Jeevika Self‑Help Group Financial Assistance & Startup Fund (Bihar)
This profile has been independently compiled from official gazette notifications and verified web domains. Source Authority Link: brlps.bih.nic.in Authority: Finance Department (Bihar) • State/Region: Bihar • Last Audited: 29 Jul 2026
Quick AI Summary
Provides seed capital, revolving funds and subsidised bank‑loan linkages to women‑led self‑help groups in Bihar.
Detailed Summary
Overview
The Jeevika Self‑Help Group (SHG) Financial Assistance & Startup Fund is administered by the Bihar Rural Livelihoods Promotion Society (BRLPS) under the State Rural Livelihood Mission. The scheme channels a revolving fund of ₹15,000 per SHG member and a Community Investment Fund (CIF) of ₹50,000 per SHG to finance micro‑enterprises, agricultural activities, and allied services. Funds are disbursed through partner banks with an interest subvention, enabling low‑cost credit for community enterprises.
Operational Mechanism
Registered Jeevika SHGs submit a project proposal to the local Jeevika Village Organization (VO) or Community Coordinator. Upon approval, the VO facilitates the opening of a bank account for the SHG, links the enterprise to the revolving fund, and monitors repayment. Successful repayment cycles replenish the fund, ensuring sustainability.
Target Audience
The scheme is exclusively for women members of duly registered Jeevika SHGs residing in rural areas of Bihar. Applicants must be part of a functional SHG that has been active for at least six months.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits |
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Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| Gender Eligibility | Female |
| Domicile State | Bihar Domicile |
Application Process Guide
- Obtain the latest Jeevika SHG registration certificate from the local VO.
- Submit a completed application form, project proposal, and required KYC documents to the VO or Community Coordinator.
- VO forwards the application to the district BRLPS office for verification.
- Upon approval, the VO assists in opening a bank account and linking the SHG to the revolving fund.
- Disbursement of funds follows the signed loan agreement.
Common FAQs regarding this Yojana
Each eligible woman SHG member can receive up to ₹15,000 from the revolving fund, while the SHG as a whole may access a Community Investment Fund of ₹50,000.
Yes. The fund may be utilised for any income‑generating activity approved by the VO, including small trade, services, and allied agricultural ventures.
An interest subvention of up to 4% per annum is provided on the bank loan, subject to the terms of the participating bank.