Concessional Credit/Weaver MUDRA Scheme :- Margin money assistance is provided @20% of loan amount subject to maximum of Rs.25,000/- per individual weaver and @20% of loan amount subject to maximum of Rs.20.00 lakh (@Rs.2.00 lakh for every 100 weaver/worker) per handloom organization. Loan at concessional interest rate of 6% and credit guarantee fee on loan for a period of 3 years are also provided to handloom organization. However, interest subvention is capped upto 7% by the GoI.
