Concessional Credit/Weaver MUDRA Scheme

Benefits

• Margin Money Assistance – (i) Individual Handloom
  Weaver/Weaver Entrepreneur – Margin Money assistance @20%
  of loan amount, subject to maximum of Rs.25,000/-. (ii) Handloom
  organization – Margin money assistance @20% of loan amount,
  subject to maximum of Rs.20.00 lakh (margin money @Rs.2.00
  lakh for every 100 weaver/worker). Additional margin money
  requirement, if any as per banking norms will be borne by the
  beneficiary Agency.
• Interest Subvention and Credit Guarantee.

Subsidy

To whom?

Eligibility

• Individual Handloom Weavers /
  Weaver Entrepreneurs, SHGs,
  Joint Liability Groups, Handloom
  organizations, including Primary
  Handloom Weavers’ Cooperative Societies, Apex
  Handloom Weavers’ Cooperative Societies, State
  Handloom Corporations, SPVs
  and Handloom Producer
  Companies.

How to apply

http://handlooms.nic.in/assets/img/Handloom%20Schemes/final%20book%208%20Nov%2021.pdf

Documents to be submitted