3 days ago
Delhi Lakshmi Yojana RD Lock-In Set Through July 2029
The Delhi Lakshmi Yojana gives eligible women Rs 2,500 every month.
The money can be divided between a savings deposit and a digital wallet.
Alternatively, the full amount can go into a recurring-deposit account.
The deposit is currently locked until July 31, 2029.
The Council of Ministers can review or change this date after two years.
Women without Aadhaar can still apply using an enrolment slip and another approved document.
The scheme is meant to help up to 17 lakh women in Delhi.
Some families cannot receive the benefit, such as those above the income limit or those with certain government or tax connections.
The Delhi Lakshmi Yojana’s recurring deposit maturity date is set for July 31, 2029.
Eligible women will receive Rs 2,500 monthly, through either split payments or a full recurring-deposit credit.
The scheme targets up to 17 lakh beneficiaries, with first monthly disbursements scheduled from September 1.
Applicants without Aadhaar can use an enrolment slip and an alternative identity document to register.
The scheme excludes certain households, including income-tax payers, government employees and families exceeding eligibility limits.
- Who
- Eligible women aged 21 to 60 who meet the scheme’s residence, voter-registration, income and household criteria.
- What
- The Delhi Lakshmi Yojana will provide Rs 2,500 per month, with recurring-deposit funds locked until July 31, 2029 unless the date is changed after review.
- Where
- Delhi.
- When
- The scheme was formally launched on August 26, and first monthly disbursements were scheduled for September 1; the current maturity date is July 31, 2029.
- Why
- To provide monthly financial assistance to eligible women, with the scheme aiming to support up to 17 lakh beneficiaries.
Key facts
- Monthly benefit
- Rs 2,500 per eligible woman.
- Payment options
- Rs 1,500 may go to a recurring deposit and Rs 1,000 to a Central Bank Digital Currency wallet, or the full Rs 2,500 may go to a recurring deposit.
- Current maturity date
- July 31, 2029.
- Target beneficiaries
- Up to 17 lakh women across Delhi.
- Income limit
- The family’s annual income must not exceed Rs 2.5 lakh.
- Age requirement
- Applicants must be women aged 21 to 60 and the eldest female member of the family.
- Aadhaar alternatives
- Applicants may use an Aadhaar enrolment slip, where available, with a PAN card, ration card, voter identity card, passport or driving licence.
Quotes
Delhi Lakshmi Yojana scheme document
Official document describing the scheme’s recurring-deposit provisions
“The Council of Ministers will have the power to review and change the maturity period of recurring deposits under the Delhi Lakshmi Yojana after two years of its launch.”
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