HWDC Subsidized Loan Scheme for Widows Haryana | HWDC
Overview
The Subsidized Scheme for Widows is a special credit and subsidy program offered by the Haryana Women Development Corporation (HWDC). It provides financial assistance to widows who need support in establishing income-generating activities after losing their spouse.
The scheme combines a loan with a subsidy component, making it especially affordable for widows who may have limited financial resources or credit history.
Objective
The scheme addresses the economic vulnerability that widows often face after losing their primary breadwinner. It empowers them to establish businesses, take up trades, or enter self-employment with reduced financial risk.
Benefits
- Loan with a subsidy component that reduces the repayable amount
- Concessional interest rate on the loan portion
- Support for small trade, handicraft, stitching, or other income activities
- Priority processing for widows with no other income
Eligibility
- Must be a widow and resident of Haryana
- Age: 18 to 55 years
- Annual income must be within the HWDC-prescribed limit
- Must not be receiving similar benefits from another government scheme
- Must have a proposed income-generating activity
Exclusions
- Divorced or separated women are not covered under this specific scheme
- Widows above the income ceiling
- Non-Haryana residents
- Those who have already availed the scheme’s maximum benefit
Application Process
- Visit the nearest HWDC district or sub-district office
- Request the Subsidized Scheme for Widows application form
- Fill in all relevant personal and financial details
- Attach all required supporting documents
- Submit to the HWDC officer for review
- Field verification may be conducted
- Loan and subsidy sanctioned and transferred to the bank account
Documents Required
- Death certificate of spouse
- Haryana residence certificate
- Aadhaar card
- Income certificate
- Bank account passbook copy
- Description of proposed income-generating activity
- Passport-size photographs
