Tarun loan under mudra yojana

Pradhan Mantri Mudra Yojana is also called as Mudra bank loan Yojana. This scheme is still operational and many intended beneficiaries have benefited under Mudra Yojana. The main aim of this scheme is to provide the financial support to small and micro businesses.

Tarun Loan is the highest loan under Pradhan Mantri Mudra Yojana. This loan variant is designed to meet funding needs to business that has grown out of Development Stage and Growth Stage.

Features for Tarun Loan:
Under this loan, applicant can get more than Rs 5 lakh up to Rs 10 lakh.Interest rates for Tarun Loan is 16% and varies from bank to bank.

Checklist:     •   Same as Kishor

Eligibility for Tarun Loan:

The businesses are not involved in any kind of farm activities for income generation

• Business owners have proper credit history
• Applicants have proper business history and performance

Which type of business constitutions can take out Tarun Loan?

• Proprietorship business
• Ltd business
• Partnership business
• A Ltd. Company

Required documents for Tarun loan under Mudra Yojana:

Depending upon the area of business the documents required can be increased by the bank lenders. The documents required for Tarun Loan are mentioned below:

• Identity proof: Voter ID card, Passport, Driving license, Aadhar card, PAN
• Cast certificate
• Business identity and address proof documents
• Address proof: Passport, Voter Card, Aadhar, telephone bill, electricity bill
• Bank statements – 6 months
• Balance sheet of previous 2 years
• Income tax returns
• Sales tax returns
• One year project balance sheet if there are limits on working capital
• Current financial year sales figure all and date of application submission
• Memorandum of articles copies
• Recent passport size photos of partners/Directors/Proprietor

         Atal pension yojana

Process to apply for Tarun Loan under Pradhan Mantri Mudra Yojana:

• Applicant must visit his nearest commercial or private bank Under Mudra scheme
• The applicant must convince designated bank personally so that applicant can get loan sanctioned for it
• After personnel satisfied, Applicant can fill the Application form
• Submit the form along with required documents
• Applicant need to fill each and every formality
• After certificate verification, you will get the loan in the same name of borrower

Pradhan Mantri Matritva Vandana Yojana:

• Pradhan Mantri Matritva Vandana Yojana (PMMVY), previously Indira Gandhi Matritva Sahyog Yojana (IGMSY), is a maternity benefit program run by the government of India.
• PMMVY is implemented by the Ministry of Women & Child Development in collaboration with State Governments.
• It is a conditional cash transfer scheme for pregnant and lactating women of 19 years of age or above for first two live births.
• It provides a partial wage compensation to women for wage-loss during childbirth and childcare and to provide conditions for safe delivery and good nutrition and feeding practices.
• In 2013, the scheme was brought under the National Food Security Act, 2013 to implement the provision of cash maternity benefit of 6,000 stated in the Act
• Pradhan Mantri Matru Vandana Scheme (PMVVY) is a conditional cash transfer scheme for pregnant and lactating women aged 19 or above for first live birth.
• Originally, all pregnant women of 19 years of age and above were eligible for conditional cash transfer benefits of 4,000 to be paid in three installments, after the implementation of National Food Security Act the amount has been revised to 6,000to be paid in two installments of 3,000.

Maternity Benefits Under Pradhan Mantri Matru Vandana Yojana :

• The maternity benefits under Pradhan Mantri Matru Vandana Yojana (PMMVY) are available to all Pregnant Women & Lactating Mothers (PW&LM) except those in regular employment with the Central Government or State Government or Public Sector Undertaking or those who are in receipt of similar benefits under any law for the time being in force, for first living child of the family as normally.
• The objectives of the scheme are: (i) providing partial compensation for the wage loss in terms of cash incentives so that the woman can take adequate rest before and after delivery of the first living child; and (ii) the cash incentives provided would lead to improved health seeking behaviour amongst the Pregnant Women and Lactating Mothers .
• Promote the best practices and awareness about institutional delivery, lactation among pregnant and lactating mothers.
• Provide cash incentive for improved health and nutrition
• Nutrition and early breastfeeding campaign for the first 6 months.
• To deliver a healthy life to the pregnant women
• To lower the MMR.
• And the foremost, to detect every single health issue a pregnant woman suffers from.

