State-Specific Information

Mahila Samriddhi Yojana

in Tamil Nadu

Last updated:

Key dates and updates (Tamil Nadu)

Nationwide and Tamil Nadu-specific milestones. Verify on the official portal before you apply.

Milestone Date
Scheme launch

Mahila Samriddhi Yojana in Tamil Nadu

Mahila Samriddhi Yojana is a government scheme available to eligible residents of Tamil Nadu.

Apply for Mahila Samriddhi Yojana in Tamil Nadu

Scheme Overview

This is a micro-financing programme aiming towards the empowerment of women from underprivileged backgrounds or economically backward areas. Through this scheme, these women can apply for a loan at a nominal interest rate to fulfil their dreams and goals and gain financial independence.

Eligibility Criteria

1

Applicant must be between 18 to 55 years of age.

2

Applicable to Women from low-income families or women who belong to SC/ST/OBC categories as notified by the Central/State Government and whose family income is less than Rupees three lakhs per annum.

3

Applicable to Women looking to start their own business or engage in income-generating activities.

Benefits

It is a microfinance scheme for women with a rebate in interest. Financial Assistance up to the cost of Rs. 1,40,000/- is provided.

The repayment period is within 3.5 years, in quarterly installments from the date of each disbursement including the moratorium period.

On repayment of loans under MSY, through the concerned State Channelizing Agencies (SCA), the eligible beneficiaries can avail of any loan under the NSFDC scheme.

Required Documents

# Document
1 Address Proof
2 Identity Proof
3 SHG membership ID
4 Caste certificate (if applicable)
5 Income Certificate from a competent authority
6 Aadhaar Card
7 Bank Account details
8 Recent Passport Size Photographs

Common questions in Tamil Nadu

Who can apply for Mahila Samriddhi Yojana in Tamil Nadu?

Eligible residents of Tamil Nadu who meet the scheme’s overall criteria can apply for Mahila Samriddhi Yojana. Refer to the eligibility section above for the complete checklist.

What documents are required for Mahila Samriddhi Yojana in Tamil Nadu?

Applicants in Tamil Nadu typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.

What are the important dates for Mahila Samriddhi Yojana?

Key dates are summarized in the table on this page, from 18 July 2014 through 18 July 2014, based on values DeshSeva currently stores for this item.

Frequently Asked Questions

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.

Sources and references

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