Chhattisgarh’s Mahatari Rin Shakti yojna brings great news for women aspiring to become financially independent. Under this scheme, the government is offering loans of ₹25,000 to women, without the hassle of long formalities or paperwork. If you’re a woman between the ages of 21 and 50 and want to start your own business, this scheme could be the stepping stone you need. Let’s walk you through how you can benefit from this initiative.
Eligibility and Conditions
To avail of the ₹25,000 loan, women between the ages of 21 and 50 can apply through rural banks. The only condition is that your bank account should be with any branch of the State Rural Bank. If you are already benefiting from the Mahatari Vandan Scheme, you are automatically eligible for this loan.
What if your account is with another bank? No worries! You can transfer your account to a rural bank. Once the transfer is complete and three months have passed, you will be eligible for the Mahatari Shakti Loan Scheme. Additionally, applicants must have the Pradhan Mantri Jeevan Jyoti Bima Yojana insurance.
How to Apply for the Loan?
To apply, visit your nearest rural bank branch and fill out the application form. Along with the form, you will need to submit the following documents:
- Aadhar Card
- PAN Card
- Voter ID or Ration Card
- 3 Passport-sized Photos
- Bank Passbook Copy
After submission, you will choose the loan amount (either ₹10,000 or ₹25,000), and the bank will process your loan. This loan will be available at an annual interest rate of 10% for a tenure of 4 years.
Repayment Details
- The loan repayment will be made in monthly installments, based on the loan amount:
- For ₹10,000, the monthly installment will be between ₹254 to ₹300
- For ₹25,000, the monthly installment will be between ₹635 to ₹700
जानें किन महिलाओं को मिलेगी 25 हजार की मदद?
Positive Takeaway
The Chhattisgarh government is making it easier for women to start their own businesses with this ₹25,000 loan under the Mahatari Rin Shakti yojna. Don’t miss out on this wonderful opportunity! If you found this information helpful, let us know in the comments, and make sure to like and share this video so more women can benefit from this initiative.
