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.