Sarkari Yojana
Self-Employment loan scheme for Minority Widows, Divorcees / Abandoned Women
About Self-Employment loan scheme for Minority Widows, Divorcees / Abandoned Women
Introduced by Kerala’s State Minority Welfare Department, the “Self-Employment Loan Scheme for Minority Widows, Divorcees / Abandoned Women” provides self-employment loans, backed by a 20% government subsidy, to widows, divorced women, and abandoned women from minority communities. The Kerala State Minority Development Finance Corporation implements the scheme.
Scheme Overview
State Government
Individual
Scheme Details
Eligibility Requirements
To qualify for Self-Employment loan scheme for Minority Widows, Divorcees / Abandoned Women, applicants must satisfy the following conditions:
The applicant must belong to a minority community…
The applicant must belong to a minority community (Muslim, Christian, Buddhist, Sikh, Parsi, Jain).
The applicant must be a widow, divorced woman,…
The applicant must be a widow, divorced woman, or abandoned woman.
The applicant must be between 20 and 60…
The applicant must be between 20 and 60 years old.
The applicant's family annual income must not exceed…
The applicant's family annual income must not exceed ₹2,50,000/-. Preference/Priority
Mothers of children below 18 years get priority
Mothers of children below 18 years get priority.
Widows from families identified through the extreme poverty…
Widows from families identified through the extreme poverty identification survey get priority.
Benefits Provided
Self-Employment loan scheme for Minority Widows, Divorcees / Abandoned Women provides the following benefits to eligible applicants:
Financial assistance of up to ₹1,00,000/- as a…
Financial assistance of up to ₹1,00,000/- as a government subsidy.
Maximum loan amount of ₹5,00,000/-
Maximum loan amount of ₹5,00,000/-.
Interest rate on the loan amount (excluding subsidy)
Interest rate on the loan amount (excluding subsidy): 6%. Conditions/Criteria Associated with Benefits: A 20% subsidy (capped at ₹1,00,000/-) applies to the loan amount.
For a ₹1,00,000/- loan, the subsidy is ₹20,000/-
For a ₹1,00,000/- loan, the subsidy is ₹20,000/-.
For a ₹2,00,000/- loan, the subsidy is ₹40,000/-
For a ₹2,00,000/- loan, the subsidy is ₹40,000/-.
For a ₹3,00,000/- loan, the subsidy is ₹60,000/-
For a ₹3,00,000/- loan, the subsidy is ₹60,000/-.
For a ₹4,00,000/- loan, the subsidy is ₹80,000
For a ₹4,00,000/- loan, the subsidy is ₹80,000.
For a ₹5,00,000/- loan, the subsidy is ₹1,00,000/-
For a ₹5,00,000/- loan, the subsidy is ₹1,00,000/-. *Photos and bills must be submitted at each stage of disbursement. *Direct inspection is conducted at each disbursement stage. *An additional 6% interest applies for misuse of funds.
Documents Required
Applicants should keep the following documents ready before starting the application:
1. For Initial Application (Copies to be submitted with the application):
An income certificate from the Village/Tahsildar
An income certificate from the Village/Tahsildar.
A caste/age certificate (school certificate copy)
A caste/age certificate (school certificate copy).
A certificate establishing that the applicant is a…
A certificate establishing that the applicant is a widow, divorcee, or abandoned woman. 2. For Interview (Originals to be presented):
Ration card
Ration card.
Aadhaar card
Aadhaar card.
Caste/age certificate (school certificate copy)
Caste/age certificate (school certificate copy).
Income certificate
Income certificate.
Certificate establishing that the applicant is a widow,…
Certificate establishing that the applicant is a widow, divorcee, or abandoned woman.
Permanent residency certificate
Permanent residency certificate.
Copies of the above documents, if not already…
Copies of the above documents, if not already submitted. Documents required after the loan amount is decided during the interview: 1. For Officer Guarantee (if applicable):
Salary certificate for employees working in government, quasi-government/public…
Salary certificate for employees working in government, quasi-government/public sector undertakings/panchayats/municipalities/universities/co-operative banks/aided schools/colleges.
A no-objection certificate from the parent department, for…
A no-objection certificate from the parent department, for employees on deputation.
An employment (salary) certificate, applicable only to those…
An employment (salary) certificate, applicable only to those standing as guarantors. 2. For property guarantee (if applicable):
The property's original deed
The property's original deed.
Adiadharam/Pattayam
Adiadharam/Pattayam.
Property tax receipt for the current financial year
Property tax receipt for the current financial year.
A possession certificate from the village office
A possession certificate from the village office.
A non-attachment certificate from the village office
A non-attachment certificate from the village office.
A property valuation certificate from the village office
A property valuation certificate from the village office.
A map showing the property's location
A map showing the property's location.
A location certificate from the village office
A location certificate from the village office.
A 14-year Kudikkadam certificate from the sub-registrar's office
A 14-year Kudikkadam certificate from the sub-registrar's office.
Any other documents the advocate advises are needed
Any other documents the advocate advises are needed.
The latest Kudikkadam certificate, covering the period after…
The latest Kudikkadam certificate, covering the period after signing the agreement up to the agreement date.
How to Apply
Offline Application
Applicants can apply for Self-Employment loan scheme for Minority Widows, Divorcees / Abandoned Women through the offline application process outlined below.
Go to the official website of the Directorate…
Go to the official website of the Directorate of Minority Affairs, check the "News & Updates" section, choose the "Self-Employment loan scheme for Minority Widows, Divorcees / Abandoned Women" entry, and download the application form. You can also go to the official website of KSMDFC, open the "Application Form" section, and pick the "Application Form for Widows' Loan Subsidy". Print it out, or complete the application form directly.
Enclose copies of the required documents — income…
Enclose copies of the required documents — income certificate, caste/age certificate, and the certificate proving the applicant's status as a widow, divorcee, or abandoned woman — for initial verification.
Deliver or post the completed application form to…
Deliver or post the completed application form to the relevant district Regional Office of the Kerala State Minority Development Finance Corporation. During the interview, carry all the original documents listed under the "Documents Required - For Interview" section. Once the loan is sanctioned, provide the extra documents required under whichever guarantee type is chosen — officer guarantee or property guarantee. Loan sanctioning follows the Corporation's rules along with applicable government regulations
Exclusions / Who Is Not Eligible
- The following types of land are not accepted as collateral: Kuzhikanam, Verumpattom, Devaswam Verumpattom, pledged land, and agricultural fields (if patta is not received).
- Residential land less than 4 cents will not be accepted as collateral.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.