Shadi Shagun Yojana

Central Government launches the latest scheme for the Muslim Girls in India the programmed named as Shadi Shagun Yojana for Muslim Girls.

The step is really remarkable taken by honourable Prime Minister Mr Narendra Modi. Modi Government is launching many schemes for the girl’s education in India. Now, this scheme will enhance the education power of women in Muslim Society the  scheme gives the benefit of 51,000 Rupees as the Wedding Gift from the Government to the Muslim Girlsafter completing their Graduation Degree in any Stream.Prime Minister Narendra Modi has given a big gift to minority girls in the country just before the Raksha Bandhan. The Modi government has come out of these schemes for encouraging girls from minority communities who want to continue their higher education.

 Some girls are married at the age of 18, and they will not get the opportunity of higher education. Hence the scheme will motive the Education Development in the Muslim Girls. Muslims come in the minority section, and hence the government will always take a positive step to secure the rights of Minorities.  Honorable Prime Minister has named it ‘Marriage-Shagun’ scheme through this scheme, girls of minority communities will be given Rs. 51 thousand for higher education at the end of the marriage ceremony. Through this they can complete the bachelor’s degree.

Details
Scheme Name	PM Modi Shaadi Shagun Yojana
Launched by	Pradhan Mantri Shree Narendra Damodar Das Modi
Launch Date	August 2017 on Raksha Bandhan
Motive	Promotion of minority girls education
Budget Distribution	51000/- per girl
Budget	Not defined
Scope of Yojana	Across India

Eligibility:

• This Scheme is only applicable for Muslim Girls
• Minimum Qualification to avail benefits of this Scheme is Graduation
• Maulana Azad Educational Foundation (MAEF) will take care of the marriage Shadi Shagun.
• You can visit the official website for registration of the Shadi Shagun scheme.
• This scheme will be for the girls of the Muslim community, who have completed their graduation and have completed their studies.
• Interested Applicant must possess Degree/Mark sheet from a valid Institute/College
• Only those Muslim girls who have completed their graduation and have received the MAEF scholarship for this scheme will be eligible.
• This scheme will be implemented in all the states of the country.
• Rs 51000 will not be given to girls who have left before graduation level.

Note – MAEF Stands for  Maulana Azad Education Foundation which is registered under the Ministry of Minority Affairs, Government of India.

Note – As per the sources, MAEF is preparing a separate portal for this scheme, where interested and eligible Girls will be able to register themselves. 

The Information of the Shadi Shagun Scheme for Muslim Girls in available on Maulana Azad Educational Foundation Website. You can apply online on the portal of MAEF. Fill the form online and also fetch more details on this portal. The scheme is only for Muslim Girls. To avail this opportunity you should consider all the essential academic documents and caste certificate in the application form.

Apply for Shadi Shagun Yojana:

• First need to visit the Shadi Shagun Yojana official site or below mentioned direct link
• Go to girls scholarship
• Now select their shadi Shagun Yojana Online Form
• Fill application form
• Update required details like as recent photo, degree copy etc
• After filled all details go to submit button.

         

 

Pradhan Mantri Jeevan Jyoti Bima Yojana

Pradhan Mantri Jeevan Jyoti Bima Yojana is a Govt. Sponsored Life Insurance Scheme. The scheme is a one year cover Term Life Insurance Scheme, renewable from year to year, offering life insurance cover for death due to any reason.

Insurance Scheme offering life insurance cover for death due to any reason.

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• Pradhan Mantri Jeevan Jyoti Bima Yojana Eligibility -
• All Savings Bank Account holders in the age 18 to 50 years can join this scheme. In case of multiple saving bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one savings bank account only.
• Entry Age Min: 18 years last birthday Max: 50 years nearest birthday Policy Term One year renewable (Period of Insurance: 01st June to 31st May) Max Maturity Age 55 Years nearest birthday on annual renewal date Sum Assured Fixed Sum Assured of Rs.2,00,000 per Member Annual renewal Premium Rs. 330* + taxes, if any. Group Size Min: 10 members Max: No Limit.

• In case of multiple saving bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one savings bank account only.

• Aadhaar would be the primary KYC for the bank account. However, it is not mandatory for enrollment in the scheme.

