Central Government has launched Lakhpati Didi Yojana to empower women financially and realize their business dreams. Under this scheme, women can get interest-free loans ranging from ₹1 lakh to ₹5 lakh, enabling them to start their own businesses or expand existing businesses.
Salient features of the scheme
Loan Amount: ₹1 lakh to ₹5 lakh, interest free.
Goal: To make women self-reliant and help them earn an annual income of ₹1 lakh or more.
Beneficiary: Women affiliated to Self Help Groups (SHG).
Eligibility Criteria
- Women should be Indian citizens.
- Annual family income should be less than ₹3 lakh.
- No member of the family should hold a government job.
- Applicants must be associated with a women's self-help group.
Know the application process
- Join Self Help Group: Women should join any Self Help Group (SHG).
- Prepare a Business Plan: Prepare your business plan.
- Fill the application form: Get the application form from the nearest bank, women and child development department or self help group office and fill it with required documents.
- Submit Documents: Submit the following documents along with the application form: Aadhaar Card, PAN Card, Income Proof, Residence Proof, Bank Account Details, Passport Size Photograph, Mobile Number.
Benefits of the scheme
- Interest Free Loan: Loans are provided to women without interest.
- Help in Self-Employment: Women can start small businesses like tailoring, beauty parlour, food manufacturing, etc.
- Skill Development Training: Women are trained in various skills such as agriculture, animal husbandry, tailoring, etc.
- Financial Independence: Women can become financially independent through this scheme.
PC:Punjab Kesari
