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Udyogini Scheme

Udyogini is an innovative scheme to assist women in gaining self-reliance and economic independence through self-employment, mainly through trade and the service sector. It also provides for a subsidy on loans for undertaking business activities/ micro enterprises through banks, etc.

Ministry / Department
Woman and Child Development Department
Level
State
Benefit type
cash
Last verified: Recently

What is Udyogini Scheme?

Udyogini is an innovative scheme to assist women in gaining self-reliance and economic independence through self-employment, mainly through trade and the service sector. It also provides for a subsidy on loans for undertaking business activities/ micro enterprises through banks, etc.

Benefit
For women belonging to the Scheduled caste and Scheduled tribe, the unit cost is a minimum ₹ 1,00,000 to a maximum of ₹ 3,00,000. The subsidy is 50% of the loan amount, income limit of the family should be below ₹ 2,00,000 per year. For women belonging to the special category and general category maximum unit cost is ₹ 3,00,000. Subsidy for special category women and for general category women is 30% or a maximum of ₹ 90,000/-. With EDP training for selected beneficiaries.
Level
State — Karnataka
Ministry / Dept.
Woman and Child Development Department
Benefit type
cash
Key eligibility
1. The applicant should be a woman. 1. The family income of the applicant should be less than ₹ 1,50,000/- for women belonging to general and special categories. No limit on family income for widowed or disabled women. 1. The age of the applicant should be between 18 to 55 years for all categories.
Last verified
Recently

Benefits

For women belonging to the Scheduled caste and Scheduled tribe, the unit cost is a minimum ₹ 1,00,000 to a maximum of ₹ 3,00,000. The subsidy is 50% of the loan amount, income limit of the family should be below ₹ 2,00,000 per year. For women belonging to the special category and general category maximum unit cost is ₹ 3,00,000. Subsidy for special category women and for general category women is 30% or a maximum of ₹ 90,000/-. With EDP training for selected beneficiaries.

Eligibility

1. The applicant should be a woman. 1. The family income of the applicant should be less than ₹ 1,50,000/- for women belonging to general and special categories. No limit on family income for widowed or disabled women. 1. The age of the applicant should be between 18 to 55 years for all categories. Area: KarnatakaBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Offline application — step 1

      Step 1: To apply for a business loan, the applicant can visit the nearest bank with all the required documents and fill out an application form to proceed with bank formalities. The application forms are available in the offices of the Deputy Director/CDPO, and also on the official website of the banks offering loans. Alternatively, it can be downloaded from the website of the corporation www.kswdc.com.

    2. Step 2: Offline application — step 3

      Step 2: The completed application form along with the required documents has to be submitted to the nearest bank / KSFC branch. The bank / KSFC officials will verify the documents and the project proposal and then process the loan application. Banks send a request letter to the Corporation for the release of subsidy, and the bank then releases the loan amount.

    3. Step 3: Offline application — step 5

      Step 3: Once the loan application is approved, the loan amount is disbursed to the applicant's bank account or directly to the supplier's account for the machinery, equipment, or any other capital expenditure.

    4. Step 4: Online application — step 1

      Step 1: The applicants can apply for loans online by visiting the official website of banks offering loans under the Udyogini scheme. CDPO examines applications and forwards them to Selection Committee after spot verification.

    5. Step 5: Online application — step 2

      The selection committee examines and forwards to Banks to release the loan.

    6. Step 6: Online application — step 4

      Step 2: The bank / KSFC officials will verify the documents and the project proposal and then process the loan application. Banks send a request letter to the Corporation for the release of subsidy, and the bank then releases the loan amount.

    7. Step 7: Online application — step 6

      Step 3: Once the loan application is approved, the loan amount is disbursed to the applicant's bank account or directly to the supplier's account for the machinery, equipment, or any other capital expenditure.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

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