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KBL Mahila Udyog

mahila-udyog

Eligibility Criteria:

  • Individuals (Women).
  • Firm/Company where at least 51% of the shareholding and controlling stake is held by Woman entrepreneur.
  • Women Self Help Group.

Purpose:

  • For meeting credit requirement for any income generating activity.

Maximum Amount:

  • Working Capital: Maximum up to ₹2 lakh.
  • TL/DPN: Maximum up to ₹10 lakh (including the working Capital limit under the scheme and the overall exposure under MSE should not exceed ₹10 lakh per borrower).

Maximum period of Loan:

  • OD : 12 months.
  • DPN : Up to 34 months.
  • TL : Up to 120 months

Security:

  • Hypothecation of assets created with Bank finance.
  • CGTMSE coverage wherever permissible.

Repayment:

  • OD : As per OD rules.
  • DPN/TL: In EMI OR, in equal monthly installments + Interest as & when debited.

Margin:

  • 15% - 30%.

Rate of Interest:

As per MCLR guidelines

The above information is subject to terms and conditions.For more details, please contact the nearest Branch

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