Introducing the Ama Subahaka Yojana — a transformative initiative designed to empower women by providing interest-free car loans.
This scheme aims to help women achieve financial independence, enhance mobility, and take confident strides toward their dreams.
Ama Subahaka Yojana Scheme Key Highlights:
- Zero Interest car loans for women
- Promoting self-reliance & entrepreneurship
- A step toward inclusive growth and equality.
- What it offers: Interest-free loans for women to buy cars
- Why it matters: Removes financial barriers, boosts entrepreneurship, strengthens gender equality
- Who benefits: Women across Odisha who wish to enhance their mobility & income potential
- ₹10 lakh per block under the program.
- 4 years of vehicle maintenance support.
- 90% interest subsidy on loans for vehicles.
- ₹2 lakh incentive for electric vehicle (EV) purchases.
Under the scheme, each eligible woman will be provided with a loan of up to Rs 10 lakh to purchase a car, which can be used as a taxi or for other income-generating purposes.