January 26, 2016 2:04 pm | | Leave your thoughts
Money is crucial for any business. Vijaya Bank offers business loans to women entrepreneurs without collaterals.
Loans For Women Entrepreneurs Without Collateral by Vijaya Bank
- Credit facilities to Women Entrepreneurs-Small Business, Professional /Professional / Self Employed/Retail Trade
- (Term Loan / Working capital) upto 5 lakhs at Low interest rates
- Loans can be availed by women for both proprietary / partnership firms. Resident individuals who are customers are eligible.
- If the business is on partnership basis the contribution of the women should be more than 51 %.
- Lending normsCeiling on Maximum finance- Rs.5.00 lacs.
- Margin upto Rs.25000/- : NIL
- over Rs.25000/- : 15 %Security-against Stock
- Small Scale Industry – Upto Rs. 5.00 lakh -Against Stock
For details check out – V Swashakti Scheme
Categorised in: Inform