Losing someone you love is probably the hardest experience to move on from in life, especially if it is your spouse. It is like losing a pillar of support. Furthermore, women, who have been unemployed, face harsher circumstances upon losing their husbands due to the added financial burden that they have to take on to stay strong and support their families.
However, widows do not have to face such financial pressures all on their own. There are various national level and state level loans and schemes, especially designed for widows that help them in various facets of life from self-employment to even getting remarried.
Find below some loans and schemes offered to widows in India:
This scheme was sanctioned between 1997 and 1998 by the Government of Karnataka. It is especially meant for self-employment of women. Udyogini provides women with loans from banks and other financial institutions to undertake various business activities and/or micro enterprises, especially in the trade and service categories.
The Directorate General Resettlement has launched this self-employment scheme for the resettlement of widows and ex-servicemen.
Note: Know about Personal Loan
The Department of Women and Child Development provides financial assistance for the remarriage of widows and devadasis, in both general category as well as women belonging to the Scheduled Castes and Scheduled Tribes.
Losing someone can be heart wrenching, but these loans and schemes can make this difficult time of you a little less painful so you can continue being strong and help support your family.
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
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