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Home >> Loan >> Loan schemes for minority community >> Loan to Women  >> >> Oriented Mahila Vikas Yojana
Oriented Mahila Vikas Yojana
     
 
Purpose:
To meet Credit needs of Women Entrepreneur.
 
Eligibility:
Women Entrepreneurs enterprise consisting of all units managed by one or more in proprietary concerns or in which she/they individually or jointly have a share capital of not less than 51% as partners/ shareholders/ directors of a private ltd. company/members of a co-operative society.
 
Amount of Loan:
Need Based
 
Security:
No collateral security upto Rs.10 lacs and in case of SSI no collateral security required up to Rs.25 lacs.
Only Hypothecation of Assets created out of Banks finance be taken as security.

Click Here for Rate of Interest
 
Margin:
 
SSI Other than SSI

As applicable under the SSI Segment.
Upto 25000 - NIL
Above 25000 - 15%
To 25%
Depending upon the quantum & purpose of loan.
 
In case of SSI
As applicable under SSI Segment.
 
Other Than SSI
  • Upto Rs. 2 lacs at PLR
  • Above Rs. 2 lac & up to Rs. 10 lacs at PLR +1.5%
  • Above Rs. 10 lacs at PLR +2.5%
 
Repayment:
Maximum upto 7 Years
 
Click here to view PLR Rates
 
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 For unresolved queries- 011-25718132