§1Who it is for

  • Women aged 18-55 from low-income or SC/ST/OBC families (income below ₹3 lakh)

Useful if

Low-income women starting a micro business

Do not spend time on it if

Larger projects above ₹1.4 lakh

§2Eligibility

  1. Applicant must be between 18 to 55 years of age.
  2. Applicable to Women from low-income families or women who belong to SC/ST/OBC categories as notified by the Central/State Government and whose family income is less than Rupees three lakhs per annum.
  3. Applicable to Women looking to start their own business or engage in income-generating activities.

§3Benefits

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

§4Norms — pattern of assistance

  1. It is a microfinance scheme for women with a rebate in interest. Financial Assistance up to the cost of ₹1,40,000/- is provided.
  2. The repayment period is within 3.5 years, in quarterly installments from the date of each disbursement including the moratorium period.

§5Documents

Tick each one as you get it ready.

Caste certificate (if applicable)

§6How to apply

  1. 1

    [Online] Visit the official website of NSFDC or your state government portal to apply.

  2. 2

    Download the Mahila Samridhi Yojana application form.

  3. 3

    Fill up the application form carefully and provide the necessary details, such as your age, name, contact information, required amount, etc.

  4. 4

    Submit the form along with the required documents.

  5. 5

    NSFDC provides loans to the eligible target group under its schemes through its Channel Partners.

  6. 6

    The loan applications are to be submitted by the eligible target group (Scheduled Castes persons having annual family income up to Rs. 3.00 lakhs ) to the District Offices of State Channelizing Agencies (SCAs).

  7. 7

    The District Offices of SCAs/CAs forward these applications, after scrutiny, to their Head Offices.

  8. 8

    Eligible target group can also submit their loan application to other Channelizing Agencies of NSFDC such as Regional Rural Banks/ Public Sector Banks/ NBFC-MFIs etc. with whom NSFDC has signed Memorandum of Agreements.

  9. 9

    After acceptance of the terms and conditions of the sanction and fulfillment of Prudential Norms, as applicable, funds are disbursed to the SCAs/ RRBs/ Nationalized Bank for onward disbursement to the beneficiaries.

  10. 10

    The disbursement of funds is made by NSFDC on receipt of demand from the SCAs/ RRBs/ Public Sector Banks/ NBFC MFIs.

  11. 11

    The loans are to be repaid by the beneficiaries as per the repayment schedule stipulated by the SCAs/CAs.

§7Pros and cons

Merits

  • Micro-loan up to ₹1.4 lakh with interest rebate
  • On repayment, eligible for further NSFDC loans

Demerits

  • Small amount
  • Repayment within 3.5 years

→Related schemes

Need help with NSFDC-MSY?

Eligibility check, DPR and application file — ask us on WhatsApp.

WhatsApp usServices

Our interestHelp is our paid service. You can also apply for the scheme yourself.

Sources

  1. myScheme — Mahila Samriddhi Yojana
  2. Guidelines
  3. FAQ

Checked on 18 October 2026. For information only — confirm with the department or bank. Spotted a mistake? Report it.