Haryana Women Development Corporation

Objectives:

  • To improve the economic, social and educational condition of women.
  • To provide loans through banks for self-employment to women under different schemes.

Loan Schemes:

  1. The corporation arranges for loans through banks to those women whose annual income is upto Rs.5000/- under different schemes. The loan limit is Rs.75000/-.
    Margin money of 25% of total loan amount is provided by the corporation at a very nominal interest rate of 6% p.a. Along with the total loan a subsidy of 10% of total loan with maximum limit of Rs.5000/- is also provided by this Nigam.
  2. The Nigam arranges for loans through banks to those women whose annual income is in the range of Rs.15000/- to Rs.50,000/-.
    Margin money of 25% of the total loan is provided at a nominal interest rate of 6% p.a. by the Nigam.
  3. Loan upto Rs.3 lakhs is also arranged for Mahila Mandal, Mahila Samiti or registered through banks. In this category a margin money of 25% of total loan is provided by the Nigam at an interest rate of 6% p.a. and a subsidy of 25% of total loan upto a limit of Rs.10,000/- is provided by the corporation.
  4. A revolving fund of Rs.10,000/- is also provided by the corporation directly to the group of women (such as Mahila Samiti, Mahila Mandal to promote their work at an interest rate of 4% p.a.)

Qualification Conditions

  1. These schemes are casteless i'e. available to women of any caste.
  2. The applicant must be permanent resident of district Faridabad.
  3. Age of applicant should be between 18 yrs. to 50 yrs.
  4. The schemes are opened to rural as well as urban areas.
  5. Loan application is available at a   fee of Re 1/- from the office.
  6. Sarpanch and Municipal officer of the city are capable of  issuing the identity card in the loan application form.
  7. Two attested copies of the photo and ration card are to be enclosed with the application form.

Training Schemes
The corporation runs different types of training courses with the help of aid received from the Government.

  1. The corporation runs Computer training course for which the eligibility and conditions are as follows:
    1. Fees of only Rs.200/-p.m.
    2. Duration 3 months to 2 years.
    3. Qualification Matric or equivalent

For Details Contact:
Manager, Haryana Mahila Vikas Nigam
2nd Floor, A-Block,
Mini Secretariat Building,
Sector - 12, Faridabad.
Tel:

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