The Mahila Samridhi Yojana (MSY) is an initiative run by Ministry of Social Justice & Empowerment (MSJE), Government of India, acting through two major corporations National Safai Karamcharis Finance & Development Corporation (NSKFDC) & National Backward Classes Finance & Development Corporation (NBCFDC). In States the scheme is being implemented through State Channelizing Agencies (SCAs).
Component | Assistance |
Soft Loan | Rs 1,25,000 (by Central Govt) |
Guarantee Cover | 90% by National Safai Karamcharis Finance & Development Corporation (NSKFDC) |
Group based benefit | SHGs get higher limits, training and stipend. |
Low Interest | Around 1% to 6% per annum, with subsidies and minimal collateral requirements. |
You are eligible if:
You are not eligible if:
You can apply: