Udyogini Scheme for Women Entrepreneurs: How to Apply, Eligibility

Udyogini Scheme 2024 Application Form|Udyogini Yojana Scheme Apply Online:-For their care and growth, the Indian government and women entrepreneurs created this scheme. The Udyogini Scheme is in place due to the Women Development Corporation of India.By providing women with financial assistance for establishing a business, this initiative promotes and supports women’s entrepreneurship among the impoverished.

This scheme encourages national growth while helping to increase family and individual income levels.To get more information regarding this scheme such as benefits,eligibility,objectives and applying process.The Udyogini program was started by the Government and Women Entrepreneurs in India for their welfare and advancement.

The Government of India’s Women Development Corporation has put the Udyogini Yojana into effect. This program encourages and motivates women’s entrepreneurship among the underprivileged by giving women financial help for running a business. The Udyogini Scheme aids in raising household and individual income levels and promotes national development.

Udyogini Scheme for Women

This initiative encourages and inspires female entrepreneurship among the impoverished by providing financial assistance to women starting enterprises. This initiative primarily supports and funds women who live in rural and poor areas. Udyogini Scheme aids in boosting an individual’s and a family’s income as well as the economic development of the country. Without discrimination or restrictions, women from all facets of society are given interest free loans. Additionally, banks offer interest free loans to female farmers who run their own businesses.

Udyogini Scheme Details in Highlights

NameUdyogini Scheme
Introduced byGovernment and Women entrepreneurs in India
Implemented byGovernment of India’s Women Development
Interest RateCompetitive, subsidized, or free for special cases
Annual Family IncomeRs. 1.5 lakh or less
Loan AmountMax. up to Rs. 3 lakh
No income limitFor Widowed or disabled women
CollateralNot required

Objective for Udyogini Scheme for Women

The major objective in putting this initiative into place is to assist women in becoming self-sufficient by launching their own businesses and microenterprises and prevent them from borrowing money for the same at high interest rates from moneylenders. In addition to offering financial aid, it also intends to offer skill building courses.

Benefits for Udyogini Scheme for Women  

The Benefits for this scheme given below:

  • To guarantee that all of our students can utilise public transportation.
  • Our students may easily access their schools or colleges with the aid of this pass.
  • which will enable them to become independent by saving time and money.
  • Make financial help more accessible to women who are SC/ST or members of other special groups.

Eligibility Criteria

The Eligibility Criteria for for this scheme is given below:

  • The applicant must be female.
  • The age range for women who are eligible now ranges from 18 to 55 up from the original restriction of 45 years for women.
  • The current income restriction is Rs.1.5 Lakhs up from the previous maximum of Rs. 40,000.
  • Loans for businesses are only available to women entrepreneurs.
  • A candidate with a high credit score who is able to make payments
  • You wouldn’t have ever missed a payment on a loan from a bank.

Required Documents   

The documents needed for this scheme is given below:

  • Passport size photographs
  • Applicant’s Aadhaar Card
  • Birth Certificate
  • Duly filled Application Form with
  • Address and Income Proof
  • Applicant’s Below Poverty Line (BPL) card & Ration Card
  • Caste Certificate, if applicable

Applying Procedure for Udyogini Scheme for Women

To proceed with the appropriate bank requirements applicants to this scheme can visit the nearest bank with the required papers and complete an application form. Candidates also have the option of applying for a loan online by visiting the official websites of the banks that provide loans under the Udyogini programme.

List of Supported Businesses under Udyogini Scheme

Agarbatti ManufacturingDiagnostic LabLeaf Cups ManufacturingRibbon Making​​
BanglesEdible Oil ShopMilk BoothShops & Establishments
Audio & Video Cassette ParlourDry CleaningLibrarySari & Embroidery Works
BakeriesDry Fish TradeMat WeavingSecurity Service
Banana Tender LeafEat-OutsMatch Box ManufacturingShikakai Powder Manufacturing
Bottle Cap ManufacturingFish StallsOld Paper MartsSoap Oil, Soap Powder & Detergent Cake Manufacturing
Beauty ParlourEnergy FoodMutton StallsSilk Thread Manufacturing
Bedsheet & Towel ManufacturingFair-Price ShopNewspaper, Weekly & Monthly Magazine VendingSilk Weaving
Book Binding And Note Books ManufacturingFax Paper ManufacturingNylon Button ManufacturingSilk Worm Rearing
Cleaning PowderGift ArticlesPhoto StudioTea Stall
Cane & Bamboo Articles ManufacturingFlour MillsPan & Cigarette ShopStationery Shop
Canteen & CateringFlower ShopsPan Leaf or Chewing Leaf ShopSTD Booths
Chalk Crayon ManufacturingFootwear ManufacturingPapad MakingSweets Shop
Chappal ManufacturingFuel WoodPhenyl & Naphthalene Ball ManufacturingTailoring
Cotton Thread ManufacturingInk ManufactureRadio & TV Servicing StationsVegetable & Fruit Vending
ClinicGym CentrePlastic Articles TradeTender Coconut
Coffee & Tea PowderHandicrafts ManufacturingPotteryTravel Agency
CondimentsHousehold Articles RetailPrinting & Dyeing of ClothesTutorials
Corrugated Box ManufacturingIce Cream ParlourQuilt & Bed ManufacturingTyping Institute
Dairy & Poultry Related TradeJute Carpet ManufacturingReal Estate AgencyWoollen Garments Manufacturing
CrècheJam, Jelly & Pickles ManufacturingRagi Powder ShopVermicelli Manufacturing
Cut Piece Cloth TradeJob Typing & Photocopying ServiceReadymade Garments TradeWet Grinding

udyogini yojana scheme apply online

Applicants to this scheme or yojana can visit the closest bank with all the necessary documentation and fill out an application form to move on with the necessary bank requirements. Another choice is for candidates to submit a loan application online by going to the official websites of the banks that offer loans under the Udyogini program.

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