Udyogini Scheme: Get ₹3 Lakh Loan with 0% Interest for Karnataka Women
The Udyogini Scheme is a government loan program designed to promote women entrepreneurship by providing financial assistance for business startups. This initiative supports self-employment opportunities for women in rural and semi-urban areas by offering interest-free loans up to ₹3,00,000.
Key Features of the Udyogini Scheme
- Loan Amount: Women can avail loans up to ₹3,00,000 to start their own business.
- Subsidy Benefits:
- General Category: 30% subsidy, up to ₹90,000.
- SC/ST Women: 50% subsidy, up to ₹1,50,000.
- Business Sectors Covered:
- Agriculture-based businesses
- Handlooms & handicrafts
- Small-scale industries
- Retail & service sectors
Eligibility Criteria
To qualify for the Udyogini Scheme, applicants must meet the following requirements:
- Gender: Exclusively for women entrepreneurs.
- Age Limit: 18 to 55 years.
- Income Limit:
- General category: Family income should be below ₹1,50,000 per year.
- No income limit for widowed, disabled, or divorced women.
- Training Requirement: Some businesses may require prior training or experience.
Required Documents
To apply for the Udyogini Loan, applicants need:
- Aadhar Card / Voter ID (Identity proof)
- Passport-size Photos
- Ration Card / Electricity Bill (Address proof)
- Income Certificate
- Caste Certificate (for SC/ST women)
- Business Plan or Project Report
- Training Certificate (if applicable)
How to Apply for the Udyogini Scheme
The application process is mainly offline:
- Visit Karnataka One, Bangalore One, or Gram One Centers.
- Collect and Fill the Application Form.
- Submit Required Documents.
- Financial Evaluation & Loan Approval.
Benefits of the Udyogini Scheme
- Zero-interest loan for Karnataka women.
- Financial independence through business ownership.
- Government subsidy reduces repayment burden.
- Boosts local economy & rural development.
- Encourages skill development & women empowerment.
For the latest updates, visit the official government portal or the nearest Karnataka One center. Apply now and start your entrepreneurial journey!