This scheme envisages empowerment of women to start new project or expand or mordenise the existing unit. This scheme provides assistance in the form of capital expenditure (Plant/Machinery) and also meeting day to day expenditure (working capital). This scheme is provided by the Central Bank of India.
There is a concession in rate of interest:
Loan upto Rs 10 lacs - MCLR + 0.25% Loan above Rs. 10 lacs upto Rs. 100 lacs - MCLR + 0.50% Additional Interest concession of 0.25% if account is rated by external agency.
There is nil processing fees.
The Other Benefits can be found out at: https://www.centralbankofindia.co.in/English/Cent_Kalyani.aspx
Existing and new women entrepreneurs operating in the Micro, Small and Medium Entreprises as per the MSME Act, 2006.
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