Small Business Loans Schemes for Women Entrepreneurs in India

Women are giving their best in every sector. Now the Indian women are capable of doing anything. They have the ability to take responsibilities in support of men. They are able to handle all the household work, other outdoor activities and run the business as well. Women prove their selves that they can deal with every kind of work. They can be able to make a brighter future for her and their loved one. Lenders offers Small business loans for the women who have a business but not have the fund to operate that.

Banks and NBFCs offer business loan for women which are designed for them. Many NBFCs have a particular department for the women to support and grow their business. They offer a lot of Small business loans for women schemes. And provide business loan with Low-interest rate and flexible repayment options.

Small Business Loan Schemes for the Women offered by Lenders in India

 

Best Small business loans for women in India are as follows:-

 

•         Annapurna Scheme

•         Dena Shakti Scheme

•         Cent Kalyani Scheme

•         Stree Shakthi Package for Women Entrepreneurs

•         Udyogini Scheme

•         Mahila Udyam Nidhi Scheme

Annapurna Scheme:

As the Name explains, This Scheme is specially designed for the Food and Catering units. An Individual or in Partnership catering or food corporation firm can apply for a Business loan under Annapurna Scheme. With this scheme an applicant avail the largest amount of Rs.50, 000 for her business.

 

Dena Shakti Scheme:

Dena Shakti Scheme is offered by Dena Bank to promote the women owned business. Dena Bank provides the business loan for the Indian women to grow their business. In this Scheme, an applicant can avail the concession of 0.25% on her business loan. Women from Agriculture and manufacturing sector can apply for a business loan under this scheme.

Cent Kalyani Scheme:

 

Central Bank of India offers Cent Kalyani Scheme to promote the business of women. This scheme allows new and experienced women entrepreneurs to apply for Small Business Loan.

 

Stree Shakthi Package for Women Entrepreneurs:

This loan scheme is offered by SBI bank. It’s also known as SBI Stree Shakti Package for women Entrepreneurs. Women in retail sector, manufacturing or services and women professional can apply for this Loan. SBI set the limit for the applicable amount for the particular sector and provide the loan on the basis of their profile. The guidelines for Stree Shakti Package are as follows:

 

v  For women professionals- Rs. 50,000 to Rs. 25 Lakhs

v  For Small Scale Industries (SSI) - Rs. 50,000 to Rs. 25 Lakhs

v  For Business Enterprises- 50,000 to Rs. 2 Lakhs

v  For Retail traders- 50,000 to Rs. 2 Lakhs

Udyogini Scheme:

Udyogini Scheme is offered by Punjab and Sindh Bank. It'sfor supporting women entrepreneurs in India. Women in the retail sector, self-employed, professional and business enterprises can apply for this loan. Business owner women can apply for Udyogini Loan scheme online at enlightened terms and Low-interest rate.

Mahila Udyam Nidhi Scheme:

This loan Scheme is Offer by Bank of India(BOI) to provide the Financial support to the Women entrepreneurs in India. Under Mahila Udyam Nidhi(MUN) scheme a women borrower can avail the loan amount of Rs. 10 Lakhs to set the new industrial business in SSI sector.

In modern era, women prove thereselves and achieve new level of of success. Indian Government, Bank and NBFCs also help women entrepreneurs to target their goals. Bank and NBFCs offer so many Small Business Loan schemes for women to fulfill their dreams.

A women entrepreneur can apply for above business loans hassle free with Banknomics. Banknomics tied up with more than 40 banks and NBFCs to offer best business loan services. If you are looking for best financial advice on how to get business loan in India then feel free to contact us.