Udyogini Scheme FAQ

Last contribution by Sakshi on 19 Jul 2022

Udyogini Scheme has been launched by Women Entrepreneur and Government for the welfare and growth of Indian Women entrepreneurs. This scheme encourages and motivates female entrepreneurship among the poor by providing women with financial help to do business.

Updated on : 2022-07-19 10:04:45

Sakshi

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What is Udyogini scheme?

Udyogini scheme is scheme that provides financial assistance to budding entrepreneurs in the rural heartland... Read More

Udyogini scheme is scheme that provides financial assistance to budding entrepreneurs in the rural heartland and under-developed areas of India. The Government of India under Women Development Corporation has launched the Udyogini scheme for Indian Women entrepreneurs. The scheme encourages poor women entrepreneurs with financial assistance to start their own business. Under the scheme, these women entrepreneurs can avail of liberal loans for starting their business activities under different categories.

The Udyogini scheme aims to enable women to become financially independent and support their families in rural or backward areas of our country.

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Where can I get a loan under this scheme?

Business loans offered under Udyogini schemes are offered by leading financial institutions. Some of the... Read More

Business loans offered under Udyogini schemes are offered by leading financial institutions. Some of the banks and NBFCs offering business loans under this scheme include Bajaj Finserv, Saraswat bank, Punjab and Sind Bank, Karnataka State Women’s Development Corporation (KSWDC), and many more.

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How does the Udyogini scheme work?

The Udyogini scheme is meant to harness women entrepreneurship potential by providing customized loans in... Read More

The Udyogini scheme is meant to harness women entrepreneurship potential by providing customized loans in rural or underdeveloped areas of India. The ambitious scheme is simple and follows the steps:

  • Women from targeted areas are given the necessary skills and customized business services.

  • With adequate funding sanctioned focus shifts on increased production.

  • Increased income from operations

  • Active women participation in decision making

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What are the main features of Udyogini Scheme?

The scheme extends interest free loans to women from all sections of society who are... Read More

The scheme extends interest free loans to women from all sections of society who are looking to fund their small buisnesses.

  • High value loan amount : Applicants can avail of a loan of up to Rs. 3 lakh under this scheme, provided they meet the essential eligibility criteria.

  • Loans available for 88 small – scale industries: The Udyogini loan can be availed to start buisnesses categorised under 88 small- scale industries. Some of them are fisheries, bakery, groceries, tailoring shops, libraries, incense stick manufacturing, trades related to poultry and dairies etc Interest – free under this scheme are also available for women starting a business in the agricultural sector.

  • Training for skill development: This scheme also aims to impart functional skills to women regarding business planning, pricing, casting, feasibility and more alongside financial support.

  • Up to 30% loan subsidy: The government proposed up to 30% subsidy on loans extended under this scheme to make repayment affordable for women.

  • Transparent evaluation of the beneficiary: The evaluation process of the Udyogini yojana application form ensures a transparent assessment for Beneficiary selection.

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What are the buisnesses supported under Udyogini scheme?

List of businesses supported under the Udyogini Scheme Agarbatti Manufacturing Diagnostic Lab Leaf Cups Manufacturing... Read More

List of businesses supported under the Udyogini Scheme

Agarbatti Manufacturing Diagnostic Lab Leaf Cups Manufacturing Ribbon Making​​
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
Bangles Edible Oil Shop Milk Booth Shops & Establishments
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
Bottle Cap Manufacturing Fish Stalls Old Paper Marts Soap Oil, Soap Powder & Detergent Cake Manufacturing
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
Cleaning Powder Gift Articles Photo Studio Tea Stall
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
Cotton Thread Manufacturing Ink Manufacture Radio & TV Servicing Stations Vegetable & Fruit Vending
Crèche Jam, Jelly & Pickles Manufacturing Ragi Powder Shop Vermicelli Manufacturing
Cut Piece Cloth Trade Job Typing & Photocopying Service Readymade Garments Trade Wet Grinding
Dairy & Poultry Related Trade Jute Carpet Manufacturing Real Estate Agency Woollen Garments Manufacturing
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What are the loan details under Udyogini scheme?

Udyogini Scheme Details Interest Rate Competitive, subsidized or free for special cases Loan Amount Max.... Read More

Udyogini Scheme Details

Interest Rate Competitive, subsidized or free for special cases
Loan Amount Max. up to Rs. 3 lakh
Annual Family Income Rs. 1.5 lakh or less
No income limit For Widowed or disabled women
Collateral Not required
Processing Fee Nil
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What is the eligibility criteria to apply for Udyogini Scheme?

Business Loan available for only Women Entrepreneurs Should not have defaulted on any past loan... Read More

  • Business Loan available for only Women Entrepreneurs

  • Should not have defaulted on any past loan with any financial institution

  • Applicant with good credit score and repayment capability

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How much loan I can get under the Udyogini scheme?

The maximum loan amount offered to a women entrepreneur under the Udyogini scheme is up... Read More

The maximum loan amount offered to a women entrepreneur under the Udyogini scheme is up to Rs. 3 lakh.

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What are the documents to apply for the Udyogini Scheme?

Duly filled Application Form with passport-sized photographs Applicant’s Aadhaar Card, Birth Certificate Applicant’s Below Poverty... Read More

  • Duly filled Application Form with passport-sized photographs

  • Applicant’s Aadhaar Card, Birth Certificate

  • Applicant’s Below Poverty Line (BPL) card & Ration Card

  • Address and Income Proofs

  • Caste Certificate, if applicable

  • Copy of Bank passbook (account, bank and branch names, holder name, IFSC and MICR)

  • Any other document required by the bank/NBFC

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What are the benefits of Udyogini scheme?

Some of the benefits of the scheme are: Under the scheme, 7047 women entrepreneurs are... Read More

Some of the benefits of the scheme are:

  • Under the scheme, 7047 women entrepreneurs are supported.

  • 5432 children are supported under the scheme.

  • 1698 villages are covered till now.

  • 53762 producers are engaged so far.

With a secular aim to motivate and assist women entrepreneurs in backward areas, the Government of India launched the Udyogini scheme. The scheme mainly supports the poor and illiterate women in rural areas and helps them become financially independent. Through financial assistance and imparting skill training, government women entrepreneurship and empowerment.

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