Mahila Samriddhi Yojana (GTKVN)

Mahila Samriddhi Yojana (GTKVN)

The Mahila Samriddhi Yojana is a transformative initiative by the Government of Gujarat aimed at empowering women entrepreneurs from the Thakor and Koli communities. Through the provision of micro-loans, this scheme supports self-employment opportunities, enabling women to establish and grow their small businesses, tailored to their unique skills and talents.

Overview of the Scheme

Administered by the Gujarat Thakor and Koli Vikas Nigam (GTKVN), the Mahila Samriddhi Yojana falls under the purview of the Social Justice and Empowerment Department of the Government of Gujarat. This scheme is specifically designed to uplift women entrepreneurs from the Thakor and Koli communities by facilitating access to low-interest micro-loans. Beneficiaries can utilize these funds to start small businesses or trades that align with their capabilities.

Key Benefits

• Maximum Loan Amount: Up to ₹60,000/-.
• Interest Rate: Set at a favorable 4% per annum.
• Loan Coverage: 100% of the proposed business/trade expenses will be financed.
• Repayment Period: The loan must be repaid over a period of 48 months (4 years), inclusive of interest, through equal monthly installments.

Eligibility Requirements

• The applicant must be a resident of Gujarat.
• The applicant should belong to the Thakor or Koli caste.
• Age of the applicant should range between 21 to 50 years at the time of application.
• The family’s annual income must not exceed ₹3,00,000/-.
• Relevant technical skills and experience in the intended business or trade are required.
• Provision of suitable collateral is necessary to secure the loan.

Note: A minimum of 50% of the total loan amount will be earmarked for families with an annual income of up to ₹1,50,000/-.

Application Procedure

To apply for the Mahila Samriddhi Yojana, follow these steps:

1. Visit the Official Website: Access the site of the Gujarat Thakor and Koli Vikas Nigam.
2. Navigate to the Application Section: Click on “Apply Now” located on the top menu.
3. Select Loan Scheme: Click on the designated loan scheme name.
4. Choose Loan Category: Specify the loan category and enter the desired loan amount.
5. Complete the Application Form: Provide the following details:
   • Personal Information: Name, gender, date of birth, caste, etc.
   • Address Information: Permanent and correspondence addresses.
   • Income Details: Monthly family income and its source.
   • Loan Requirement: Amount required and intended use (e.g., business, self-employment).
   • Bank Account Details: For loan disbursement purposes.
6. Document Submission: Upload scanned copies of the required documents, including:
   • Caste certificate
   • Income certificate
   • Aadhaar card
   • Passport-size photograph
   • First page of the bank passbook
   • Proof of residence
7. Verify Information: Review all entered details. Click on “Preview” to confirm accuracy. If everything is correct, click “Submit”.
8. Application Confirmation: Upon submission, the applicant will receive an Application ID/Reference Number. Make sure to save or print the acknowledgment for future tracking.

Official Source

For more information, please visit: myScheme.gov.in