Swayam Yojana Odisha: The Swayam Scheme Odisha 2024, which aims to give interest-free loans to young people and financial support to ration cardholders, was recently unveiled by Odisha Chief Minister Naveen Patnaik. You can apply for the Swayam Yojana Odisha 2024 by visiting the official website and submitting the application if you’re an Odisha resident.
About Swayam Yojana Odisha 2024
For the youth and holders of ration cards in the state, Swayam Yojana Odisha 2024 has been launched. A living support of Rs. one thousand will be given to 95.90 lakh PDS recipient families under this initiative. Furthermore, interest-free loans up to Rs. 1 lakh would be made available to 1 lakh qualified youngsters from both rural and urban areas, who are between the ages of 18 and 35, to help them launch their own enterprises. The program, which has an overall budget of Rs. 1,237.74 crore, is intended to help the people of Odisha.
The government has ordered that those interested in the Swayam Scheme Odisha 2024 begin the application process. The Swayam Scheme Odisha 2024 is one of 26 suggestions that State Food Supply and Consumer Welfare Minister Atanu Sabyasachi Nayak approved during the cabinet meeting. All citizens can apply for the form, which gives ration cardholders financial help of Rs. 1,000 and allows young people to apply for interest-free loans up to Rs. 1 lakh.
Swayam Yojana Odisha 2024 Overview
Yojana Name | Swayam Yojana Odisha |
Launched By | Odisha CM Nabin Patnaik |
Launch Year | 2024 |
category | Odisha Scheme |
Apply Mode | Online/Offline |
Beneficiaries | Odisha State Ration Card Holder Youth |
Official website | www.Swayam.odisha.gov.in |
Join for the latest Updates | Click here |
Benefits of Swayam Yojana Odisha 2024
The advantages of the Odisha Swayam Yojana are as follows:
- Those who are unemployed or underemployed in their youth between the ages of 18 and 35 may apply for this program.
- This yojana would offer interest-free bank loans up to Rs. 1 lakh for the purpose of starting a business.
- For this, the state government would allocate Rs 448 crore from its budget.
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Eligibility Criteria for Swayam Yojana Odisha 2024
If you would like to apply for this Odisha Swayam Scheme, make sure you have read the eligibility requirements thoroughly before doing so.
- The age range for the applicant must be 18 to 35.
- This is a yojana that is open to both men and women.
- For disabled groups and Scheduled Tribes, the age limit has been raised to forty years.
- The applicant’s household must either qualify for coverage under the Kalia or BSKY plans or earn less than 2 lakhs annually.
- If the applicant has ever defaulted on a bank loan or other financial obligation, or if they have previously received funds from any Central or State Government program, they will not be eligible for the benefits of this scheme.
- This loan is not available to employees of constitutional bodies or their families, nor are they workers of the federal, state, or local governments.
- If one family member receives this benefit, the other member will not.
Swayam Yojana Processing Fee
- Borrowers are not charged a processing fee, and no collateral is needed. The applicant has four years to repay the principal loan.
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Documents for Swayam Yojana Odisha 2024
- Aadhar card
- ration Card
- PAN Card
- Latest Photo
- Email ID
- Bank Passbook
- Mobile NO.
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How to apply Swayam Yojana Odisha 2024
The Swayam Scheme official website has been launched by the Odisha government. But before applying for this loan, read the entire guidelines carefully on the official website/Notification. The overall application procedure for the Swayam Scheme is outlined below.
- Start by visiting Swayam Yojana’s official website.
- The main screen of the Official Website will be shown here.
- Click the “register here to apply” option on the homepage.
- An application form on a new page will appear.
- Fill out the application form with your name, address, date of birth, age, and father’s name, among other facts.
- Input the necessary documents for uploading.
- Take a close look at the information supplied.
- Click the “Register” option now.
- Once your registration has been approved, you can now apply for the program.
Ration cardholders and young people in Odisha can finish the Swayam Scheme Odisha Apply Online 2024 process by following these steps.
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FAQs: Swayam Yojana Odisha 2024
How can I apply for the Swayam Yojana online?
A. If you are an Odisha state resident, you can now visit the official website and apply right away.
What Advantages Does Odisha’s Swayam Scheme Offer?
A. Under this Scheme, young people who wish to start their own businesses can access interest-free loans up to Rs. 1 lakh.
What are the Swayam Scheme Eligibility Requirements?
A. Youth without jobs between the ages of 18 and 35 can apply for interest-free bank loans from the Odisha state government up to Rs 1 lakh.
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