset=\"https:\/\/lxme.in\/v1\/wp-content\/uploads\/2025\/04\/image.png 942w, https:\/\/lxme.in\/v1\/wp-content\/uploads\/2025\/04\/image-300x150.png 300w, https:\/\/lxme.in\/v1\/wp-content\/uploads\/2025\/04\/image-150x75.png 150w\" sizes=\"(max-width: 942px) 100vw, 942px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Mahila_Samriddhi_Yojana_Features\"><\/span><strong>What are the <\/strong><strong>Mahila Samriddhi Yojana <\/strong><strong>Features<\/strong><strong>?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>National Scheduled Castes Finance and Development Corporation (NSFDC) offers Mahila Samriddhi Yojana for setting up businesses that cost up to Rs.&nbsp;1,40,000\/-.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Maximum Loan Limit: <\/em>NSFDC offers loans up to <strong>90%<\/strong> of the project cost, with a maximum of <strong>Rs.1.25 lakhs.<\/strong><\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Rate of Interest:<\/em> &nbsp;The NSFDC lends money to Scheduled Caste Agencies(SCAs)\/Channelising Agencies (CAs) at a low-interest rate (2%), then lends this money to women starting businesses (beneficiaries) at a slightly higher rate (6%) to cover their own expenses.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Repayment Period:<\/em> A three-month gap will be allowed at the start of the business before the loans need to be repaid, which will then be paid in quarterly installments over a maximum of three years.<\/li>\n<\/ul>\n\n\n\n<p><strong>For example,<\/strong> Rekha, a resident of a small village, has always wanted to turn her passion for knitting into a successful business. She was unable to purchase the additional wool and equipment she required due to financial constraints.<br>This is where the <strong>Samriddhi Yojana<\/strong> came in as a game changer for Rekha. Rekha could qualify for a loan because her knitting project was under MSY&#8217;s Rs.1,40,000 ceiling and had to make interest payments on 6% rate of interest.<br><br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_eligibility_criteria_for_Mahila_Samriddhi_Yojana_Scheme\"><\/span><strong>What is the eligibility criteria for <\/strong><strong>Mahila Samriddhi Yojana Scheme<\/strong><strong>?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The applicant must be between <strong>18 and 55 years<\/strong> old.<\/li>\n\n\n\n<li>Applicable to women from <strong>economically and socially backward classes<\/strong> as notified by the Central\/State Government.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Mahila_Samriddhi_Yojana_Scheme_benefits\"><\/span><strong>What are the <\/strong><strong>Mahila Samriddhi Yojana Scheme benefits<\/strong><strong>?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Financial assistance for business units costing up to \u20b91,40,000\/- is available.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The payback duration is 3.5 years, with quarterly installments starting from the date of each disbursement and including the moratorium period.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Eligible beneficiaries can apply for any loan under the NSFDC scheme after repaying their MSY loans through the relevant State Channelizing Agencies (SCA).<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_apply_for_Mahila_Samriddhi_Yojana_Scheme\"><\/span><strong>How to apply for <\/strong><strong>Mahila Samriddhi Yojana Scheme<\/strong><strong>?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>To apply, visit the NSFDC&#8217;s official website or your state government portal. Download the Mahila Samriddhi Yojana application form.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fill out the application form completely, including your age, name, contact information, and required amount. Please submit the form together with the relevant papers.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>NSFDC provides loans to eligible target groups through its Channel Partners.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>The qualifying target group (Scheduled Castes individuals with an annual family income of up to Rs. 3.00 lakhs) must submit loan applications to the District Offices of State Channelizing Agencies (SCAs).After reviewing these applications, SCA\/CA District Offices forward them to their Head Offices.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Eligible target groups can also apply for loans through NSFDC&#8217;s other Channelizing Agencies with which NSFDC has Memorandums of Agreement.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>After the terms and circumstances of the sanction are accepted and the Prudential Norms, if applicable, are met, funds are disbursed to the SCAs\/ RRBs\/ Nationalized Banks for distribution to the beneficiaries.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The loans must be returned by the beneficiaries according to the repayment plan established by the SCAs\/CAs.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_documents_required_for_the_Mahila_Samridhi_Yojana_Scheme\"><\/span><strong>What are the documents required for the <\/strong><strong>Mahila Samridhi Yojana Scheme<\/strong><strong>?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Address Proof<\/li>\n\n\n\n<li>Identity Proof<\/li>\n\n\n\n<li>SHG membership ID<\/li>\n\n\n\n<li>Caste Certificate (if applicable)<\/li>\n\n\n\n<li>Income Certificate from a competent authority<\/li>\n\n\n\n<li>Aadhaar Card<\/li>\n\n\n\n<li>Bank Account Details<\/li>\n\n\n\n<li>Recent Passport Size Photographs<\/li>\n<\/ol>\n\n\n\n<p>To conclude, The Mahila Samriddhi Yojana (MSY) or the&nbsp; <strong>Mahila Loan Yojana<\/strong> bridges the gap between dreams and reality for prospective female entrepreneurs from the weaker sections of society by providing accessible loans, affordable interest rates, and flexible repayment alternatives, empowering women to overcome social stigma and achieve financial independence.