Himachal Pradesh Sashakt Mahila Rin Yojana is a government scheme started to help women in the state improve their financial situation. Launched by Chief Minister Sukhvinder Singh Sukhu on 20 July 2024, this scheme offers women easy loans to start their own businesses without needing to mortgage any property.
Himachal Pradesh Sashakt Mahila Rin Yojana 2025 Details
This scheme encourages women in Himachal Pradesh to become independent by supporting their business projects with loans from the Himachal Pradesh State Cooperative Bank (HPSCB). Women can use these loans to start working, support their daily needs, and improve their families’ lives. The best part is that the loan is collateral-free, so women don’t have to pledge any property or asset as security.
Under this scheme, loan amounts from Rs 21,000 to Rs 1,01,000 are directly sent to the beneficiary’s bank account. Women can apply online or offline to take this chance to become financially independent.
Why Choose Himachal Pradesh Sashakt Mahila Rin Yojana?
- Helps women start small businesses without needing collateral.
- Interest rate is low at 8.51%, making repayments easier.
- Loan is approved and transferred directly to the woman’s bank account.
- Open to all women residents of Himachal Pradesh, regardless of their religion or caste.
- Simple and clear application process, both online and offline.
Main Features and Benefits
- Started by Chief Minister Sukhvinder Singh Sukhu to support women empowerment.
- Loans of Rs 21,000, Rs 51,000, and Rs 1,01,000 available through HPSCB.
- No margin money or collateral required to apply.
- Women gain financial independence and help boost the state’s growth.
- Bank interest rate of just 8.51% for the loan.
- Loan amount is sent directly to the beneficiary’s bank account for convenience and clarity.
- Encourages more women to start businesses and become self-sufficient.
Eligibility Criteria
- Applicant must be a permanent resident of Himachal Pradesh.
- Only women applicants from Himachal Pradesh are eligible.
- Applicant must have a bank account in any Himachal Pradesh State Cooperative Bank branch.
- Bank account should be linked with the applicant’s Aadhaar card.
Documents Required
- Aadhaar Card
- Residence Certificate
- Income Certificate
- Ration Card
- Bank Account Details
- Mobile Number
- Passport Size Photograph
How To Apply Online for Himachal Pradesh Sashakt Mahila Rin Yojana
- Go to the official HPSCB website at https://www.hpscb.com/.
- On the homepage, click on the ‘Loans’ option.
- From the list of loan schemes, choose ‘Sashakt Mahila Rin Yojana’.
- Fill in the application form with your name, address, district, tehsil, mobile number, and bank account details.
- Upload the required documents mentioned above.
- Submit the form.
- After verification, the loan amount will be credited to your bank account.
How To Apply Offline
- Visit the nearest branch of Himachal Pradesh State Cooperative Bank.
- Ask for the application form for Sashakt Mahila Rin Yojana.
- Fill in the form with the required details.
- Attach all needed documents.
- Submit the form at the same branch.
- Once processed, the loan amount will be directly transferred to your bank account.
Frequently Asked Questions (FAQs)
Q: How much loan amount is offered under this scheme?
A: The scheme offers loans from Rs 21,000 up to Rs 1,01,000.
Q: What is the interest rate on the loan?
A: The interest rate is 8.51%, which is lower than many other loan options.
Q: Can I apply both online and offline?
A: Yes, you can apply online through the official website or offline by visiting an HPSCB branch.
This scheme is a great chance for women in Himachal Pradesh to become financially independent and support themselves by starting their own businesses. If you are a woman looking to build your own business or improve your livelihood, think about applying for the Himachal Pradesh Sashakt Mahila Rin Yojana today.