• Coverage under this scheme is in addition to cover under any other insurance scheme, the subscriber may be covered.

• Pradhan Mantri Jeevan Jyoti Bima Yojana Policy period -

• From 1st June to 31st May of subsequent year.

• Pradhan Mantri Jeevan Jyoti Bima Yojana Premium-

• Rs.330/- per annum per member for insurance upto Rs 2 Lacs.The premium will be deducted from the account holder's savings bank account through 'auto debit' facility in one installment, as per the option given, on or before 31st May of each annual coverage period under the scheme. Delayed enrollment for prospective cover after 31st May will be possible with full payment of annual premium and submission of a self-certificate of good health.

• Pradhan Mantri Jeevan Jyoti Bima Yojana Terms and conditions-

Maturity Benefit: No maturity benefit is payable under this plan to either the Master Policyholder or the Insured Member.

Surrender Benefit:No surrender benefit is payable under this plan to either the Master Policyholder or the Member. However In case of surrender of the Master Policy, Individual Members of the group, on such surrender, have an option to continue the policy as an individual policy till their coverage is terminated.

                  

Grace Period: At the end of the one-year term, the Master Policy can be renewed within a grace period of 30 days by payment of the premium then payable and complying with the other terms and conditions specified by the Company. If the Master Policy is not renewed the policy lapses. 

  Suicide Claim: No exclusion on suicide death.

 Termination of assurance -

The assurance on the life of the member shall terminate on any of the following events and no benefit will become payable there under:

• On attaining age 55 years subject to annual renewal up to that date (entry, however, will not be possible beyond the age of 50 years).
• Closure of account with the Bank or insufficiency of balance to keep the insurance in force.
• If the insurance cover is ceased due to any technical reasons such as insufficient balance on due date or due to any administrative issues, the same can be reinstated on receipt of full annual premium and submission of enrollment application in prescribed format.
• Participating Banks shall remit the premium to insurance companies in case of regular enrolment on or before 30th of June every year and in other cases in the same month when received.

Atal Pension Yojana

 Atal Pension Yojana (APY) Scheme Eligibility, Benefits & Conditions

Atal Pension Yojana Introduction: 

The goal of the scheme is to ensure that no Indian citizen has to worry about any illness, accidents or diseases in old age, giving a sense of security. Private sector employees or employees working with such an organization that does not provide them pension benefit can also apply for the scheme. There is an option of getting a fixed pension of Rs 1000, Rs 2000, Rs 3000, Rs 4000, or Rs 5000 on attaining an age of 60. The pension will be determined based on the individual’s age and the contribution amount. The contributor’s spouse can claim the pension upon the contributor’s death and upon the death of both the contributor and his/her spouse, the nominee will be given the accumulated corpus. However, if the contributor dies before completing 60 years of age, the spouse is also given an option to either exit the scheme and claim the corpus or continue the scheme for the balance period. 

 Atal Pension Yojana Eligibility:

1. Must be a citizen of India.
2. Must be between the age of 18-40
3. Should make contributions for a minimum of 20 years.
4. Must have a bank account linked with your Aadhar no.
5. Must have a valid mobile number in account

Atal Pension Yojana How To Apply: 

1. All nationalized banks provide the scheme. You can visit any of these banks to start your APY account.
2. Atal Pension Yojana forms are available online and at the bank. You can download the form from the official website.
3. Fill up the application form and submit it to your bank.
4. Aadhar will be the primary KYC, & Mobile number is obtained for ease of operations.

Atal Pension Yojana Monthly Contributions:

The monthly contribution depends upon the amount of pension you want to receive upon retirement and also the age at which you start contributing. The following table tells you how much you need to contribute per annum based on your age and pension plan.

Click on image to see chart:

 Important Facts to know about APY:  

1. Since you will be making periodic contributions, the amounts will be debited automatically from your account. You need to make sure that you have sufficient balance in your account before each debit.
2. You can increase your premium at your will. You just have to visit your bank and talk to your manager and make the necessary changes.
3. In case you default on your payments, a penalty will be levied. A penalty of Rs. 1 per month for a contribution of every Rs. 100 or part thereof.
4. In case you default on your payments for 6 months, your account will be frozen and if the default continues for 12 months, the account will be closed and the remaining amount will be paid to the subscriber.
5. Early withdrawal is not entertained. Only in cases like death or terminal illness, the subscriber, or his/her nominee will receive the entire amount back.
6. In the event that you close the scheme before the age of 60 for any other reason, only your contribution plus interest earned will be returned. You will not be eligible to receive the government’s co-contribution or the interest earned on that amount.
7. Banks are required to collect additional amount for delayed payments.

