Ladli Laxmi Yojana

Ladli Laxmi Yojana is a Madhya Pradesh government scheme that provides financial support to girls, promoting their education, health, and overall well-being.
Ladli Laxmi Yojana
4 mins
31-March-2025

Many families struggle financially to afford higher education or save for their daughters' weddings. The Ladli Laxmi Yojana was introduced by the Madhya Pradesh government in 2007 to provide financial support for girls' education and marriage. The funds can be used to pursue higher studies or cover wedding expenses, helping secure their future.

Fixed Deposit

  1. Trusted by over 5 lakh customers
  2. Fixed Deposits worth more than Rs. 50,000 crore booked
  3. Rated CRISIL AAA/STABLE and [ICRA]AAA(STABLE)
  4. Special tenure of 18, 22, 33, 42 and 44 months offered for higher returns
  5. Up to 0.40% p.a. extra interest offered for senior citizens
  6. Flexible interest payout options available - Monthly, Quarterly, Half-yearly, Annually or at Maturity

By proceeding, you agree to our Terms and Conditions

What is Ladli Laxmi Yojana?

The Ladli Lakshmi Yojana is a key initiative by the Madhya Pradesh government, designed to support and empower girls through financial assistance and education.

This scheme provides financial incentives at important stages of a girl's life, such as school admissions and marriage. By ensuring financial security, it encourages families to invest in their daughters' education and future.

Beyond financial aid, the program aims to create a positive social environment that values and celebrates the birth of a girl child. It also contributes to improving the child sex ratio and promoting gender equality.

Objectives of the Ladli Laxmi Yojana

The Ladli Laxmi Yojana was introduced to tackle the challenges faced by girls and provide them with better opportunities for a secure and prosperous future. Its primary objectives include:

1. Improving the child sex ratio

The scheme aims to combat the declining child sex ratio by incentivizing families to celebrate and value the birth of a girl child.

2. Financial assistance for education

By providing financial aid at various stages of education, the Ladli Laxmi Yojana ensures that girls have access to quality schooling and higher education opportunities.

3. Health and nutrition support

The scheme emphasizes the importance of health and nutrition for girls by offering financial support for healthcare and nutritional needs.

4. Social awareness and advocacy

The Ladli Laxmi Yojana actively promotes social awareness campaigns to change societal attitudes towards girls and encourage their participation in various fields.

When was Ladli Laxmi Yojana launched?

The Ladli Laxmi Yojana was launched in April 2007 during the tenure of then-Chief Minister Shivraj Singh Chouhan. Currently implemented in states like Uttar Pradesh, Delhi, Bihar, Chhattisgarh, Goa, and Jharkhand, the scheme provides financial assistance to girls born on or after January 1, 2006. It benefits daughters of non-tax-paying families and female orphans, ensuring better opportunities for their future.

Pro tip

Bajaj Finance launches a new variant, "FD Max", for investments upto Rs. 25,000 . Bajaj Finance is providing one of the highest interest rates of up to 8.60% p.a.for senior citizens and 8.35% p.a. for non-senior citizens , in this variant.

History of Ladli Laxmi Yojana

The Ladli Lakshmi Yojana was launched on May 2, 2007, by the Madhya Pradesh government under the leadership of Chief Minister Shivraj Singh Chouhan. This initiative aims to improve the lives of girls from economically weaker sections by providing financial support for their education and future needs.

Owing to its success and positive impact, the scheme gained widespread recognition and was later adopted by several other states, including Uttar Pradesh, Delhi, Bihar, Chhattisgarh, Goa, and Jharkhand.

The scheme primarily benefits girls born on or after January 1, 2006, who belong to non-tax-paying families or are orphans, ensuring they receive the necessary financial assistance for a secure future.

Features of Ladli Lakshmi Yojana

Here is the restructured content in a tabular format:

Feature

Details

Launched by

State Government of Madhya Pradesh (MP) in 2007

Managed by

Department of Women & Child Development, MP

Beneficiaries

- Ladli girl child belonging to economically weaker sections
- Maximum of 2 ladli girl children per family (except if the 2nd child is part of twins/triplets)

Application Fees

Free of cost

Application Submission

- Birth of ladli girl child: Within 1st year of birth
- Adoption of ladli girl child: Within 1 year of adoption
- Demise of parents: Within 5 years of age of the ladli girl child
- Late Submission: If not submitted within 1 year of birth, an appeal must be made to the District Collector

Financial Assistance

- National Savings Certificate (NSC) worth Rs. 1,18,000 in the name of the ladli girl child
- Disbursed in 5 instalments upon meeting specific conditions

Scheme of Payment of Instalments

- On admission in 6th Class: Rs. 2,000
- On admission in 9th Class: Rs. 4,000
- On admission in 11th Class: Rs. 6,000
- On appearing for 12th Class Exams: Rs. 6,000
- Final lump sum of Rs. 1,00,000 at the age of 21 years, if:
  1. The girl is not married before 18 years
  2. She has appeared in the 12th Class exam

