Sahayahastham Scheme Kerala 2021 – CM Interest Free Loans to Women SHGs | Complete Details, Apply

Step by Step Guide to Apply for Sahayahastham Scheme Kerala 2021, Complete Details of CM Interest-Free Loans to Women SHGs

After implementing a row of schemes for women, the Kerala State Government has launched Shahayahastham Scheme in the state. Through this scheme, the Chief Minister will give interest-free loans to the women’s Self Help Groups. The government’s primary objective behind launching this scheme is to help the women who lost their livelihood in the recent pandemic. As many as 22.77 Lakh women have already been benefited under the interest-free loan scheme. 

Please Visit Our Latest Article : (TMM) Tata Mumbai Marathon 2021

The interested applicants can visit the official portal and apply for the Sahayahastham Scheme of the Kerala State.

Sahayahastham Scheme Kerala 2021 

This article explains the step-by-step guide to applying for the Sahayahastham Scheme Kerala, Complete Details of CM Interest-Free Loan Scheme for Women SHG’s.

Overview of the Sahayahastham Scheme

Name of the Scheme Kerala Sahayahastham Scheme 2021
Loan AmountRs. 5,000 to Rs. 20,000
Major BeneficiariesMembers of 1.95 lakh Neighbourhood Groups (NHGs) under the Kudumbashree
Interest Rate9% interest which would be borne by the state government
Total No. of Beneficiaries22.7 Lakh Women
Total Budget AllottedRs. 2000 Crore

Complete Details about Kerala CM Interest-Free Loan Scheme to Women SHG’s

Let us see the complete details and features of the Kerala CM Interest-Free Loan Scheme for Women SHG’s.

  • The Kerala Sahayahastham Scheme’s prime objective is to provide interest-free loans to women in the state.
  • A total budget of Rs. 2000 Crore has been allotted under this scheme.
  • All the list banks will take of granting loans to the Women SHG’s.
  • Kerala State Government will bear 9% of the interest on the loans granted to beneficiaries under this scheme.
  • The loan amount given to the group ranges from Rupees 5000 to Rupees 20000.
  • Repayment of Interest-Free Loans under Sahayahastham Scheme starts six months after its sanctioning and has to be completed in 3 years.
  • As much as 40% of the loans are provided through primary agricultural credit cooperative societies, the rest of the loans are provided through scheduled and private banks.
  • It has also been observed that the loan amount for the previous April month is almost completed.

Please Visit Our Article : Kerala Disability Scholarship 2021 for Students

Apply Online for the Sahayahastham Interest-Free Loan Scheme Kerala

Let us see the online application/registration procedure for the Sahayahastham Interest-Free Loan Scheme of Kerala State.

  • Visit the Official Portal of Kudumbashree.
  • It takes the online user to the Home Page Below.
  • The applicants can find the details of the Women SHG Loan Scheme on the Home Page.
  • Click on the Programs in Menu Bar on the same page.
  • It then displays the list of the schemes in the drop-down.
  • Select and Click on the Kudumbashree Scheme, as shown in the above image.
  • However, there is no online application form available on the official portal.
  • We will keep you update once there is an application form available on the official portal.     
  • Please visit our latest updates on the State and Central Government Schemes.

Kerala Women SHG Interest-Free Loan Scheme Eligibility Criteria

Let us see the eligibility criteria that an applicant should fulfill to get eligible for the Kerala Sahayahastham Scheme 2021.

  • The applicant must be legal and permanent resident of the Kerala state.
  • The candidate must be working in a women self-help group.
  • The applicant candidates must be legally registered in a women self-help group.
  • The applicant must have an active bank account.

Please Visit Our Article : CEO Kerala Voter List 2021

Quick Links 

Women SHG Official Portal

Phone: 91-471-2554714, 15, 16, 17

Email ID: info@kudumbashree.org

Address

Department of Local Self Government

Government of Kerala

Thiruvananthapuram

Kerala, India – 695011

Sahayahastham Scheme Kerala 2021 

What is the prime objective of the Sahayahastham Scheme?

Under this scheme, the Kerala State Government will provide interest-free loans to women self-help groups (SHGs).

What is the total budget that the government has provided to the beneficiaries under the Kerala CM Free Loans to Women SHG’s?

The government has allotted Rs 2000 Crore for the beneficiaries under the Kerala CM Free SHG Loan Scheme.

What is the interest rate for loans under the Sahayahastham Scheme of Kerala State?

The government will provide loans at a 9% interest rate to the beneficiaries, and the state government would bear the amount on behalf of beneficiaries.

What is the minimum and maximum amount of loan that banks will provide under the Sahayahastham Scheme?

The loan amount given to the self-help group ranges from Rupees 5000 to Rupees 20000.