Mahila Samriddhi Yojana
By Ministry of Social Justice and Empowerment
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Quick Answer
Microfinance loan of up to ₹1,40,000 with training for women from backward or low-income families who want to start a business.
- Funding amount
- Up to ₹1.4L
- Funding type
- Debt
- Application deadline
- Rolling
- Location
- Open to startups registered in India
About this loan
Women aged 18 to 55 from low-income families, or from SC/ST/OBC categories, can get a microfinance loan of up to ₹1,40,000 at a rebate in interest. The scheme comes from the National Backward Classes Finance and Development Corporation (NBCFDC) under the Ministry of Social Justice and Empowerment. Family income must be below ₹3 lakh per annum.
The scheme also covers training costs and gives a stipend for suitable craft activities to groups of women (SHGs). You repay within 3.5 years in quarterly instalments. After repaying through State Channelizing Agencies (SCAs), you can apply for further loans under other NSFDC schemes. It is meant for women who want to start their own business or take up income-generating activities.
Eligibility
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Grant providers
The Ministry of Social Justice and Empowerment is a Government of India ministry, with its office at Shastri Bhawan in New Delhi. Its entrepreneurship loans are run through two corporations under the ministry, the National Scheduled Castes Finance and Development Corporation…
Learn moreBenefits & Funding
- Amount
- Up to ₹1.4L
- Fund type
- Debt
- Equity
- Equity-free
- Repayment
- Repayable
What You Get
The Mahila Samridhi Yojana provides financial assistance up to ₹1,40,000 as a microfinance loan to women entrepreneurs. This loan comes with a rebate in interest, making it more accessible for women from economically and socially backward backgrounds. The scheme also covers training costs and provides a stipend for suitable craft activities for groups of women, helping them acquire necessary skills to start or expand their businesses. Beneficiaries can repay the loan within 3.5 years in quarterly installments. Upon successful repayment through State Channelizing Agencies (SCAs), eligible women can also avail further loans under other NSFDC schemes, fostering sustained entrepreneurial growth and financial independence.
- Disbursement
- Tranched
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Applications for the Mahila Samriddhi Yojana are submitted to the District Offices of State Channelizing Agencies (SCAs) or other Channelizing Agencies of NSFDC. These local offices are responsible for the initial scrutiny of applications to ensure all eligibility criteria and required documentation are met. After thorough review, eligible applications are forwarded to their respective Head Offices for further processing. Following acceptance of the terms and conditions of sanction and fulfillment of all applicable Prudential Norms, NSFDC disburses funds to these channel partners for onward distribution to the approved women beneficiaries. The selection process ensures that financial assistance reaches the targeted group efficiently through established networks.
Application Process
- 1
Download Application Form
Download the Mahila Samriddhi Yojana application form from the official NSFDC website or state government portal.
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How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 4
Submit on the official portal
Use the official application link and verify all details before final submission.
- 5
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Program templates & documents
Files the program publishes for applicants — download these and apply in the prescribed format.
Frequently Asked Questions
What is the Mahila Samriddhi Yojana (MSY)?
The Mahila Samriddhi Yojana (MSY) is a microfinance scheme launched by the National Backward Classes Finance and Development Corporation (NBCFDC) under the Ministry of Social Justice and Empowerment. It aims to empower women entrepreneurs from economically and socially backward backgrounds by providing financial assistance and skill development training.
Who is eligible for the Mahila Samriddhi Yojana?
Women between 18 to 55 years of age are eligible. They must belong to SC, ST, or OBC categories, or other notified minority groups, with a family income of less than ₹3 lakh per annum. The scheme is for women looking to start or expand income-generating activities or businesses.
What is the maximum financial assistance provided under MSY?
Under the Mahila Samriddhi Yojana, financial assistance up to ₹1,40,000 is provided as a microfinance loan to eligible women entrepreneurs and Self-Help Groups.
How does one apply for the Mahila Samriddhi Yojana?
Applicants can visit the official NSFDC website or their state government portal to download the application form. After filling it carefully with all necessary details and documents, the form should be submitted to the District Offices of State Channelizing Agencies (SCAs) or other designated Channelizing Agencies like RRBs/Public Sector Banks/NBFC-MFIs.
What is the repayment period for the loan?
The loan provided under the Mahila Samriddhi Yojana has a repayment period of up to 3.5 years (42 months), which includes any moratorium period. Repayment is typically made in quarterly installments from the date of each disbursement.
Are there any other benefits beyond the loan?
Yes, beyond the microfinance loan, the scheme also covers training costs and provides a stipend for women undertaking suitable craft activities. Upon successful repayment of the MSY loan through SCAs, beneficiaries may also become eligible to avail further loans under other NSFDC schemes.
Sources
Data on this page is compiled from official program and provider references.