Additional Financial Benefits

- Between 11th and 12th Class: Rs. 200 per month in addition to Rs. 6,000
- For Graduation or Professional Degree: Rs. 25,000 in instalments
  • Rs. 12,500 in 1st Year of the course
  • Rs. 12,500 in Final Year of the course
- Free Higher Education: The MP Government will cover the course fees for the ladli girl child


Benefits of the Ladli Laxmi Yojana

Here are the key benefits of the Madhya Pradesh Ladli Laxmi Yojana Fund:

  1. Financial Security – The government provides an assurance certificate worth Rs. 1,43,000 in the name of the girl child.
  2. Annual Deposits – A sum of Rs. 6,000 is deposited annually for the first five years after registration.
  3. Education-Based Assistance – Financial aid is provided at different educational milestones:
    • Rs. 2,000 upon admission to 6th Class
    • Rs. 4,000 upon admission to 9th Class
    • Rs. 6,000 each upon admission to 11th and 12th Class
  4. Higher Education Incentives – The scheme supports college education or professional courses (minimum 2 years) with a Rs. 25,000 grant, disbursed in two equal instalments during the first and last year of the course.
  5. Lump Sum Maturity Benefit – At 21 years of age, the girl receives the remaining amount of Rs. 1 lakh, provided she has not married before 18 years and has appeared for the 12th Class examination.
  6. Monthly Allowance for Senior Secondary Students – A sum of Rs. 200 per month is provided between 11th and 12th Class as an additional financial benefit.
  7. Free Higher Education – The Madhya Pradesh government covers the course fees for the girl child pursuing higher studies under this scheme.
  8. Encouraging Girl Child Welfare – The initiative promotes financial independence, ensuring that girls from economically weaker sections have access to education and a secure future.

The Ladli Laxmi Yojana provides long-term financial security to girl children, ensuring they have access to quality education and financial independence. But did you know that you can also maximise your own savings for the future? Instead of letting your money sit idle in a savings account, why not grow your money with a Fixed Deposit? With returns of up to 8.60% p.a., you can make your savings work harder for you! Check FD Rates Now.

Also readSSY Scheme

Application process for Ladli Laxmi Yojana

1. Online application process

Here’s how to apply for Ladli Laxmi Yojana online:

  1. Go to Ladli Laxmi Yojana’s official website and click "Apply for"
  2. Check the self-declaration and click "Proceed Further"
  3. Read and fill the form, then click "Save" to apply
  4. Attach scanned copies of mandatory documents with the form and click "Submit" to proceed to the next step in the selection process

2. Offline application process

Here’s how to apply for Ladli Laxmi Yojana offline:

  1. Obtain the Ladli Laxmi Yojana form from Anganwadi centers, gram panchayat, or municipal corporation
  2. Fill out the form and submit it along with required documents to the Lok Seva Kendra officer
  3. The application undergoes processing, and if approved, monetary benefits are directly transferred to the applicant's bank account

Eligibility for Ladli Laxmi Yojana

Here’s the Eligibility for Ladli Laxmi Yojana

General eligibility

  • Date of birth: The girl child must be born on or after 1st January 2006.
  • Anganwadi registration: The girl child must be registered at the local Anganwadi centre.
  • Parental residency: Both parents must be native residents of Madhya Pradesh.
  • Income tax: The parents must not be income tax payers.
  • Family planning:
    • For families with two or fewer children, family planning must be adopted after the birth of the second child.
    • For the first child, family planning is not mandatory, but it is necessary for subsequent children to avail the benefits.

Special cases

  • Orphaned girls: If both parents have passed away and the family has a maximum of two children, the girl child can be registered up to the age of five. However, if the surviving parent remarries and has two more children, the newly born daughter will not be eligible for the scheme.
  • Multiple births: If three girls are born at once, all three are eligible for the benefits.
  • Prisoner's children: Girls born to women prisoners are eligible.
  • Rape victims' children: Girls born to rape victims are eligible.
  • Medical exceptions: The District Collector can approve cases where family planning was not adopted due to health reasons, but this must be done within two years of the child's birth.
  • Orphanage and adoption: Applications for orphaned or adopted girls must be made within one year of admission to the orphanage or adoption, and before the girl turns five.

The District Collector will review and approve or reject special case applications.

Also read: National Savings Scheme

Documents required for Ladli Laxmi Yojana

Here’s the list of documents required for Ladli Laxmi Yojana

  • Samagra ID of girl child
  • Girl child’s family ID
  • Photo of the girl child with mother or father
  • Family planning certificate (in case of a second girl child)

Note: All required documents must be in JPG, JPEG, PNG, or GIF formats. Other formats will not be accepted. The file size should range between 40 KB to 200 KB; documents smaller or larger than this limit will not be valid.

