Udyogini

To provide hassle-free financial assistance to the Women Entrepreneurs for a New Venture / Business Expansion.

Finance available for New Venture / Business Expansion by Women Entrepreneurs.

Repayment Tenure:
Term Loan will be repayable upto 84 Months.

Margin :

In working capital facility, Upto 25%
In Term loan facility, upto 15%

Maximum Loan Amount Limit - Rs.10.00 Lakh

Eligibility :

Women Entrepreneurs who are our existing customers/ who are introduced by our known customers.
Women Entrepreneurs who are in business for a minimum period of 1 year before the date of application.
Women Entrepreneurs having relevant qualification / experience required for the activity.

Subscription to Bank's Share - Membership:
"A " class membership @ 1% of loan amount.
Subscription to Bank's Share - Membership:

Processing fee :
0.25% of Loan Amount

>> MINIMUM DOCUMENTATION:

KYC
Financial Documents
Any other documents required by the Bank.

In adherence with RBI Notification no. DoR.MCS.REC.28/01.01.001/2023-24 dated 18/08/2023,
Penal charges for delay in payment of interest/ instalment , non-compliance or delay in compliance of critical terms of sanction and takeover of loan by other bank/ NBFC would attract penal charges @ 3.25% on the sanction amount in case of Working Capital limit and on the outstanding amount in case of term loan limit.

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