Hathkargha Bunkar Mudra Yojana is a helpful scheme started by the Ministry of Textiles, Government of India. It supports handloom weavers and others in the handloom sector by providing low-interest loans. This financial help makes it easier for handloom weavers in both rural and urban areas to grow their business and improve their lives. By offering loans at affordable rates, this scheme aims to create more jobs and boost the traditional handloom industry.
About Hathkargha Bunkar Mudra Yojana 2025
The Ministry of Textiles started this scheme to meet the needs of weavers across India. Through banks, the government offers loans up to Rs. 10 lakh to handloom weavers. These loans come with a low interest rate of 6%, making it simple and affordable for weavers to get financial help. When a loan is approved, beneficiaries receive a Mudra Card, which lets them easily withdraw loan money from ATMs. The process is kept simple, and no security or guarantee is needed to apply for this loan.
Main Information About the Scheme
| Scheme Name | Hathkargha Bunkar Mudra Yojana |
| Launched By | Central Government |
| Beneficiaries | All handloom weavers across India |
| Objective | To support small and medium handloom weavers and create jobs |
| Loan Amount | Up to Rs. 10 lakh |
| Year | 2025 |
| Application Method | Online & Offline |
| Official Website | handlooms.nic.in |
Purpose of Hathkargha Bunkar Mudra Yojana
This scheme helps handloom weavers get quick loans with low interest and subsidies to support their traditional work. It aims to improve the economic situation of weavers in both cities and villages. Loans can be used to buy working capital, tools, and equipment. As a result, weavers can earn more and the handloom industry can grow, creating new jobs.
Government Subsidy on Weaver Loans
Under this scheme, loans have a 6% interest rate. The government offers a subsidy of up to 7% to cover a part of this interest. Also, a margin money grant of 20%, capped at Rs. 25,000, is given to borrowers. Loan terms range from 3 to 5 years, with monthly or quarterly payments. This support means beneficiaries only repay the loan amount without any extra interest burden.
Loan Conditions and Rules
If you want to get a loan under this scheme, you must follow these conditions:
- Have a good credit score.
- Make timely loan repayments to continue enjoying loan benefits.
- Loans can be term loans or credit loans.
- Repayment can be monthly or quarterly.
Loan Limits and Types
Loans are given for two purposes: working capital and fixed capital. The limits are:
| Term Loan Limit | Up to Rs. 2 lakh |
| Total Loan (Term + Weaver Loan) | Up to Rs. 5 lakh |
| Working Capital Loan Limit | Rs. 5 lakh to 10 lakh (max Rs. 5 lakh) |
Benefits and Features
- Financial help to meet the needs of handloom weavers.
- Loans up to Rs. 10 lakh easily available.
- Low interest rate of 6% with up to 7% government subsidy on interest.
- Beneficiaries only repay the loan amount; government covers interest.
- Simple online application without making multiple visits to offices.
- Helps improve weavers’ economic condition and create new jobs.
Eligibility Criteria
- Applicant must be an Indian citizen.
- Anyone involved in handloom weaving or helping can apply.
- Self-help groups and joint liability groups are also eligible.
- Applicant’s age must be over 18 years.
- Should not be a defaulter in any bank.
Required Documents
- Aadhar Card
- Residence proof
- Bank account details
- Passport-sized photo
- Mobile number
How to Apply for Hathkargha Bunkar Mudra Yojana
- Visit the official website: handlooms.nic.in to get all details about the scheme.
- Go to your nearest bank branch to get the application form.
- Fill in all required details carefully and read the terms and conditions.
- Attach all necessary documents with the form.
- Submit the completed application to the bank official.
Frequently Asked Questions (FAQs)
Who can apply for Hathkargha Bunkar Mudra Yojana?
Any handloom weaver or support worker involved in weaving activities can apply.
What is the maximum loan amount under this scheme?
Loans up to Rs. 10 lakh are given by the Ministry of Textiles through banks.
What is the official website for this scheme?
The official website is http://handlooms.nic.in/.
Is there any helpline for the scheme?
Yes, you can call 18002089988 if you have any questions or need help with the scheme.