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Overview

Women empowerment Loan Scheme tailored to women across all sectors – Individual, sole proprietors, partnership, small, medium, and large enterprises (WSME).


Key Benefits

  • Mini POS/POS shall be issued for required customers.
  • A credit card shall be issued.
  • Current account with a cheque book.
  • Introducing an online international platform for market the products relevant customer base at bank’s cost.
  • Ability to obtain the loan against NCGI guarantee.

Terms and conditions apply


Eligibility

To be eligible for the scheme, at least one of the following criteria should be fulfilled:

  • If an individual borrower, individual should be a female  
  • In the case of joint borrowers, more than 50% of the borrowing party/ies should be females  
  • Sole proprietorship where the owner is a female  
  • Partnerships where more than 50% of the partners are females 
  • In the case of limited liability companies, more than 50% ownership should lie with one or more female Directors
Type Loan Amount Repayment
Investments loan Minimum Rs 1 Mn up to maximum of Rs 50 Mn 120 Months (Capital grace period up to 12 months)
Working capital loan Minimum Rs 1 Mn up to maximum of Rs 25 Mn 60 Months (Capital grace period up to 06 months)

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