Swarojgar Yojna (Self Employment Scheme)

Financing through Banks for setting up and expansion of income-generating avocations
Maximum Loan Limit Rs. 1,00,000/-
Interest Subsidy Difference between bank rate of interest and Nigam rate of interest
Rate of Interest (only available in case of regular repayment)
  • Loan up to Rs. 30,000/- : 4%
  • Loan above Rs. 30,001/- to 50,000/- : 5%
  • Loan above Rs. 50,001/- to 1,00,000/- : 6%
Source of Finance Through Commercial/Co-operative Banks

Eligibility Criteria

  1. Women entrepreneur or women organisation of Himachal Pradesh
  2. Family income from all sources should not exceed Rs. 1,00,000/- per annum
  3. Age: 18 years and above
  4. Applicant should not be a defaulter of any financial institution/bank

Interest-Free Study Loan

Financial assistance to female wards of poor families for higher studies
Maximum Loan Limit Rs. 75,000/-
Eligible Courses
  • Graduation/Post Graduation in Ayurved/Unani Medical
  • MCA
  • B.V.Sc.
  • B.Arch.
  • B.Ed.
  • JBT
  • Nursing Diploma
  • Three-year Technical Diploma
  • Dai Course
  • MBA
  • Graduation/Post Graduation in Engineering
  • Three-year Diploma in Hotel Management
  • MBBS
Source of Finance Direct by the Nigam
Repayment Period 5 years (Starts after getting a job/business or 1 year after course completion, whichever is earlier)

Eligibility Criteria

  1. Applicant should be a bonafide resident of Himachal Pradesh
  2. Annual family income should not exceed Rs. 1,00,000/-
  3. Applicant should be a regular student of a recognized institution/university
  4. Applicant should not be a defaulter of any financial institution/bank