RMK: Rashtriya Mahila Kosh (National Credit Fund for Women)

RMK: Rashtriya Mahila Kosh (National Credit Fund for Women) 
Set up in 1993.
Objective 

• To provide micro-credit to poor women for various livelihood and income generating activities at concessional terms.
• Credit would be delivered in a client-friendly delivery process and thereby bringing about their socio-economic development.

       Functions

• It extends micro-finance services for livelihood activities, housing, micro-enterprises, family needs, etc to bring about the socio-economic upliftment of poor women. 
• Takes a number of promotional measures to popularise the concept of women empowerment through micro financing, thrift and credit, formation and stabilization of SHGs and also enterprise development for poor women. 
• Credit is disbursed to the women SHGs in both rural and urban through intermediate organizations like NGOs, Co-operative societies, Government autonomous organizations, not-for-profit Section 25 Companies, State Women Development Corporations, registered bodies and federations of women etc.  

Types of loan facilities
Loan Promotion Scheme

1. Maximum loan amount of Rs. 10.00 lakh.
2. To promote the activity of thrift and credit among newer and smaller organizations.
3. They must potentially capable of having at-least six months experience in formation of Self-HelpGroups, thrift, credit and recovery management.

       Main Loan Scheme 

1. Maximum loan amount of Rs. 600 lakh.
2. Organisations having minimum 3 years experience in thrift and credit activities are being considered under the scheme. 

        Housing Loan Scheme

1. Maximum loan amount of Rs. 1 lakh.
2. To provide shelter / repair of houses to SHG members through partner organisations of RMK.
3. It includes the cost for construction of low cost house / repairs.