Who cannot avail the benefits of the scheme?

  • Girl child who has dropped out of school
  • Girl child who has married before reaching the age of 18
  • Parents who haven't adopted family planning measures after the birth of their second child

While the Ladli Laxmi Yojana safeguards the future of girl children, securing your own financial goals is equally important. Invest into a Bajaj Finance FD and enjoy higher liquidity along with better returns. Start Investing Today.

List of states implementing Ladli Laxmi Yojana

Several states have introduced similar schemes under different names to support the welfare and education of girls. Here’s a list of states with their respective programs:

  • Haryana – Ladli Yojana
  • Uttar Pradesh – Bhagya Laxmi Yojana
  • Delhi – Delhi Ladli Yojana
  • Chhattisgarh – Dhan Lakshmi Yojana
  • Goa – Ladli Lakshmi Yojana
  • Jharkhand – Lakshmi Ladli Yojana

Conclusion

Ladli Laxmi Yojana is an essential program offering financial help for girls' education and weddings, promoting women's well-being. With a focus health, and education, the scheme provides valuable benefits, making it easy for eligible families to access support and create a better future for their girls.

Calculate your expected investment returns with the help of our investment calculators

Investment Calculator

FD Interest Calculator

Sukanya Samriddhi Yojana Calculator

PPF Calculator

Recurring Deposit Calculator

Provident Fund Calculator

Gratuity Calculator

Frequently asked questions

What is the amount of Ladli Laxmi Yojana?

The Ladli Laxmi Yojana offers a cumulative financial benefit of up to Rs. 1.43 lakh to eligible girl children through a combination of National Savings Certificates, scholarships, and direct cash transfers at different stages of their lives.

Who can avail the benefits of Ladli Laxmi Yojana?

The scheme is open to girl children born in Madhya Pradesh who belong to families with an annual income below a specified threshold and have fulfilled the necessary registration requirements.

What should be the age of the child to be eligible for Ladli Laxmi Yojana?

To be eligible, the girl child must have been born in Madhya Pradesh after January 1st, 2006 (or a later date as per subsequent revisions of the scheme).

Till when can one apply for Ladli Laxmi Yojana?

Applications for the Ladli Laxmi Yojana can be submitted until the girl child reaches the age of one year.

How to fill Ladli Laxmi Yojana Form?

The application form for the Ladli Laxmi Yojana can be obtained from Anganwadi centers or downloaded from the official website of the Women and Child Development Department of Madhya Pradesh. The form must be filled out accurately and submitted along with the required documents.

Can the adopted girl child in a family already having two girl children be eligible for the benefits under the scheme?

Yes, an adopted girl child in a family with two biological girl children can be eligible for the benefits under the Ladli Laxmi Yojana, provided she meets the other eligibility criteria.

Is the scheme applicable for all the girls of the State of Madhya Pradesh?

The scheme is not applicable to all girls in Madhya Pradesh. It is designed to support girl children from families with lower incomes and those who are orphans.

Who is not eligible under Mukhyamantri Ladli Lakshmi Yojana?

  • Girl children born before January 1, 2006.
  • Girl children whose parents have not adopted family planning after the birth of their second child.
  • Girl children whose parents are not native residents of Madhya Pradesh.

When did Ladli Laxmi Yojana start?

The Ladli Laxmi Yojana was launched in Madhya Pradesh on April 1, 2007.

Which state has implemented Ladli Lakshmi Yojana first?

Madhya Pradesh was the first state to implement the Ladli Laxmi Yojana.

Is this scheme for all girl children?

No, the scheme is specifically for girls born on or after January 1, 2006.

Is this only for Madhya Pradesh State?

Yes, the scheme is currently limited to the state of Madhya Pradesh. The girl child's parents must be native residents of the state.

Is a boy child also eligible for the benefit of the scheme?

No, the scheme is exclusively for girl children.

How many girl children can get the benefit of the scheme?

Parents with two or fewer children who have adopted family planning after the birth of their second child are eligible for the scheme.

Who is eligible for the Ladli Laxmi Scheme?

A girl child born on or after January 1, 2006, to parents who are natives of Madhya Pradesh and non-income taxpayers is eligible. The child must be registered at an Anganwadi center, and family planning must be adopted after the second child’s birth. Special cases include orphaned girls, triplets, daughters of rape victims, and children of women prisoners.

Show More Show Less

Bajaj Finserv app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

Disclaimer

As regards deposit taking activity of Bajaj Finance Ltd (BFL), the viewers may refer to the advertisement in the Indian Express (Mumbai Edition) and Loksatta (Pune Edition) furnished in the application form for soliciting public deposits or refer https://www.bajajfinserv.in/fixed-deposit-archives
The company is having a valid Certificate of Registration dated March 5, 1998 issued by the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.

For the FD calculator the actual returns may vary slightly if the Fixed Deposit tenure includes a leap year.