Finance available for New Venture / Business Expansion by Women Entrepreneurs
Term Loan will be repayable in maximum 7 years.
a. In working capital facility, Upto 25%
b. In Term loan facility, upto 15%
Maximum Loan Amount LImit - Rs.10,00,000/-
a. Women Entrepreneurs who are our existing customers/ who are introduced by our known customers.
b. Women Entrepreneurs who are in business for a minimum period of 1 year before the date of application.
c. Women Entrepreneurs having relevant qualification / experience required for the activity.
Subscription to Bank's Share - Membership:
"A " class membership @ 2.5% of loan amount.
Processing fee :
0.25% of Loan Amount
1. Loan Application form
2. Self Attested Xerox copies of below mentioned documents:
a. Bank Account Statement / Pass Book for at least 1 year in case of existing business.
b.Ration Card / Telephone Bill / Society Maintenance Bill (Any one)
c. PAN card
d. Latest Income Tax Return (as applicable)
e. Photographs of the Applicant/Guarantor.