MSYM

Mahila Samridhi Yojana (Maharashtra)

Mahila Samridhi Yojana, administered by the Department of Social Justice & Special Assistance in Maharashtra, supports economically weaker women from the Charmakar Community by providing loans between ₹25,000 and ₹50,000 at a low interest rate of 4% per annum. Eligible applicants must be female, aged 18 to 50, and permanent residents of Maharashtra, with priority given to widows and divorcees.

State Cash

States / UT: Maharashtra

Nodal department: Social Justice and Special Assistance Department

Scheme for: Individual

Scheme profile

DBT (direct benefit transfer): No

Categories: Banking,Financial Services and Insurance, Women and Child

Sub-categories: Banking and money, Personal finance, Loan

Target beneficiaries: Individual

Tags: Woman, Charmakar, Subsidy, Widow, Divorcee

Details

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.

Benefits

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

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

Eligibility

  1. The applicant should be a female.
  2. The applicant should belong to the Charmakar Community.
  3. The applicant's age should be between 18 and 50 years.
  4. The applicant should be a permanent resident of Maharashtra.
  5. The applicant must have knowledge of the business for which the loan is being applied.
  6. For the 50% Subsidy Scheme and Margin Money, the applicant's annual income must be below the poverty line.
  7. 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.

Application Process

Offline

Step 1: The interested applicant should visit (during office hours) the District Office of LIDCOM and request the hard copy of the prescribed format of the application form from the concerned authority.
Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).
Step 3: Submit the duly filled and signed application form along with the documents, within the prescribed period (if any), to the District Office of LIDCOM.
Step 4: Request a receipt or acknowledgement from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).
NOTE: Ensure that the application is submitted within the prescribed period, if any.

Documents Required

No document list is available for this scheme yet.

References

Apply

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Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status