New Swarnima Scheme For Women

  • Scheme For: Individual
  • Nodal Ministry: Ministry Of Social Justice and Empowerment
  • Categories: Banking,Financial Services and Insurance, Business & Entrepreneurship, Social welfare & Empowerment, Women and Child
  • Tags: Entrepreneur, Women, Business, Empowerment, Backward Class, Financial Assistance

A term loan scheme by the Ministry of Social Justice and Empowerment for women entrepreneurs from backward classes to obtain a loan of up to ₹2,00,000/- at 5% per annum, thereby providing them social & financial security.

New Swarnima Scheme For Women - Introduction

A term loan scheme by the Ministry of Social Justice and Empowerment for women entrepreneurs from backward classes to obtain a loan of up to ₹2,00,000/- @ 5% per annum, thereby providing them social & financial security. The scheme is introduced by National Backward Classes Finance and Development Corporation (NBCFDC) and implemented by State Channelising Agencies (SCAs) which act as the nodal agency.

Eligibility

  • The applicant must be a FEMALE.
  • The age of the applicant must be between 18 and 55 years.
  • The applicant must be an Entrepreneur.
  • The total annual family income of the applicant must be less than ₹ 3 Lakh per annum.

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