₹10 Lakh Interest Free Loan, Mission Shakti Loan Scheme Odisha 2024

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Mission Shakti Loan Scheme:- Chief Minister of Odisha Shri Navin patnayak introduced the mission Shakti loan Scheme for women of the state. This scheme provides interest free loans of up to ₹10 lakhs to the women of the self help groups in the state.The programme will also provide uniform and pleasure support to the beneficiary of the mission Shakti scheme.

Mission Shakti Loan Scheme Odisha 2024
Mission Shakti Loan Scheme Odisha 2024 for Women

Mission Shakti Loan Scheme Odisha 2024

Chief Minister Naveen Patnaik launched the Mission Shakti loan scheme initiative. Under this scheme those applicant women who qualify for this scheme will receive interest-free loans of up to Rs 10 lakhs. The scheme is intended to support 70 lakh women in Odisha’s self-help groups (SHGs).

Mission Shakti Loan Scheme Details in Highlights

SchemeMission Shakti Loan Scheme Odisha
Launched byOdisha State Government
Launched on27th of February 2024
ObjectiveTo provide interest-free loan
BenefitsInterest-free loans up to Rs 10 lakh for SHGs in Odisha
BeneficiariesSHGs women
Official Websitehttps://missionshakti.odisha.gov.in/

Mission Shakti Loan Scheme Odisha Objective

  • Chief minister of Odisha launched Mission Shakti Loan Scheme Odisha 2024 to help the women of the state who are financially unstable and have joined self-help groups start their businesses and become dependent.
  • The prime motive for launching the scheme is to provide empowerment to the women and make them feel confident financially and socially.
  • The government has also announced the Mission Shakti bazar to promote market goods made by these women.

Swayam Yojana Odisha interest free loan will be provided up to a sum of ₹ 1 lakh

Benefits of Shakti Loan Scheme Odisha

  • Those woman applying for the scheme will get Interest Free Loans up to Rs 10 lakh.
  • Women who are not financially good will get financial support from the government to start dear startups or businesses.
  • In addition to providing loan government will also provide entrepreneurship training.
  • Women of the state who are unstable financially will become self dependent and will find the right place in the society.
  • State government also declared that the state would host about 5,000 Mission Shakti Bazaars.
  • The Scheme will make the woman of the state self dependent and financially more confident and secure, which will help in bringing more prosperity in the state.

Documents Required

Following are the documents required for the scheme:

  • Applicants Aadhar Card
  • PAN Card
  • Mobile number
  • Email ID

Eligibility Criteria for Mission Shakti Loan Scheme

  • Applicants should be permanent residents of Odisha.
  • Those applying should not have income exceeding Rs. 1 lakh or the limit set by the Odisha Government
  • Women above 19 years of age are only eligible for the scheme.
  • Applying candidate should have joined SHG or belonging to the marginalized (BPL) or poor families.

Application Process of Mission Shakti Loan Scheme Odisha

Follow the steps below to apply for the Mission Shakti Loan Scheme.

  • Visit the official website of the scheme.
  • On the home page click on apply option.
  • Upon clicking a new page will be open on the screen.
  • You should enter all the required details in the form.
  • Upload the necessary documents which has been asked.
  • After filling all the details and rechecking it click on the submit button to submit your application for the scheme.
  • You can save the form in PDF format for later use.
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Mission Shakti Loan Scheme started in which state?

Mission Shakti loan scheme is started in Odisha and it will provide up to Rs. 10 lakhs interest free loan to women working in self help groups.

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