Sarkari Yojana
Indira Mahila Shakti Udyam Protsahan Yojana
About Indira Mahila Shakti Udyam Protsahan Yojana
Launched by the Rajasthan government, the Indira Mahila Shakti Udyam Protsahan Yojana (IMSUPY) empowers women entrepreneurs with financial assistance and support. It encourages women to start their own businesses and achieve financial independence, promotes self-employment to reduce female unemployment in Rajasthan, and supports the growth of women-led micro, small, and medium enterprises (MSMEs).
Scheme Overview
State Government
Individual
24 Jul 2020
Scheme Details
Eligibility Requirements
To qualify for Indira Mahila Shakti Udyam Protsahan Yojana, applicants must satisfy the following conditions:
The applicant must be at least 18 years…
The applicant must be at least 18 years old.
The applicant must be a permanent resident of…
The applicant must be a permanent resident of Rajasthan.
The women's self-help group, or a cluster/federation of…
The women's self-help group, or a cluster/federation of such groups, must be registered under a state government department; clusters/federations must additionally be registered under the Cooperative Act as per applicable rules.
Benefits Provided
Indira Mahila Shakti Udyam Protsahan Yojana provides the following benefits to eligible applicants:
Loan Limit
Loan amount of ₹ 50,00,000/- for individual women
Loan amount of ₹ 50,00,000/- for individual women.
Loan amount of Rs 1,00,00,000/- for self-help groups
Loan amount of Rs 1,00,00,000/- for self-help groups.
Margin Money
The scheme provides margin money equal to 25% of the sanctioned loan amount; for women from Scheduled Castes/Tribes, widows, abandoned women, victims of violence, and disabled women, this rises to 30%.
Note:
The margin money is capped at ₹ 15,00,000/-
The margin money is capped at ₹ 15,00,000/-.
The applicant's own contribution (5% / 10% of…
The applicant's own contribution (5% / 10% of the project proposal) counts toward the margin money.
Land value is excluded from the project proposal;…
Land value is excluded from the project proposal; the loan for constructing a workshop/building is capped at 20% of the sanctioned project proposal amount.
Business loans are capped at Rs
Business loans are capped at Rs. 10 lakh, where 'business' means wholesale or retail purchase-sale of commercial products.
Promotion of collateral-free loans:
Per Reserve Bank of India guidelines, loans up to Rs. 10 lakh require no collateral security. Loans above Rs. 10 lakh can be linked to the Credit Guarantee Trust Fund for Micro and Small Enterprises (CGTMSE), with the fee borne by the beneficiary. Applicants who voluntarily wish to offer collateral security may still do so.
Documents Required
Applicants should keep the following documents ready before starting the application:
Aadhaar card
Aadhaar card.
Proof of address
Proof of address.
Bank account statement
Bank account statement.
A passport-size photo
A passport-size photo.
Contact mobile number
Contact mobile number.
2020-07-24
How to Apply
Online Application
Applicants can apply for Indira Mahila Shakti Udyam Protsahan Yojana through the online application process outlined below.
Application Process
Registration
Step-1: Visit the official portal.
Step-2: Click "Register".
Step-3: You'll be redirected to the SSO registration page, which shows the following option:
Citizen
Step-4: Choose either Jan Aadhaar or Google to proceed.
Jan Aadhaar: Enter the Jan Aadhaar number and click 'Next',
Select your name, the head of the family's name, and other members, then
Click 'Send OTP', enter the OTP, and
Click 'Verify OTP' to complete registration.
Google: Enter your Gmail ID and click 'Next',
Enter the password.
Click the new SSO link that appears on screen.
Once the SSO ID appears, create a password.
Enter your mobile number and click registration.
Step-5: Complete the registration process.
Apply
Step-1: Visit the official portal.
Step-2: Read the instructions carefully and click "Apply".
Step-3: Click "Alert" to be redirected to the SSO portal.
Step-4: Log in with your credentials.
Step-5: Click "Apply for Scheme" on screen.
Step-6: On the new page, complete the application form across 7 sections:
General description
Applicant details
Details of applicant and workplace
Description of the proposed project
Details of proposed financial institution
Basis of ranking
Document Upload and Declaration
Step-7: After filling in all the details, submit the application form.
Exclusions / Who Is Not Eligible
1. Such applicants whose family members have benefited from any other central/state employment-oriented, grant program/ scheme in the last 5 years.
1. Applicants in whose family any member is a defaulter or defaulter of any financial institution/bank.
- **Note:-Family means husband, wife and minor children.**
- **The following activities will be ineligible under the scheme:-**
1. Manufacture and sale of products made from meat, liquor, and intoxicants.
1. Explosive substance.
1. Transport vehicle, the on-road price of which is Rs 10 lakh. be more than
1. Non-recyclable polythene and environmentally harmful plastic products.
1. Products/activities banned by the Government of India/State Government from time to time.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.