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If you have nothing but one good idea, the Assam Government is ready to help:
If you are someone who is looking for some financial help for grow or to invest in something that you have built. The Assam Government is ready to provide you a completely mortgage free loan upto 5 Lakh Indian Rupees.
What is Mukhya Mantri Atmanirbhar Asom (MMAA) scheme in Assam?
The Government of Assam offers the Mukhya Mantri Atmanirbhar Asom (MMAA) scheme, which provides interest-free loans to promote self-employment and entrepreneurship among eligible residents of the state.
Benefits of Mukhya Mantri Atmanirbhar Asom (MMAA) scheme
- Loan Amount: Ranges from ₹2 lakh to ₹5 lakh, provided in two installments based on educational qualifications.
- Interest-Free Loans: These loans are repayable after five years, with no collateral required.
- Skill Development: Beneficiaries undergo a one-month training program focused on entrepreneurship, management, and accounting, with a ₹10,000 stipend provided during training.
Who is Eligible for MMAA Loan?
- Applicants must be permanent residents of Assam aged between 28 and 45 years.
- Minimum educational qualification: Class 10 pass.
- Applicants should belong to Below Poverty Line (BPL) households and not have any government-employed family members.
- Employment Exchange registration before April 2023 is mandatory.
- No prior loan default history.
How to Apply for MMAA?
- Online registration is mandatory through the official portal cmaaa.assam.gov.in.
- Required documents include identity proof, address proof, educational certificates, Employment Exchange card, and a project report.
Important Dates
| Opening Date | October 18, 2024 |
| Closing Date | November 18, 2024 |
This scheme aims to support 2 lakh beneficiaries over two years by fostering self-reliance and entrepreneurship in Assam
When is the closing date of MMAA Scheme?
November 18, 2024, is the final date for registration for the Mukhya Mantri Atmanirbhar Asom scheme.
When is the opening date for the MMAA scheme in 2025?
This date has not been officially released. However, since it began on October 18, 2024, we might assume it will follow a similar timeline in 2025. Still, be sure to check the official page regularly for real-time updates.
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