Udyogini Yojana for Women Entrepreneurs: How to Apply, Check Application Form, Eligibility, Required Documents etc
To provide the financial support to women entrepreneurs, government has introduced a new scheme called Udyogini Yojana. Under this program, women entrepreneurs whose families annual income is less than rupees 1.5 lakh can get loans with a maximum amount of rupees 3 lakhs, so that they can start their businesses. Udyogini Scheme for Women Entrepreneurs is a very prestigious scheme which is implemented by the Women Development Corporation under the Government of India to help the women entrepreneurs of the country to support their business.
In this program, women entrepreneurs of the country are being motivated to give them a kind of financial security. In short, the Udyogini Yojana not only motivates young businesswomen but also gives them an opportunity to promote the development of the nation.
What is Udyogini Yojana 2024?
Udyogini Yojana is a government scheme for Women Entrepreneurs of the country to support their business whose families annual income is less than rupees 1.5 lakh. Under this scheme women b/w 18 and 55 years of age womens entrepreneur can get loans with a maximum amount of rupees 3 lakhs. Govt also give 30% subsidy over the loan. This scheme is implemented by the Women Development Corporation under the Government of India.
The scheme is all about giving financial support to the young and upcoming women entrepreneurs. One of the core features of this program is that women of undeveloped and rural areas are funded and supported through this scheme.
Udyogini Yojana 2024 Details
| Name | Udyogini Scheme |
|---|---|
| Interest Rate | Competitive, subsidized, or free for special cases |
| Annual Family Income | Rs. 1.5 lakh or less |
| Loan Amount | Max. up to Rs. 3 lakh |
| No income limit | For Widowed or disabled women |
Eligibility Criteria for Udyogini Yojana
- Applicant must be a woman.
- The applicant must be age between of 18 to 55 years.
- The annual income of the applicant must be less than rupees 1.5 lakh.
- An applicant must be a business owner
- The applicant need to have a high credit score and can make payments.
- The applicant did not take any loans from any other Financial Institution.
- The applicant must not have defaulted on any previous loan.
Documents Required
- Duly filled Application Form with passport-sized photographs
- Aadhaar Card
- Birth Certificate
- BPL card or Ration card
- Address and Income Proof
- Copy of Bank passbook
- Caste Certificate, if applicable
- Any other document required by the bank/NBFC
List of Businesses supported under Udyogini Yojana
- Agarbatti Manufacturing
- Diagnostic Lab
- Leaf Cups Manufacturing
- Ribbon Making
- Bangles
- Edible Oil Shop
- Milk Booth
- Shops & Establishments
- Audio & Video Cassette Parlour
- Dry Cleaning
- Library
- Sari & Embroidery Works
- Bakeries
- Dry Fish Trade
- Mat Weaving
- Security Service
- Banana Tender Leaf
- Eat-Outs
- Match Box Manufacturing
- Shikakai Powder Manufacturing
- Bottle Cap Manufacturing
- Fish Stalls
- Old Paper Marts
- Soap Oil, Soap Powder & Detergent Cake Manufacturing
- Beauty Parlour
- Energy Food
- Mutton Stalls
- Silk Thread Manufacturing
- Bedsheet & Towel Manufacturing
- Fair-Price Shop
- Newspaper, Weekly & Monthly Magazine Vending
- Silk Weaving
- Book Binding And Note Books Manufacturing
- Fax Paper Manufacturing
- Nylon Button Manufacturing
- Silk Worm Rearing
- Cleaning Powder
- Gift Articles
- Photo Studio
- Tea Stall
- Cane & Bamboo Articles Manufacturing
- Flour Mills
- Pan & Cigarette Shop
- Stationery Shop
- Canteen & Catering
- Flower Shops
- Pan Leaf or Chewing Leaf Shop
- STD Booths
- Chalk Crayon Manufacturing
- Footwear Manufacturing
- Papad Making
- Sweets Shop
- Chappal Manufacturing
- Fuel Wood
- Phenyl & Naphthalene Ball Manufacturing
- Tailoring
- Cotton Thread Manufacturing
- Ink Manufacture
- Radio & TV Servicing Stations
- Vegetable & Fruit Vending
- Clinic
- Gym Centre
- Plastic Articles Trade
- Tender Coconut
- Coffee & Tea Powder
- Handicrafts Manufacturing
- Pottery
- Travel Agency
- Condiments
- Household Articles Retail
- Printing & Dyeing of Clothes
- Tutorials
- Corrugated Box Manufacturing
- Ice Cream Parlour
- Quilt & Bed Manufacturing
- Typing Institute
- Dairy & Poultry Related Trade
- Jute Carpet Manufacturing
- Real Estate Agency
- Woollen Garments Manufacturing
- Crèche
- Jam, Jelly & Pickles Manufacturing
- Ragi Powder Shop
- Vermicelli Manufacturing
- Cut Piece Cloth Trade
- Job Typing & Photocopying Service
- Readymade Garments Trade
- Wet Grinding
How to Apply for Udyogini Yojana
- If you are an women and want to start your own business and full filling all the above eligibility criteria, then you can apply for this Udyogini Yojana.
- To apply for this Yojana you need to visit your nearest bank with all the required documents that already given above.
- Fill the application form with required details correctly and submit the application in the bank.
- If you want you can also submit a loan application online directly on the official website of the bank under the Udyogini program.
