Udyogini Scheme for Women 2024: Application Form, Last Date

Udyogini Scheme :- 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.

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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.

Many commercial and public sector institutions, including Punjab and Sind Bank,Saraswat Bank and the Karnataka State Women’s Development Corporation, contribute significantly to the Udyogini Scheme.This organisation provides financial aid while also organising and carrying out professional development training programmes for women.

Overview Udyogini Scheme for Women

Name of SchemeUdyogini Scheme for Women
Launched ByGovernment of India Women Development
BeneficiariesWomens of India
ObjectiveTo providing financial assistance to women starting enterprises
Application ModeOffline

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.

Udyogini Scheme Insights

Loan amountMax amount up-to ₹3 lakh
Interest rateVery competitive (highly subsidized or free loans to special category)
Annual family income (applicant)₹1.5 lakh or less
Age limitMin. 18 years and max. 55 years
For widows or disabled womenNo income limit
CollateralNot required
Processing feesNil

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.

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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

Training for skill development

  • Business planning
  • Pricing
  • Costing
  • Feasibility of the business

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