Details
A term loan scheme by the Ministry of Social Justice and Empowerment for women entrepreneurs from backward classes to obtain a loan of up to ₹2,00,000/- @ 5% per annum, thereby providing them social & financial security. The scheme is introduced by National Backward Classes Finance and Development Corporation (NBCFDC) and implemented by State Channelising Agencies (SCAs) which act as the nodal agency.

Benefits
1. A subsidy amount of ₹2,00,000/- @ 5% per annum, for self-employment. (The remaining amount has to be self-owned by the beneficiary.)
2. The beneficiary woman is not required to invest any amount of her own on the projects upto cost of Rs.2,00,000/-.

Eligibility
1. The applicant must be a FEMALE.
2. The age of the applicant must be between 18 and 55 years.
3. The applicant must be an Entrepreneur
4. The Total Annual Family Income of the Applicant must be Less than ₹ 3 Lakh per Annum

Application Process
https://www.myscheme.gov.in/schemes/nssw
Offline

Step 1: Eligible applicant needs to visit nearest SCA office, apply on prescribed form for Swarnima Scheme for Women. You can find your nearest SCA office at this link – https://nsfdc.nic.in/channel-patrners/scas

Step 2: Enter the necessary details in the application form and mention the needs and choice of vocation and training requirements, if any.

Step 3: Submit your application form and the required documents to the same SCA office. After reviewing the application, the loan will be sanctioned by SCA.

Documents Required
1. Proof of Identity (Aadhaar card)
2. Ration Card
3. Domicile Certificate
4. Caste Certificate (for reserved category)
5. Passport size Photograph of the applicant