Karnataka Shramashakthi Special Women Scheme

Scheme Introduction: A Brief Overview

• In the year 2023, the Karnataka Government has started a new scheme called "Karnataka Shramashakthi Special Women Scheme".
• With the scheme, the government is trying to empower women by providing loans which also comprises subsidies.
• The main objective behind starting Shramashakthi Special Women Scheme is to empower the Women of Karnataka economically to undertake self economic activities.
• Karnataka Minorities Development Corporation Limited of Government of Karnataka is the implementing agency of this scheme.
• This scheme is also known by some other names like "Karnataka Shram Shakthi Special Women Scheme" or "Karnataka Shramashakthi Women Loan Scheme".
• Government of Karnataka will provide a Collateral Free Loan of Rs. 50,000/- to all eligible women under Shramashakthi Special Women Scheme.
• Women Beneficiaries can utilize this loan amount to start various self employment generation activities such as :-
  • Starting a New Business.
  • Service Sector.
  • Small Scale Business.
  • Agro Based Activity.
  • Any Self Employment Generation Activity.
• Under the scheme, the Karnataka Government also provides subsidies particularly on this loan.
• Along with this, the government also starts Shrama Shakthi Loan Scheme for the hard working women of Karnataka.
• Loan of Rs 50,000/- received under the Shramashakthi Special Women Scheme also constitutes subsidy of Rs 25,000/-.
• The subsidy offered under the scheme will be borne by the state government.
• It means, the Women Beneficiary will only have to return the half amount of this loan i.e. Rs. 25,000/-.
• The remaining half of Rs. 25,000/- will be paid by the Karnataka Government as a Subsidy under Shramashakthi Special Women Scheme.
• Loan provided under the Shram Shakthi Special Women Scheme is collateral free, meaning beneficiaries are not required to submit any security to secure the loan.
• Shramashakthi Special Women Scheme is for the women's of Minority Community.
• Women including Unmarried, Divorcee, and Widows in the Age Group of 18 to 55 Years are eligible to receive loans offered under the Shramashakthi Special Women Scheme.
• If the annual family income of Women Beneficiary is more than Rs. 3,50,000/- then she is not eligible to get loan under Shramashakthi Special Women Scheme of Karnataka Government.
• Additionally, beneficiary or her family members should not avail the benefits of other schemes of KMDCL in the last 5 years except Arivu Education Loan Scheme.
• Applications for Shramashakthi Special Women Scheme are invited online.
• Online Application Form of Shramashakthi Special Women Scheme is available on KMDCL Online Application Management Portal.
• Beneficiaries must submit their Shramashakthi Special Women Scheme application before its deadline.

Scheme Benefits

• Government of Karnataka will provide the following benefits to Women Beneficiary under Shramashakthi Special Women Scheme :-
  • Beneficiaries can avail loan of Rs. 50,000/-.
  • Government provides subsidy of Rs 25,000/- in the loan.
  • Women only need to repay Rs. 25,000/- to the lender.
  • Loan provided under the scheme is collateral free.

Eligibility Requirements

• Beneficiary Women should be Permanent Resident of Karnataka.
• The Age of Women Beneficiary should be between 18 Years to 55 Years.
• Women Beneficiary should be :-
  • Divorcee.
  • Widow.
  • Unmarried.
• The Annual Family Income of Women should be less than Rs. 3,50,000/-.
• Women Beneficiary should not have availed the benefit of any other KMDCL Scheme.
• Any member of Women household should not be Central or State Employee.
• Beneficiary Women should belongs to any one of the Minority Community :-
  • Muslims.
  • Parsis.
  • Jains.
  • Christians.
  • Sikhs.
  • Buddhism.

Required Documents

• The following documents are to be provided at the time of applying for Shramashakthi Special Women Scheme of Karnataka Government :-
  • Residence Proof of Karnataka.
  • Project Report.
  • Minority Certificate.
  • Income Certificate.
  • Aadhaar Card.
  • Bank Account Details.
  • Passport Size Photo.
  • Caste Certificate.
  • Age Proof.
  • Mobile Number.
  • Self Declaration Form.
  • Self Declaration form from Surety.

Steps to Apply

• Women Beneficiaries belonging to Minority Community can apply for loan and subsidy under Shramashakthi Special Women Scheme by filling Online Application Form.
• Online Application Form of Shramashakthi Special Women Scheme is available on KMDCL Online Application Management Portal.
• Aadhar Card and Mobile Number is mandatorily needed at the time of apply.
• Enter the Mobile Number and Click on Submit Button.
• Submitted Mobile Number will be verified through OTP.
• Enter the Aadhaar number and completes the OTP verification process.
• Next, Select Shramashakthi Special Women Scheme from the scheme list.
• Click on Apply Online and Fill the below mentioned details in Shramashakthi Special Women Scheme Online Application Form :-
  • Women Beneficiary Details.
  • Project Report Details.
  • Details of Bank Account.
  • Upload the Documents.
  • Preview the Form.
• Check the Application Form thoroughly and then Click on Submit to Submit the Application Form of Shramashakthi Special Women Scheme.
• Application Form along with all the Documents will be verified by the selection panel.
• The Selection Panel will make the final list of Eligible Women beneficiaries selected for loan subsidy under Shramashakthi Special Women Scheme of Karnataka Government.
• List of Selected Beneficiary will forwarded then to bank/ financial institution for sanctioning of loan.
• Applicants can also check the Application Status of Karnataka Shramashakthi Special Women Scheme Online.
• KMDCL Online Application Management Portal is open for Shramashakthi Special Women Scheme.
• Eligible Women Beneficiaries can apply for loan subsidy under Shramashakthi Special Women Scheme before its last date.

Important Forms

• Shramashakthi Special Women Scheme Self Declaration Form.
• Shramashakthi Special Women Scheme Self Declaration form from Surety.

Relevant Links

• Shramashakthi Special Women Scheme Online Application Form.
• Shramashakthi Special Women Scheme Registration.
• Shramashakthi Special Women Scheme Application Status.
• Karnataka Minorities Development Corporation Limited Portal.
• Shramashakthi Special Women Scheme Guidelines.
• Karnataka Minorities Development Corporation Limited App.
• Karnataka Minorities Development Corporation Limited District Office Contact Numbers.

Contact Information

• Karnataka Minorities Development Corporation Limited WhatsApp Helpline Number :- 08277799990.
• Karnataka Minorities Development Corporation Limited Helpline Number :- 080-22860999.
• Karnataka Minorities Development Corporation Limited Help Desk Email :-
  • info.kmdc@karnataka.gov.in.
  • kmdc.ho.info@karnataka.gov.in.
• Karnataka Minorities Department Corporation Limited,
  No. 39-821, Subedhar Chatra Road,
  Sheshadripuram, Bengaluru,
  Karnataka - 5660001.