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SBI Stree Shakti Scheme - Business Loan for Women Entrepreneurs

๐Ÿ—“๏ธ Scheme Start Date: 01-01-2020
๐Ÿšจ Last Date / Deadline: Ongoing

๐Ÿ“– Scheme Overview & Key Details

SBI Stree Shakti Scheme is a dedicated credit facility by State Bank of India designed to foster entrepreneurship among women. The scheme supports women who own or hold at least 51% shareholding in manufacturing, trading, retail, or service-sector businesses. SBI offers flexible credit up to โ‚น50 Lakh with an interest rate concession of 0.50% p.a. Loans up to โ‚น10 Lakh require zero third-party collateral guarantee under CGTMSE coverage, and margin requirements are lowered for capital expenditure and working capital needs.

โœ… Who Can Apply โ€“ Eligibility Criteria

โ€ขWoman entrepreneur holding minimum 51% ownership/shareholding in the business entity

โ€ขBusiness engaged in manufacturing, services, retail trade, or allied economic activities

โ€ขApplicant must have participated in Entrepreneurship Development Programs (EDP) organized by state agencies

๐Ÿ“„ Required Documents โ€“ What You Need

โœ“Aadhaar Card and PAN Card of the applicant woman entrepreneur
โœ“Udyam MSME Registration Certificate and Business License
โœ“Bank Account Statement for the last 6 months
โœ“Detailed Project Report (DPR) and financial projections

๐Ÿ“‹ How to Apply โ€“ Stepโ€‘byโ€‘Step Process

1

Step 1: Visit the nearest State Bank of India (SBI) branch or apply online via the SBI YONO Business platform.

2

Step 2: Complete the Stree Shakti business loan application and submit business registration credentials.

3

Step 3: Undergo field verification by the bank field officer followed by quick loan sanction and disbursal.

๐Ÿ“ž Help & Support โ€“ Official Contacts

Apply Online โ€“ Official Portal โ†—

Helpline / Support Office

1800112211 / customercare@sbi.co.in