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Women Entrepreneur Loan Scheme

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

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