Pradhan Mantri Jan-Dhan Yojana

Documents required to open an account under Pradhan Mantri Jan-Dhan Yojana

• ·   If Aadhaar Card/Aadhaar Number is available then no other documents is required. If address has changed, then a self certification of current address is sufficient.
• ·   If Aadhaar Card is not available, then any one of the following Officially Valid Documents (OVD) is required: Voter ID Card, Driving License, PAN Card, Passport & NREGA Card. If these documents also contain your address, it can serve both as Proof of Identity and Address.
• ·   If a person does not have any of the “officially valid documents” mentioned above, but it is categorized as low risk by the banks, then he/she can open a bank account by submitting aone of the following documents:
•  Identity Card with applicant's photograph issued by Central/State Government Departments, Statutory/Regulatory Authorities, Public Sector Undertakings, Scheduled Commercial Banks and Public Financial Institutions.
• · Letter issued by a gazette officer, with a duly attested photograph of the person.

Special Benefits under PMJDY Scheme

• ·   There is no requirement of minimum balance
• ·   Interest on deposit.
• ·   Accidental insurance cover of Rs.1 lac under RuPay scheme.
• ·   No minimum balance required.
• ·   The scheme provide life cover of Rs.30,000/- payable on death of the beneficiary, subject to fulfillment of the eligibility condition i.e. accounts opened between 15.08.2014 - 31.01.2015.
• ·   Easy Transfer of money across India
• ·   Beneficiaries of Government Schemes will get Direct Benefit Transfer in these accounts.
• ·   After satisfactory operation of the account for 6 months, an overdraft facility will be permitted
• ·   Access to Pension, insurance products.
• ·   The Claim under Personal Accidental Insurance under PMJDY shall be payable if the Rupay Card holder have performed minimum one successful financial or non-financial customer induced transaction at any Bank Branch, Bank Mitra, ATM, POS, E-COM etc. Channel both Intra and Inter-bank i.e. on-us (Bank Customer/Rupay card holder transacting at same Bank channels) and off-us (Bank Customer/Rupay card holder transacting at other Bank Channels) within 90 days prior to date of accident including accident date will be included as eligible transactions under the Rupay Insurance Program 2016-2017.
• ·   Overdraft facility upto Rs.5000/- is available in only one account per household, preferably lady of the household

Pradhan Mantri Jan-Dhan YojanaCondition 

 Only maimum 4 withdrawals allowed include ATM withdrawal

Pradhan Mantri Jan-Dhan Yojana Over Draft Facility

• BSBD account, which is operated satisfactorily for at least six months.
• OD is available to only one earning member of the family, preferably women of the house.
• There should be regular credits under DBT/DBTL scheme/other verified sources.
• BSBD account holder should not be maintaining any other SB account with any Bank /branch to ensure compliance with RBI directives
• Age of applicant between 18 years to 60 years.
• Minor i.e. customer below the age of 18 years are not eligible for OD under PMJDY.
• KCC/GCC borrower is not eligible for PMJDY OD.
• Eligible Amount for Overdraft is 4 times of average balance or 50% of credit summation in the preceding six months or Rs.5000/- whichever is lower.

Pradhan Mantri Shram yogi Mandhan Pension Yojana | PMSYM Scheme

Pradhan Mantri Shram yogi Mandhan Pension Yojana | PMSYM Scheme 2019

This scheme was announced by the Central government.  In this article read about all the important information regarding Shramyogi yojana, who are eligible for the scheme, how to apply for PM Shramyogi Pension and benefits of this scheme.

