Fueling Ambition, Funding Success
Exclusive financial support designed to help women-led businesses thrive and scale.
The Bharat Vanita Udyami scheme is a dedicated credit facility designed to promote women's entrepreneurship. It provides accessible capital for starting new ventures, managing working capital, or expanding existing operations. By offering competitive rates and streamlined processes, we aim to bridge the financial gap for women leaders, helping them build sustainable businesses that contribute to the nation’s economic growth.
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- Purpose: This loan is for Women to meet the credit needs of Trade, Commercial Activity, Other General Business Profession OR for any Productive Purpose & for working capital requirement.
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Loan Amount: Maximum limit of ₹200 Lakh.
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Nature of Facility: Includes both Fund-Based (Term Loans/Cash Credit) and Non-Fund Based limits.
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Repayment Period / Validity:
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Term Loan: Maximum tenure of 120 Months (10 years), inclusive of any sanctioned gestation or moratorium period.
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Working Capital / Non-Fund Limits: Valid for one year, subject to annual review and renewal.
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Margin Requirements (Minimum):
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Term Loan: Minimum 20% of the project cost.
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Cash Credit: 25% on current assets.
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Security:
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Primary/Collateral: Term Loans require a charge on assets created out of Bank finance; Working Capital limits are secured by current assets.
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Additional Security: Immovable properties, Fixed Deposits, or any other security acceptable to the Bank.
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Target Entities:
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Women Entrepreneurs running a proprietary concern.
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Partnership Firms where the majority of partners are women.
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Limited Liability Partnerships (LLPs) or Private Limited Companies where women directors hold at least 51% of the shareholding.
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Co-Applicants: All joint owners of the property offered as security must be included as Co-applicants or Joint Borrowers.
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Guarantors: Required on a case-to-case basis.
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Business Proof: GST registration, Udyam Aadhaar, and relevant Trade Licenses.
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Financial Documents: Audited financial statements, Income Tax filings, and GST returns.
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Project Details: Purchase orders from customers, supplier invoices, or a project report for expansions/new equipment.
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End-Use Confirmation: Documentary evidence confirming that the funds will be used for the sanctioned purpose.
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Can I get a loan if my company has male directors? Yes, provided the women directors hold at least 51% of the shares in the Private Limited Company or LLP.
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Is there a moratorium period? Yes, the 120-month tenure for term loans includes a gestation or moratorium period based on the project's needs.
Service Charges, Margin & Rate of Interest :
- As Applicable from time to time