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ActiveCentral Sector SchemeLaunched 2011-06-01Verified: 2026-09-16

Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM / Aajeevika)

Rural poverty alleviation mission organizing poor women into Self Help Groups (SHGs) and providing revolving funds, community investment funds, and interest subvention.

Government Levelcentral Government
Administering BodyMinistry of Rural Development
Beneficiary Sector
Women & Child DevelopmentRural Development & Livelihoods
Applicable Jurisdiction
All India

₹Benefits & Entitlement Breakdown

Comprehensive financial and institutional support for women SHGs: 1. Revolving Fund (RF): ₹20,000 to ₹30,000 per eligible SHG to establish financial discipline. 2. Community Investment Support Fund (CIF): Up to ₹1.5 lakh per SHG routed through Village Organizations for livelihood activities. 3. Collateral-Free Bank Credit: Collateral-free loans up to ₹20,00,000 for women SHGs. 4. Interest Subvention: Interest rate brought down to 7% per annum for loans up to ₹3,00,000, with an additional 3% subvention for prompt repayment (effective net interest rate of just 4% per annum in 250 priority districts).

📊Budget Allocation & Beneficiary Reach

Fiscal Budget Allocation

₹15,047 Crore (Union Budget FY 2024-25 allocation for DAY-NRLM)

Official Budget Document ↗
Verified Beneficiary Reach

10+ Crore rural women mobilized into 90+ Lakh SHGs across India

As of: 2024-03-31PIB / Official Citation ↗

Verified Eligibility Criteria

Age Requirement:Minimum 18 years
Annual Family Income Ceiling:No gross income ceiling specified
Target Occupations:rural_woman, shg_member, artisan, farmer, daily_wage_worker
Eligible Gender:female
Social Category / Reservation:all, BPL, SC, ST
Specific Operational Conditions & Exclusions:

Rural women belonging to poor households identified through Participatory Identification of Poor (PIP) process. Must be members of a women Self Help Group (10–20 women) functioning under DAY-NRLM guidelines following the "Panchasutra" (regular weekly meetings, regular savings, regular internal lending, timely repayment, and up-to-date bookkeeping).

Required Documents Checklist

  • ✓
    Aadhaar Card of SHG membersMandatory

    Mandatory KYC identification of members.

  • ✓
    SHG Resolution & Meeting RegisterMandatory

    Recording group formation and bank account opening authorization.

  • ✓
    SHG Bank Account Passbook with IFSCMandatory

    For receiving Revolving Fund, CIF, and loan disbursements.

  • ✓
    Panchasutra Compliance Audit RecordMandatory

    Proof of meeting 5 pillars of SHG financial discipline.

How to Apply

1. Rural women organize into a Self Help Group of 10–20 members with assistance from Community Resource Persons (CRPs) or Gram Panchayat coordinators. 2. Adopt the Panchasutra and open a joint savings bank account in the name of the SHG. 3. After 3 months of regular meetings and savings, apply for the Revolving Fund through the Village Organization (VO). 4. Submit Micro-Investment Plan (MIP) prepared by the SHG to the local branch of a commercial or regional rural bank for bank credit linkage. 5. The bank inspects the SHG records and disburses loan limits directly to the SHG account.

Official Government Application Portal

You will be redirected to the secure official portal: aajeevika.gov.in

Apply on official government website

Frequently Asked Questions (Officially Sourced)

Verified answers sourced directly from official circulars, gazettes, and portal FAQs. Never AI-invented.

What are the Panchasutra principles of an SHG under DAY-NRLM?

The Panchasutra comprises: 1. Regular weekly meetings, 2. Regular savings, 3. Regular internal lending among members, 4. Timely repayment of loans, and 5. Maintenance of clean and transparent books of accounts.

Source: Official Scheme FAQ ↗

What is the collateral-free credit limit for women SHGs?

Women SHGs can avail collateral-free loans up to ₹20,00,000 from banks without needing to pledge property or provide third-party guarantors.

Source: Official Scheme FAQ ↗

What is the interest rate charged on SHG loans?

Loans up to ₹3 lakh are provided at an interest rate of 7% per annum. In priority districts, prompt-paying SHGs receive an additional 3% subvention, making the effective interest rate 4%.

Source: Official Scheme FAQ ↗

Common Rejection Reasons & Warnings

Non-adherence to Panchasutra principles; irregular savings or internal default; existing default on prior bank linkages.

Editorial Verification & Change Log

DateFieldDescription / UpdateSource Citation
2026-09-16initial_verificationBaseline verification of DAY-NRLM guidelines, Panchasutra norms, and ₹20 Lakh collateral-free loan ceiling.Official Source ↗

Application Window & Deadlines

Open throughout the year (Community mobilization basis)

Related Welfare Programs

Pradhan Mantri Ujjwala Yojana (PMUY / Ujjwala 2.0)

Clean cooking fuel initiative providing deposit-free LPG connections with a free first refill and stove to adult women from poor households.

Sukanya Samriddhi Account (SSY)

High-interest sovereign small-savings scheme for the girl child offering tax-free returns and maturity proceeds under Beti Bachao Beti Padhao.

Pradhan Mantri Matru Vandana Yojana (PMMVY)

Direct benefit maternity benefit scheme under Mission Shakti offering cash incentives up to ₹6,000 for pregnant women and lactating mothers.

Official Helpline & Nodal Offices

Rural Livelihoods Division, Ministry of Rural Development

7th Floor, NDCC-II Building, Jai Singh Road, New Delhi - 110001

Helpline: 011-23461700 / 1800-11-6446 (Aajeevika Helpdesk)

Jurisdiction: National (Rural India)

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Verification Metadata

Last verified by Eligo researchers on 2026-09-16 against official government documentation.

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