Deendayal Antyodaya Yojana – NRLM & NULM Finance
This profile has been independently compiled from official gazette notifications and verified web domains. Source Authority Link: nrlm.gov.in Authority: Ministry of Finance • State/Region: Central Scheme (All India) • Last Audited: 30 Jul 2026
Quick AI Summary
Provides revolving fund, community investment fund, and interest subvention on bank loans to women Self‑Help Groups (SHGs) under NRLM (rural) and NULM (urban).
Detailed Summary
Objective
The Deendayal Antyodaya Yojana (DAY) integrates the National Rural Livelihood Mission (NRLM) and the National Urban Livelihood Mission (NULM) to alleviate poverty by organising poor households into Self‑Help Groups (SHGs) and facilitating sustainable credit linkages.
Mechanism
SHGs that are formally registered and bank‑linked receive a revolving fund ranging from Rs. 10,000 to Rs. 20,000 per group. The fund is replenished through timely loan repayments, enabling continuous access to finance. An interest subvention scheme reduces the effective interest rate on bank loans to 7 % and further to 4 % for groups that repay within the stipulated period. A Community Investment Fund (CIF) is also available to support income‑generating activities.
Target Beneficiaries
The scheme targets rural and urban poor women, including marginalised castes and minorities, who are members of registered SHGs comprising a minimum of ten households.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
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Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
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| Gender Eligibility | Female |
| Maximum Family Income | ₹120,000 per annum or below |
| Occupation Status | Farmer, Self-Employed, Unemployed, Homemaker |
| Domicile State | All India (Central Scheme) |
Application Process Guide
- Obtain the SHG registration certificate and bank linkage letter.
- Submit the application form to the Block Development Office (rural) or Urban Local Body (urban).
- The respective Livelihood Mission officer verifies documentation and forwards it to the designated bank.
- Upon approval, the revolving fund is credited to the SHG’s bank account.
Common FAQs regarding this Yojana
An SHG may receive a revolving fund ranging from Rs. 10,000 to Rs. 20,000, subject to the bank’s assessment and the SHG’s repayment capacity.
The standard interest subvention reduces the loan rate to 7 %. If the SHG repays the loan within the agreed tenure, the rate is further reduced to 4 %.
The scheme is intended for women SHGs; however, male members may be part of the household but the SHG must be registered as a women’s group.