Udyami Vanita

Scheme

  • Udyami Vanita

Purpose

  • To meet business related needs including purchase of business premises, machinery, equipment, Furniture & Fixtures, Vehicles, others and to meet Working Capital Requirement of the business.

Eligibility

  • All Udyam Registered MSME entities where URC is issued in the name of a women entrepreneur.

Quantum of Loan

  • Above Rs.10 lakhs to Rs.10 Crore (including export finance)

Nature of Facility

  • FB & NFB

Margin

  • Minimum:10%

Rate of Interest

  • Starting from RBLR+0.25%

Security

  • Primary: Charge on Assets acquired by Bank Finance.

Repayment

  • Working Capital: On demand with annual review
  • Term Loans financed towards purchase/construction of business premises: Maximum 14 years excluding moratorium.
  • All other Term Loans: Maximum 7 years excluding moratorium

Benefits

  • Dedicated women RSM
  • Free Health Check Up
  • Merchant QR Code/Internet Banking/Mobile banking
  • Membership to MSME YOUNGPRENEUR CLUB

*Terms & Conditions apply. For further details, Please contact your Nearest Branch.