<\/p>\n\n\n\n<p>Also, start investing for your better financial future with <a href=\"https:\/\/lxme.onelink.me\/95JV\/mymoneytab74\" target=\"_blank\" rel=\"noreferrer noopener\">Lxme\u2019s expert-curated funds<\/a> which are well-researched and diversified and become financially fearless.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1745486281770\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"How_can_women_benefit_from_the_financial_empowerment_features_of_this_scheme\"><\/span><strong>How can women benefit from the financial empowerment features of this scheme?<\/strong><br><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Women can benefit from the Mahila Samridhi Yojana Scheme by gaining access to affordable loans to start or expand their businesses. The scheme offers financial assistance of up to \u20b91.25 lakhs with a low-interest rate of 6%, providing women from economically backward backgrounds the opportunity to become financially independent.\u00a0<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1745486320235\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Which_steps_and_documents_are_needed_to_ensure_a_smooth_application_process\"><\/span><strong>Which steps and documents are needed to ensure a smooth application process?<\/strong><br><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>To apply for the Mahila Samriddhi Yojana Scheme, visit the NSFDC website or your state portal, fill out the application form, and submit it with required documents: Address Proof, Identity Proof, SHG ID, Caste Certificate (if applicable), Income Certificate, Aadhaar Card, Bank Details, and Passport Size Photos. Submit the completed form to the District Office or Channelizing Agency for processing.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [{\n    \"@type\": \"Question\",\n    \"name\": \"How can women benefit from the financial empowerment features of this scheme?\",\n    \"acceptedAnswer\": {\n      \"@type\": \"Answer\",\n      \"text\": \"Women can benefit from the Mahila Samridhi Yojana Scheme by gaining access to affordable loans to start or expand their businesses. The scheme offers financial assistance of up to \u20b91.25 lakhs with a low-interest rate of 6%, providing women from economically backward backgrounds the opportunity to become financially independent.\"\n    }\n  },{\n    \"@type\": \"Question\",\n    \"name\": \"Which steps and documents are needed to ensure a smooth application process?\",\n    \"acceptedAnswer\": {\n      \"@type\": \"Answer\",\n      \"text\": \"To apply for the Mahila Samriddhi Yojana Scheme, visit the NSFDC website or your state portal, fill out the application form, and submit it with required documents: Address Proof, Identity Proof, SHG ID, Caste Certificate (if applicable), Income Certificate, Aadhaar Card, Bank Details, and Passport Size Photos. Submit the completed form to the District Office or Channelizing Agency for processing.\"\n    }\n  }]\n}\n<\/script>\n\n\n\n<p>Further read:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/lxme.in\/post-office-savings-schemes-for-women\/\" target=\"_blank\" rel=\"noreferrer noopener\">5 Post Office Savings Schemes for Women and their Benefits<\/a><\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/lxme.in\/how-lakhpati-didi-scheme-empowers-women\/\" target=\"_blank\" rel=\"noreferrer noopener\">How Lakhpati Didi Scheme Empowers Women Towards Financial Independence<\/a><\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/lxme.in\/how-to-apply-for-pradhan-mantri-matru-vandana-yojana\/\" target=\"_blank\" rel=\"noreferrer noopener\">How to Apply for Pradhan Mantri Matru Vandana Yojana Online and Offline<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>We see them everywhere: women shattering glass ceilings and taking the lead in every industry. Sometimes, all it takes is a little nudge to make their dreams into a reality. The Mahila Samriddhi Yojana (MSY) project, launched by the National Backward Classes Finance and Development Corporation (NBCFDC), focuses on women, particularly those from poor backgrounds, <a href=\"https:\/\/lxme.in\/v1\/mahila-samriddhi-yojana-benefits-and-how-to-apply\/\" class=\"more-link\">&#8230;<span class=\"screen-reader-text\">  Mahila Samriddhi Yojana Benefits and How Women Can Easily Apply<\/span><\/a><\/p>\n","protected":false},"author":10,"featured_media":15956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[665],"tags":[1062,1064,1061,1063],"class_list":["post-15955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education","tag-mahila-samiti-yojana","tag-mahila-samriddhi-yojana","tag-mahila-samriddhi-yojana-benefits","tag-mahila-samridhi-yojana-scheme"],"acf":[],"_links":{"self":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts\/15955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/comments?post=15955"}],"version-history":[{"count":3,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts\/15955\/revisions"}],"predecessor-version":[{"id":17294,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts\/15955\/revisions\/17294"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/media\/15956"}],"wp:attachment":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/media?parent=15955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/categories?post=15955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/tags?post=15955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}