Archive · 24 Sep 2025
HP Mahila Vikas Nigam Increases Loan Limits for Women
The Himachal Pradesh Mahila Vikas Nigam, a group that helps women, has decided to increase the amount of money women can borrow for education and jobs.
They increased the education loan limit from 75,000 rupees to 300,000 rupees, and the employment loan from 100,000 rupees to 300,000 rupees.
These loans have low interest rates, 4% for education and 6% for jobs.
This is to help more women, especially those with lower family incomes.
The Nigam has already helped thousands of women with loans since it was created in 1989.
The Himachal Pradesh Mahila Vikas Nigam approved increased loan limits.
Education loan ceiling increased from Rs 75,000 to Rs 3,00,000.
Employment loan ceiling increased from Rs 1,00,000 to Rs 3,00,000.
The Social Justice and Empowerment Minister chaired the meeting.
Women with family income less than Rs 1,00,000 per annum are eligible.
- Who
- Himachal Pradesh Mahila Vikas Nigam
- What
- Approved increasing loan limits for women's education and employment.
- When
- Tuesday, the date of the meeting
- Where
- Himachal Pradesh
- Why
- To attract more women to avail of the schemes and cater to financially backward women.
- Organization
- Himachal Pradesh Mahila Vikas Nigam
- Education Loan Increase
- From Rs 75,000 to Rs 3,00,000
- Employment Loan Increase
- From Rs 1,00,000 to Rs 3,00,000
- Eligibility
- Women with family income under Rs 1,00,000 annually
- Education Loan Interest Rate
- 4%
- Employment Loan Interest Rate
- 6%
- Loans Provided Since Inception
- Over Rs 69.36 crore
- Women Benefitted (Since Inception)
- 13,551