Benefit Amount
Loan up to Rs.10 lakh at 6%Loan
✓ Government Verified✓ Direct Bank Transfer
ℹAbout Weaver MUDRA Loan Scheme
Concessional loans up to Rs.10 lakh for handloom weavers at 6% interest. Margin money assistance and credit guarantee by government.
Ministry
Ministry of Textiles
✓Who Is Eligible?
The Weaver MUDRA Loan Scheme is designed specifically for handloom weavers across India who want to expand their business or improve their weaving operations. To be eligible for this scheme, you must be an active handloom weaver engaged in hand weaving as your primary occupation. The scheme is available to weavers from all states in India, making it a pan-India initiative by the Ministry of Textiles. There is no specific age restriction mentioned, but applicants should have a valid bank account and proper identification documents. The loan amount goes up to Rs.10 lakh, making it accessible for both small-scale individual weavers and cooperative societies. The scheme offers concessional terms with a 6% interest rate and provides margin money assistance along with government-backed credit guarantee, reducing your financial burden. For detailed and specific eligibility requirements such as minimum weaving experience, income criteria, or any other conditions, please visit the official National Handlooms portal at handlooms.nic.in or contact your local handloom development office. They can provide complete information tailored to your specific situation.
Quick eligibility check:
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Gender: Male, Female, Other✓
Category: General, OBC, SC, ST📝How to Apply for Weaver MUDRA Loan Scheme
Step 1: Visit the official National Handlooms portal at handlooms.nic.in to access the Weaver MUDRA Loan Scheme application portal. Step 2: Read through all the scheme details and eligibility criteria carefully to ensure you qualify as a handloom weaver. Step 3: Gather all necessary documents including proof of identity, address, banking details, and weaving-related certificates or licenses that establish your profession. Step 4: Fill out the online application form available on the portal with accurate personal and professional information. Step 5: Submit your completed application along with all required documents through the online portal. Step 6: Your application will be reviewed by the designated authorities, and you will receive updates regarding approval status via email or SMS. Step 7: Once approved, you can receive the loan amount of up to Rs.10 lakh directly into your bank account at the concessional interest rate of 6% per annum. If you face any difficulties during the application process, contact the customer support team through the official website or visit your nearest handloom office for assistance.
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