Mahila Samriddhi Yojana BC Women Loan Haryana

Overview

Mahila Samriddhi Yojana for Backward Classes is a Haryana government scheme that offers savings-linked loans to women from backward class communities. It is implemented through the Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam.

The scheme combines the discipline of savings with access to credit, creating a sustainable model that promotes financial inclusion and entrepreneurship among BC women across Haryana.

Objective

The scheme aims to empower backward class women financially by helping them establish or grow income-generating activities. It recognizes that women entrepreneurs in BC communities often lack access to institutional finance due to documentation and collateral barriers.

By linking loans to savings, the scheme also builds long-term financial habits.

Benefits

• Loan amount linked to the savings deposits made by the beneficiary
• Concessional interest rates well below commercial market lending rates
• Simple repayment structure designed to match the income patterns of self-employed women
• Promotes enterprise among backward class women in rural and urban Haryana

Eligibility

• Woman belonging to a notified backward class community in Haryana
• Age between 18 and 55 years
• Annual family income within the prescribed limit
• Permanent resident of Haryana
• Must open a savings account and maintain regular contributions

Exclusions

• Women from communities not classified as backward classes
• Applicants with family income above the specified ceiling
• Women already receiving similar financial benefits under another active scheme
• Existing loan defaulters

Application Process

Eligible women apply through the Haryana Backward Classes Kalyan Nigam district office. They must complete a prescribed savings period before a loan is disbursed against their savings.

Applications can also be submitted via the Antyodaya Saral Portal of Haryana for added convenience.

Documents Required

• Backward class caste certificate
• Aadhaar card and identity proof
• Income certificate
• Proof of Haryana residence
• Savings account passbook details
• Passport-size photograph
• Self-employment or business activity statement