SHG Business Plan Form Assam

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SHG Business Plan Form Assam

Assam Chief Minister Himanta Biswa Sarma announced the Mukhya Mantri Mahila Udyamita Asoni scheme aimed to help 3.9 million women associated with self-help groups (SHGs).

In the first phase, each applicant will be provided with a grant of ₹10,000 for the first year to start any business from a list of 145 business plans prepared by the government. The total amount earmarked by the scheme as part of the state annual budget is ₹3,900 crore, making it the biggest such scheme in the state.

SHG Business Plan Form – Eligibility

  • Women from the general and other backward caste (OBC) categories (except from the Moran, Muttock and tea-tribe communities) will need to have not more than three children.
  • Women from Moran Muttock and tea-tribe communities will be eligible if they have four or lesser number of children.
  • For women from Scheduled Tribe (ST) and Scheduled Caste (SC) categories they will not qualify for the scheme if they have more than four children.
  • Sarma said that the limit has been kept to ensure that those children who get the grant are able (have adequate time) to devote to the new business.

Document Required for Assam SHG Business Plan

  1. Aadhar Card of all the members
  2. One photo of all the members
  3. Inter-se Agreement (either registered or unregistered) executed by all members of the SHG communicating their decision to open a Savings Account with the bank and identifying two or three members to jointly operate the account
  4. Copy of passbook of existing account with a bank
  5. In case of SHGs, who do not have an existing bank account, a letter of introduction from the Village Sarpanch / Village Administrative Office (VAO) in rural locations would be accepted
  6. Identify Proof & Address Proofs of Authorised Signatories
    1. Voter ID card of members
    2. Bank pass book (bearing photograph of client) issued by Banks where account has been opened at least 3 months prior, along with an account opening cheque drawn on the same account.
  7. Documents required other than KYC
    1. SHPI Recommendation Letter
    2. Repayment track record if the SHG has credit linkage with any other bank or financial institution
  8. Sanction letter and repayment statement (Statement of Account) of active loans
2nd Page of SHG Business Plan Form Assam PDF
SHG Business Plan Form Assam

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