Scheme	Pradhan Mantri Shram Yogi Mandhan Yojana
Beneficiary Category	Unrecognized sector Workers
Pension amount	Rs. 3000 Per month
Category	Central govt. scheme
Enrolment Website	CSC Centres – Digital seva
Beneficiary not eligible	If they are enrolled in any other central government scheme
Pension Transferable	Yes, to partner only Children are not eligible for getting pension
Pradhan Mantri Shram Yogi Maan-dhan registration	Apply by visiting local Jan seva kendra (CSC)

Pradhan Mantri Shram yogi Mandhan Pension Yojana Premium Amount Chart:

Entry age (In Years)	Max age (In Years)	Monthly contribution per month (per person)	Govt contribution per month (per person)	Total Contribution (per person)
18	60	55	55	110
19	60	58	58	116
20	60	61	61	122
21	60	64	64	128
22	60	68	68	136
23	60	72	72	144
24	60	76	76	152
25	60	80	80	160
26	60	85	85	170
27	60	90	90	180
28	60	95	95	190
29	60	100	100	200
30	60	105	105	210
31	60	110	110	220
32	60	120	120	240
33	60	130	130	260
34	60	140	140	280
35	60	150	150	300
36	60	160	160	320
37	60	170	170	340
38	60	180	180	360
39	60	190	190	380
40	60	200	200	400

Who is eligible for the PMSYM Pension Scheme?

• As the labor class is mentioned, people involved in the trivial yet necessary works such as carpenters, masons, and many more such workers appear in our minds. In reality, any worker belonging to the unorganized sector can apply for the scheme. By unorganized sectors, one means the community in which the wages are not fixed. Such sector includes street vendors, rag pickers, cobblers, brick makers, leather workers, rickshaw pullers, landless labors, beedi workers and many more.
• The workers who do not have any fixed income and whose income depends on the works they do on a daily basis to earn a living are eligible to apply for Pradhan Mantri Shramyogi Yojna.
• The workers of the unorganised sector earning an income of less than rupees 15,000 per month and belong to the entry of 18 to 40 years of age group are eligible for Pradhan Mantri Shramyogi yojana.

Pradhan Mantri Shramyogi Mandhan Yojana Eligible & Features:

Eligible people can apply for the same step by step. The procedure is mentioned below.

• All the eligible candidates or the must have their bank details and Aadhar card. After confirming that, the candidate needs to visit his or her nearest Common Service Center or CSC keeping along the necessary documents that could be further used for verification.

• The appointed officer in the nearest Common Service Center is going to put together all the information and details given by the candidate. The candidates are expected to register his or her actual date of birth because the overall calculation is held on the basis of age. The determination of how much premium he or she has to pay is all dependent on the actual age that the candidate confirms with.

• After having verified all the documents, the scheme will get started. To get started with it, a specific installment amount is going to get deducted from the wallet of the appointed officer in the Common Service Center. After having a successful payment, the officer will get back all the amount that has been deducted from the officer’s wallet by the Candidate that too in cash amount.

• The candidate must check for the notification of a successful online payment. If the notification arrives, that means the registration has been successfully done. A unique pension code is also going to get generated from the software that too online.

• After this process, CSC officer is going to do the other formalities and scan candidate’s documents. The officer scans the documents to ensure that the information is added to their database as well.

• After the scanning of documents, the candidate is going to get a pension card that has been generated after the verification of the candidate’s documents and other data.

The data provided by the candidate is then sent to the bank authority. After having checked the data by bank authorities, the candidate is going to be informed about the mandate debits. An SMS is going to be generated on the registered number of candidate, after which the candidate would be getting pertinent information.

• It is beneficial in a way that a worker who joins Pradhan Mantri Shram Yogi Yojna at the age of 18 years would make a contribution of rupees 55 monthly till the age of 60 years so as to get the pension in retirement. The equal matching contribution will be made by the Government to the pension account of workers each month.

• Not only this, if the candidate enrols out of the scheme even before 10 years, the share of the candidate is going to be returned to the candidate with saving bank interest rates.

• If the candidate enroll out after 10 years but before 60 years of age, the share of candidate’s contribution adding the accumulated interest will be given back to the candidate.

• If the candidate is updating the scheme in a proper manner but dies due to any cause, his or her better half would be entitled with the continuation of the scheme. If the spouse is entitled to it, they are supposed to pay the regular further contributions. If they are not willing to do that, they can always exit the scheme taking the candidate’s contribution to make till the date in addition to the interest.

PM Shram Yogi Mandhan Yojana Helpline Number:

Toll Free number 1800 267 6888