Mission Shakti Loan Scheme Odisha: Apply Online, Check Eligibility

Odisha Mission Shakti Loan Scheme | Interest-free loan | Apply Online | Benefits | Documents | Check Eligibility

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The Mission Shakti loan scheme Odisha is a shining example of how government initiatives can make a real difference in the lives of marginalized communities. With Chief Minister Naveen Patnaik at the helm, Odisha is paving the way for a brighter and more prosperous future for its women.

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If you want to take advantage of it, let’s read in detail about various aspects about  Scheme.

Mission Shakti Loan Scheme Odisha 2024
Mission Shakti Loan Scheme Odisha 2024

What is Mission Shakti Loan Scheme Odisha ?

At a program held at the Lok Seva Bhavan Convention Center in Bhubaneswar on Tuesday, Chief Minister Naveen Patnaik launched the Mission Shakti loan scheme for 70 lakh self-help group (SHG) women in Odisha with no interest up to Rs 10 lakh, as well as uniform and blazer support for Mission Shakti women and an interest repayment scheme of Rs 145 crore.

Odisha Mission Shakti Loan Scheme: Highlights

SchemeMission Shakti Loan Scheme
StateOdisha
PurposeTo provide interest-free loan for women shakti
BenefitsInterest Free Loan Upto – INR 10 Lakh
BeneficiarySHGs Women
Application ProcessOnline
Official WebsiteClick

The Swatantra Yuba Udyami initiative, aimed at providing interest-free bank loans of up to one lakh to young men and women aged 18 and above, aims to include 1 lakh eligible adolescents from both urban and rural areas.

Purpose of Odisha Mission Shakti Loan Scheme

Speaking on the event, the Chief Minister stated, “Mission Shakti is my favourite programme. My government is constantly working to improve the dignity and welfare of women.” He stated that the government has granted Mission Shakti Maa with Rs 8,000 crore in business assistance as part of a unique livelihood project. Women are now partners in several Odisha government programs, including the founding of Nua Odisha. Today, Mission Shakti Ma’s wonderful work has spread across the country and even abroad. He expressed his delight that women from self-help groups are traveling on exposure trips to Dubai and Singapore, and predicted that more and more women would travel abroad in the future.

Benefits

  • Chief Minister Naveen Patnaik launched the scheme for 70 lakh self-help group (SHG) women in Odisha.
  • The scheme offers loans with no interest up to Rs 10 lakh.
  • Additionally, uniform and blazer support was announced for Mission Shakti women.
  • An interest repayment scheme of Rs 145 crore was introduced.
  • Chief Minister Naveen Patnaik announces exposure tours to Singapore and Dubai for Odisha’s self-help group women, marking a milestone in women’s empowerment efforts.
  • Provision of uniforms and blazers to 1.5 lakh and 70 lakh SHG members respectively, costing Rs 730 crore, signifies government support for their professional endeavors.
  • Direct interest subvention of Rs 145 crore to over 2.75 lakh SHGs aids in business expansion and financial stability.
  • Odisha’s success stories under Mission Shakti highlight women’s transition to SME groups and corporate connections.
  • Rs 925 crore interest subvention over five years showcases government commitment to women’s economic empowerment.
  • Upcoming 5,000 Mission Shakti Bazaars offer a platform for women to showcase products and expand networking opportunities.
Mission Shakti Loan Scheme Odisha Benefits

Required  Eligibility for Apply

  • Applicants must be permanent residents of Odisha to be eligible for this program.
  • Additionally, only women are eligible to participate,
  • And they must join self-help groups as part of the program requirements.

Required Documents

  • Aadhar card
  • Income certificate
  • Domicile certificate
  • Mobile number
  • Bank Account
  • Financial Statement(Last One year)
  • Cash Book (Last Six month)
  • Passport Size Photograph
  • Group photo
  • Activity Plan Sheet
  • Other Document(NOC from bank etc.)

Odisha’s cabinet government has approved 26 measures, including the Odisha Ration Card Rs1000 Scheme. This initiative is for the benefit of the people. This initiative will distribute one thousand rupees to 95.90 lakh PDS beneficiaries (families with 3,35,98,401 people). This will cost ₹959.05 crore to implement.

Mission Shakti Loan Scheme Odisha Apply Online

Apply Here
  • Click Menu button on home page,
  • Where you will see the option of Apply Loan, click on it,
  • After this, Get SHG Details form will appear on the NEW page, fill the information and click on SEARCH button below.
Form
  • Now below you will see the information of the nearest shg, in which a side apply loan button will be visible, click on it.
  • After this, the form for interest-free loan will open on a new page.
Application form
  • Fill the information asked carefully,
  • Now click on the submit button below,
  • In this way you can apply successfully.
Credit: Kanak News

The Government of Odisha recently launched the Bhulekh Odisha Portal to facilitate citizens in reviewing their land records across the state. The primary objective behind this online service is to eliminate the necessity for citizens to physically visit governmental authorities and complete applications to access their land information.

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Odisha MSLS: FAQs

Q1. What about Mission Shakti Loan Scheme Odisha ?

At a ceremony in Bhubaneswar, Odisha’s Chief Minister launched the Mission Shakti credit project. This plan offers interest-free loans of up to Rs. 10 lakh to women in Odisha’s 70 lakh self-help groups (SHGs).

Q2.  What will be the benefit from Scheme Odisha ?

Under this yojana, interest-free bank loans up to Rs. 10 lakh would be available for women shakti.

Q3. How to Mission Shakti Loan Scheme Odisha Apply Online ?

The complete process of Online Registration is explained in detail above in simple words.

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