Specialised loan for women entrepreneurs
Quantum of loan: Min ₹2 lakh , Maxm- No ceiling, need based finance to MSME
NIL processing charges up to ₹200 lakh
Online application available
Union Nari Shakti can be availed by all Women owned and managed MSMEs with at least 51% of shares owned by women. SHGs having Udyam registration can also apply for Union Nari Shakti Loan.
The Minimum loan amount is ₹2 lakh and No ceiling on Maximum loan amount, need based finance to MSME (Rs 20 lakh for SHGs.)
The minimum margin required under union Nari Shakti scheme is 5 % (for loans upto Rs.100.00 Lacs) and 15% (for loans above Rs.100.00 Lacs)
Exposure up to Rs.500.00 Lacs can be covered under CGTMSE without any collateral security. 25% Collateral security for other cases.
Union Bank of India is offering the finance to Women Entrepreneurs with very competitive features along with lower interest and margin requirements in the industry.
