Udyogini Scheme:- The Udyogini Scheme is a social security scheme started by the Government and Women Entrepreneurs. The objective of this scheme is to encourage and motivate underprivileged women’s entrepreneurship. Under this scheme, the central government will financial help for running a business for underprivileged women’s entrepreneurship.
Today in this article we are going to discuss everything about the scheme like its eligibility criteria, required documents, objectives, benefits, important highlights, the application process, etc. So to know more stay connected with us.
Udyogini Scheme
- There are lots of businesswomen who have the potential to start and run their businesses but are not able to start due to financial issues.
- To help and encourage all those women the central government, the Department Of India’s Women Development, Govt Of India has started the Udyogini Scheme.
- Under this scheme, the central government will provide loans to the beneficiaries at a lower interest rate than the private financial institutions.
- To avail of the benefits of this scheme, the annual income of the applicant should be less than Rs 1.5 lakhs, and the age of the beneficiary should be between 128 years to 55 years. Under this scheme, the beneficiary can avail of loans upto Rs 3 lakhs to start their own business.
| About | Udyogini Scheme |
| Started By | Central Government Of India |
| Implemented By | Government of India’s Women Development |
| Concerned Authority | Government and Women entrepreneurs in India |
| Objective | To Provide Financial Assistance To Run & Start a Business |
| Beneficiary | Women Of India |
| Loan Amount | Upto Rs 3 lakhs |
| Official Website | Click Here |
Objectives Udyogini Scheme
The objectives of the Udyogini Scheme are:
- To encourage and promote the businesswomen of our country.
- To make women self-dependent by helping them by setting up their own businesses.
- EDP training will be provided to upskill their skills.
Benefits Of The Udyogini Scheme
- Department India’s Women Development, Government Of India has started the Udyogini Scheme for the business women of our country.
- Under this scheme, to encourage and promote women’s self-employment the government of India will provide loans to the applicants.
- Applicants can get loans from banks and other financial institutes.
- Applicants can get loans upto Rs 3 lakhs at a low interest rate as compared to private banks.
- EDP training will be provided to the beneficiaries to increase their skills.
Eligibility Criteria
The eligibility criteria for Udyogini Scheme are as follows:
- The applicant should be a woman.
- The age of the applicant should be 18 years to 55 years.
- The annual income of the applicant should be less than Rs 1.5 lakhs.
- Only women business owners are eligible for business loans.
- The applicant who has a high credit score and can make payments
- Ideally and the applicant should not have defaulted on any previous loans from financial institutions.
Documents Required
The following documents are needed to apply for Udyogini Scheme:
- Aadhaar Card
- Birth Certificate
- Duly filled Application Form
- Residence Proof
- Income Proof
- BPL card
- Ration Card
- Caste Certificate, if applicable
- Copy of Bank passbook
- Any other document required by the bank/NBFC
- Passport size photographs
List Of Supported Businesses Under the Udyogini Scheme
| Agarbatti Manufacturing | Diagnostic Lab | Leaf Cups Manufacturing | Ribbon Making |
| Bangles | Edible Oil Shop | Milk Booth | Shops & Establishments |
| 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 |
| Bottle Cap Manufacturing | Fish Stalls | Old Paper Marts | Soap Oil, Soap Powder & Detergent Cake Manufacturing |
| 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 |
| Cleaning Powder | Gift Articles | Photo Studio | Tea Stall |
| 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 |
| Cotton Thread Manufacturing | Ink Manufacture | Radio & TV Servicing Stations | Vegetable & Fruit Vending |
| 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 |
| Dairy & Poultry Related Trade | Jute Carpet Manufacturing | Real Estate Agency | Woollen Garments Manufacturing |
| Crèche | Jam, Jelly & Pickles Manufacturing | Ragi Powder Shop | Vermicelli Manufacturing |
| Cut Piece Cloth Trade | Job Typing & Photocopying Service | Readymade Garments Trade | Wet Grinding |
How To Apply For the Udyogini Scheme?
- Interested applicant who wants to apply for the Udyogini Scheme and get the benefits of this scheme have to visit their closest bank with all the necessary documents.
- Take the applicant form from the bank authority or you can apply online through the official website of the bank by submitting a loan application online.
NOTE:- Stay connected to our website Yojanasarkari for information about any scheme related to the Central Government and State Government scheme
FAQ
What is the Udyogini Scheme?
Udyogini Scheme is a social security scheme started by the Government and Women Entrepreneurs. The objective of this scheme is to encourage and motivate underprivileged women’s entrepreneurship.
Eligibility Criteria For the Udyogini Scheme?
- The applicant should be a woman.
- The age of the applicant should be 18 years to 55 years.
- The annual income of the applicant should be less than Rs 1.5 lakhs.
- Only women business owners are eligible for business loans.
- The applicant who has a high credit score and can make payments
- Ideally and the applicant should not have defaulted on any previous loans from financial institutions.
Documents Required For Udyogini Scheme?
- Aadhaar Card
- Birth Certificate
- Duly filled Application Form
- Residence Proof
- Income Proof
- BPL card
- Ration Card
- Caste Certificate, if applicable
- Copy of Bank passbook
- Any other document required by the bank/NBFC
- Passport size photographs
How To Apply for the Udyogini Scheme?
You can apply for the Udyogini scheme by visiting your nearest bank or you can apply online through the official website of the bank by submitting a loan application online.
