Livelihood Loan
Financial support through Deendayal Antyodaya Yojana-National Rural Livelihood Mission (DAY-NRLM) for Self Help Groups and rural families.
🏛️ Scheme Details:
Deendayal Antyodaya Yojana-National Rural Livelihood Mission (DAY-NRLM)
Central sponsored programme under Ministry of Rural Development, Government of India
📋 Eligibility for SHGs:
- ✅ Must be active for at least 6 months (based on group records)
- 🔄 Should follow Panchasutras: regular meetings, savings, lending, repayments, record-keeping
- ⭐ Must meet NABARD grading standards
- 🔄 Inactive SHGs can qualify if revived and active for 3 months
💰 Loan Benefits:
For 250 Backward Districts
- 💰 Loans up to ₹3 lakh at 7% interest
- 📉 On timely repayment: Additional 3% cut (Pay only 4%)
- 👩 Special focus on women SHGs
For Other Areas
- 🏦 Regular loans as per bank terms
- 🎯 State government support for 7% interest rate
- 📈 Interest difference covered by state
� Security Features:
- 💳 SHGs can get loans up to ₹10 lakh without security/margin money
- 📋 Banks follow RBI and NABARD guidelines
- 👥 Group guarantee mechanism
- 📊 Credit discipline through group monitoring
Target: Women SHGs in rural areas, focus on backward districts with special interest rates
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