How to Apply for New Swarnima Scheme for Women — ₹2 Lakh Loan at 5% Interest

Every application travels through the State Channelising Agency (SCA) for that state, which is the nodal body for the scheme.

• Initial scrutiny — the SCA checks that the applicant satisfies the scheme's conditions, including backward class status, age and family income.
• Project appraisal — the proposed self-employment activity is examined for feasibility and viability, along with the applicant's ability to run and manage the enterprise successfully.
• Document check — all supporting papers submitted with the form are verified.
• Committee review — a dedicated committee at the SCA level evaluates each application against the scheme's objectives.
• Sanction and disbursement — where the assessment is favourable, the loan is sanctioned and released once the required formalities are completed.