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Banking,Financial Services and Insurance; Business & Entrepreneurship; Social welfare & Empowerment; Women and Child

New Swarnima Scheme For Women

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.

Authority

Central

Region

Central Government

Status

Verified 2026

Updated

March 2026

What you get

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

Who can apply

The applicant must be a Female.; The applicant's age must be between 18 and 55 years.; The applicant must be an Entrepreneur; The Total Annual Family Income of the Applicant must be Less than ₹ 3 Lakh per Annum.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

What is the maximum size of the loan under the Swarnima Scheme?

Under this scheme, the eligible woman entrepreneur can obtain a term loan of max. [?]1,00,000/- @ 5% per annum.

What is the minimum amount that I am required to invest on my own if the project cost is under Rs.2 LPA?

The beneficiary women is not required to invest any amount of her own on the projects upto cost of Rs.2,00,000/-.

How much will be the interest rate for the loan?

The rate of interest would be as follows - | NBCFDC to SCA: 2% per annum | SCA to Beneficiary: 5% per annum

By when am I expected to repay the loan?

Loan is to be repaid in quarterly instalments with maximum 8 years (including the moratorium period of six months on the recovery of principal).

I seek to know more about the Pattern of Financing?

The loan will be provided up to 95% and balance 5% provided by the State Channelizing Agencies (SCAs) or Beneficiary contribution. The utilization period is 4 months from the date of disbursement of the loan.

Can women entrepreneurs from GENERAL category also apply to this scheme?

Yes, the scheme is open to women entrepreneurs from all the categories.

I am a 21 years old female entrepreneur. I wish to know if there is an age-criteria to be eligible to apply to this scheme?

Yes, the applicant should be atleast 18 years in age in order to be eligible to apply to this scheme. You are therefore eligible to apply.

Can a male entrepreneur from OBC category also apply to this scheme?

No, as per the latest guidelines, this scheme is not meant for male entrepreneurs.

Should the project / venture need to be from a specific sector in order to be eligible for the Swarnima scheme?

NBCFDC supports the economically weaker section in developing self-employment ventures only under the following sectors: | Agriculture and Allied Activities. | Small Business. | Artisan and Traditional Occupation. | Technical and Professional Trades/Courses. | Transport and Service Sector.

Is there a helpline number where I can get answers for my queries reg. the application process?

Yes, the Toll Free Number is 18001023399.

What are SCAs?

NBCFDC grants financial assistance through State Channelising Agencies (SCAs). Also, they provide funding through SCAs/ Self Help Groups (SHGs). The SCAs or Banks will release up to 50% of total funding to women with annual income up to Rs.1.50 Lakh.

How do I know if a field in the application form is mandatory?

The mandatory fields have a red asterisk (*) mark at the end.