Madhya Pradesh government is inviting MP Sant Ravidas Swarojgar Yojana online registration / application form 2025 at samast.mponline.gov.in. Under the scheme, applicants of Scheduled Caste (SC) category in the age group of 18 to 45 years who are minimum 8th class pass can get bank loans at lower interest rates for self employment. Interest subsidy of 5% would be provided on bank loans / outstanding term loans and working capital loans for max. 7 years duration (including moratorium period).
SC category applicants can get loans ranging from Rs. 1 lakh to Rs. 50 lakh for setting up industry / enterprises and manufacturing units. Moreover, SC youths can avail loans ranging from Rs. 1 lakh to Rs. 25 lakh for the service units and retail trade. Read this article till the end to know how to apply online for Sant Ravidas Swarojgar Yojana, what is the eligibility criteria, list of documents required, how to check application status and other aspects regarding the scheme.
Sant Ravidas Swarojgar Yojana in MP Budget 2025-26
On 12th March 2025, Finance Minister Jagdish Devda presented Madhya Pradesh Budget 2025-26. While delivering the MP Budget Speech 2025-26, the hon’ble Finance Minister said “अनुसूचित जाति वर्ग के युवाओं के स्वरोज़गार हेतु संत रविदास स्व-रोज़गार योजना, डॉ. भीमराव अम्बेडकर आर्थिक कल्याण योजना तथा सावित्री बाई फुले स्व-सहायता समूह योजना संचालित की जा रही हैं।”
Accordingly, the Sant Ravidas Swarojgar Yojana online registration form 2025 will appear as shown below:-
Sant Ravidas Swarojgar Yojana Registration Form
Fill in all the asked details like name, date of birth, gender, relationship, name of relative (husband/father name), category, mobile number, email ID and click “Next” button.
Once profile is created, make applicant login with registered mobile number, date of birth and click “Continue” button.
Afterwards, fill the remaining Sant Ravidas Swarojgar Yojana application form and “Submit” it to complete apply online process for the scheme.
Then the MP State Cooperative Scheduled Caste Finance and Development Corporation will verify your eligibility and send your application to the concerned bank branch.
Bank branch will take decision on the application (as per RBI Guidelines). In case the case is approved, the loan will be disbursed by the bank branch and the information will be entered on the portal.
Bank branch (in favour of the beneficiary) will claim interest subsidy/loan guarantee fee subsidy. The grant amount will then be transferred directly to the loan account of the beneficiary through online process (DBT).
Eligibility Criteria for Sant Ravidas Swarojgar Yojana
Applicant must be a permanent resident of the Madhya Pradesh state.
The scope of the scheme will be the entire Madhya Pradesh i.e only those enterprises which are established within the boundaries of MP state can avail scheme benefits.
Applicant must belong to the Scheduled Caste (SC) category.
Age of the applicant must lie b/w 18 to 45 years.
The minimum educational qualification of the candidate must be atleast 8th pass.
Annual family income of the applicant, from all sources, must not exceed Rs. 12 lakh per annum.
Applicant must be unemployed.
Applicant should not be a defaulter from any nationalised bank / cooperative bank or other financial institution.
Currently, should not be a beneficiary of any other self-employment scheme of the state or central government.
Applicant will be eligible for assistance under this scheme only once.
The scheme would be applicable for industry/service business sector.
The benefits of the Sant Ravidas Swarojgar Yojana will be provided to entrepreneurs setting up new enterprises.
Through the Sant Ravidas Self Employment Scheme, the SC youth of the state will be able to become self-reliant by setting up their own business.
5% interest subsidy will be provided to SC beneficiaries on bank loans / outstanding term loans and working capital loans for max. 7 years duration (including moratorium period).
This interest subvention would be given by the MP State Cooperative Scheduled Caste Finance and Development Corporation on the fulfillment of condition of regular repayment (specified time and amount).
Youths can avail loans ranging from Rs. 1 lakh to Rs. 50 lakh for setting up industry / enterprises and manufacturing units.
Moreover, youths can avail loans ranging from Rs. 1 lakh to Rs. 25 lakh for the service units and retail trade.
Only those citizens who are NOT defaulters in any nationalized / cooperative bank / other financial institution can avail Sant Ravidas Swarojgar Yojana benefits.
Apart from this, citizens who are receiving benefit of any other self-employment scheme of the Central and State Government by the applicant will not be provided the benefit of this scheme.
SC Development Department of Madhya Pradesh would be the nodal agency for successful implementation of Sant Ravidas Swarojgar Yojana.
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