Loan to Women Entrepreneur for setting up Manufacturing unit

Operated by
Ministry of Finance, Government of India - Dept. of Financial Services
Purpose
To support the women entrepreneurs to start their own enterprise and become self sufficient
Probable duration
-

Eligibility

  • Women entrepreneur, above 18 years of age
  • Loans under the scheme is available only for greenfield project. green field signifies, in this context, the first time venture of the beneficiary in the manufacturing sector
  • in case of non-individual enterprises , 51% of the shareholding and controlling stake should be held by women entrepreneur
  • The company must be a registered LLP, Partnership or individual entity
  • The age of the company must not exceed 5 years
  • The product must be related to commercialisation
  • Annual turnover must be less or equal to 25 crores
  • Certification from DIPP

Benefit Description

Stand-up india scheme | Loan to women entrepreneur for setting up manufacturing unit

Application process

  • Application form is given in the following link : https://www.standupmitra.in/Home/Downloads
  • Other Details

    Conditions if Any
    • The loan is repayable in 7 years with a maximum moratorium period of 18 months
    • The rate of interest would be lowest applicable rate of the bank for that category (rating category) not to exceed (base rate MCLR + 3% tenor premium)
    More Information
    Annexure Link: -
    Link:
    https://www.standupmitra.in/Home/SUISchemes 

    File: -