Mahila Samriddhi Yojana 2026: Financial Assistance up to Rs. 1,40,000, Eligibility & How to Apply
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Quick answer
Mahila Samriddhi Yojana is a central government microfinance scheme that provides loans up to Rs. 1,40,000 to women from SC/ST/OBC backgrounds with family income below Rs. 3 lakh per year. Beneficiaries receive financial assistance for starting or expanding income-generating activities, with interest rebate and repayment over 3.5 years in quarterly instalments. To apply, download the application form from the NSFDC website or state portal, fill it with required documents, and submit it offline to the District Office of State Channelizing Agencies.
At a glance
| Main benefit | Financial Assistance up to Rs. 1,40,000 |
| Ministry / department | Ministry Of Social Justice and Empowerment |
| Level | Central Government |
| For | Women / girls |
| Age | 18–55 years |
| Income limit | ₹3 lakh |
| Application mode | Offline |
About the scheme
Mahila Samriddhi Yojana (MSY) is a microfinance scheme launched by the National Backward Classes Finance and Development Corporation under the Ministry of Social Justice and Empowerment. It targets women from economically and socially backward classes, especially SC/ST/OBC groups, providing them with loans up to Rs. 1,40,000 at concessional interest rates to start or expand income-generating activities. The scheme includes training, stipend, and subsequent micro-credit through Self-Help Groups, with repayment spread over 3.5 years in quarterly instalments.
Benefits
- Microfinance scheme for women with interest rebate
- Financial Assistance up to Rs. 1,40,000
- Repayment period within 3.5 years in quarterly instalments including moratorium
- On repayment, eligible beneficiaries can avail any loan under NSFDC scheme
Who can apply (eligibility)
- Applicant must be between 18 to 55 years of age
- Applicable to women from low-income families or women belonging to SC/ST/OBC categories as notified by Central/State Government with family income less than Rs. 3 lakhs per annum
- Applicable to women looking to start their own business or engage in income-generating activities
Documents required
- Address Proof
- Identity Proof
- SHG membership ID
- Caste certificate (if applicable)
- Income Certificate from a competent authority
- Aadhaar Card
- Bank Account details
- Recent Passport Size Photographs
How to apply
- 1Visit the official NSFDC website or your state government portal to download the Mahila Samriddhi Yojana application form.
- 2Fill the application form with details such as age, name, contact information, required loan amount, etc.
- 3Attach the required documents including address proof, identity proof, SHG membership ID, caste certificate (if applicable), income certificate, Aadhaar, bank details, and photographs.
- 4Submit the completed form and documents to the District Office of the State Channelizing Agency (SCA) or other authorized channel partners.
- 5After scrutiny, the SCA forwards the application to its head office for approval and fund disbursement as per norms.
- 6Upon approval, the loan amount is disbursed and repayment begins as per the quarterly schedule over 3.5 years.
Frequently asked questions
What is Mahila Samriddhi Yojana?+
Mahila Samriddhi Yojana is a microfinance scheme offering loans under NBCFDC to women entrepreneurs from below poverty line (BPL) section of the society or backward classes.
Interest Rate per annum chargeable to SCAs and Beneficiaries?+
In the case of State Channelizing Agencies (SCAs) it is 1% whereas in case of beneficiaries it is 4%.
Who is eligible for the scheme?+
Women aged 18 to 55 years from low-income families or belonging to SC/ST/OBC categories with family income less than Rs. 3 lakhs per annum, who wish to start a business or engage in income-generating activities, are eligible.
How much loan can be availed under the scheme?+
Financial Assistance up to Rs. 1,40,000 is provided.
What is the repayment period and instalment frequency?+
The repayment period is within 3.5 years, in quarterly instalments from the date of each disbursement including the moratorium period.
How to apply for Mahila Samriddhi Yojana?+
Download the application form from the NSFDC website or state portal, fill it with required details and documents, and submit it offline to the District Office of the State Channelizing Agency.
What documents are required for application?+
Address Proof, Identity Proof, SHG membership ID, Caste certificate (if applicable), Income Certificate from a competent authority, Aadhaar Card, Bank Account details, and Recent Passport Size Photographs are required.
NaukriZila is not a government website. Apply only on the official portal; never pay anyone to apply for a government scheme. Source: myScheme (Government of India)