Mahila Samriddhi Yojana


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Mahila Samridhi Yojana (MSY) is a scheme aimed to benefit the women entrepreneurs from backward backgrounds or poor backgrounds. The scheme was launched as part of the National Backward Classes Finance and Development Corporation (NBCFDC) under the Ministry of Social Justice and Empowerment. Under this scheme, the Government provides micro-finance to the women entrepreneurs either directly or through Self-Help Groups (SHGs). This scheme is being implemented by a wide range of channel partners nationwide. Targeted women beneficiaries are identified and given loans either directly or in the form of Self-Help Groups (SHGs). The two main targeted beneficiaries are:

  1. Self-help groups (SHGs): It aims to strengthen and assist SHGs, particularly those that include women. These people make up the autonomous, economically disadvantaged category.
  2. Women belonging to economically and socially backward classes (targeted groups): Women from the underprivileged classes are considered, particularly those who fall under the SC or ST category.

Objectives of Mahila Samridhi Yojana

  1. To encourage women belonging to minority groups from rural regions and underprivileged classes to adopt an entrepreneurial attitude.
  2. To help these women meet their entrepreneurial goals by providing microfinance loans at lower interest rates.
  3. To encourage women from scheduled castes or scheduled tribes or any other minority populations to pursue their aspirations.
  4. To encourage women to overcome social stigma and gain financial independence.
  5. To assist women who are unable to establish their own businesses or careers owing to a lack of financial assistance.
  6. It is also a Micro Finance Scheme for women with rebate in interest.


  1. Financial Assistance up to cost of ₹1,40,000/- is provided.
  2. The repayment period is within 3.5 years, in quarterly installments from date of each disbursement including moratorium period.
  3. On repayment of loans under MSY, through the concerned State Channelizing Agencies (SCA), the eligible beneficiaries can avail any loan under NSFDC scheme.


  1. Applicant must be between 18 to 55 years of age.
  2. Applicable to Women belonging to economically and socially backward classes (targeted groups) as notified time to time by the Central/State Government.