UP Mahila Udyam Nidhi Yojana: Loans up to ₹10 Lakh at 4% Interest

Exam-focused facts from the 12 July 2026 current affairs briefing.

Key facts

The Uttar Pradesh government provides loans ranging from ₹50,000 to ₹10 lakh to women entrepreneurs through the UP Mahila Nidhi under the UP Mahila Udyam Nidhi Yojana.
Launched in 2016, the scheme offers credit at an interest rate of approximately 4% and requires no collateral for loan amounts up to ₹2 lakh.
Eligible applicants must be female permanent residents of Uttar Pradesh aged between 18 and 60 years with an annual family income below ₹3 lakh.
Priority for loan approval is given to Self Help Group (SHG) members, widows, women with disabilities, and women from minority communities.
Applicants must possess an Aadhaar-linked bank account and a viable business plan, while a CIBIL score is considered only for higher-value loan amounts.