Women Entrepreneur Loan Scheme

Maximum Loan Amount

Rs 1M

Interest Rate

Loans of up to Rs 500,000 @ 0.5% p.a and above 500,000 up to 1M @ 3.0% p.a

Moratorium Period

Up to 1 year

Repayment Period

7 years including 1 year moratorium depending on project

Purpose of Loan

Financial assistance to women to set up an economic activity to sustain themselves and their families

Financing

90% of cost of project up to a maximum of Rs 500,000 OR Rs 1M.
10% own funds

Eligibility

Women Entrepreneurs or companies with women among majority shareholding.

Security

As per DBM Terms and Conditions