📖 Scheme Overview & Key Details
Baroda Mahila Pragati Scheme is a specialized credit program offered by Bank of Baroda to empower female entrepreneurs, retail business owners, and Joint Liability Groups. The scheme provides working capital loans, machinery term loans, and business expansion credit up to ₹25 Lakh with concessional interest rates. Bank of Baroda waives processing charges for small loan limits and provides flexible repayment options to support female-led MSME growth.
✅ Who Can Apply – Eligibility Criteria
•Women proprietors, partners, or directors holding at least 51% ownership in the firm
•Self-Help Groups (SHGs) and micro-enterprises managed actively by women
📄 Required Documents – What You Need
📋 How to Apply – Step‑by‑Step Process
Step 1: Apply via Bank of Baroda digital portal or visit the nearest Bank of Baroda branch.
Step 2: Submit business profile details along with KYC and MSME registration proofs.
Step 3: Undergo credit evaluation for quick loan approval and direct account disbursal.
📞 Help & Support – Official Contacts
Helpline / Support Office
18005700 / customer.care@bankofbaroda.com