SBI Stree Shakti Yojana 2024, State Bank is Giving Loan of Rs 25 Lakh to Women

SBI Stree Shakti Yojana 2024
SBI Stree Shakti Yojana 2024

SBI Stree Shakti Yojana 2024

The government keeps Introducing new schemes from time to time to make the women of the country self-reliant and empowered. State Bank of India, India’s largest bank, has launched a scheme in collaboration with the Government of India to make women self-reliant and empowered, which we know as Stree Shakti Yojana. Under this scheme, women who want to start their own business are given loans at very low interest. Women can use this loan to start their own business.

This scheme has been started so that women do not face any kind of problem in starting employment. If you are also a woman and want to take advantage of the Stree Shakti Yojana run by State Bank of India, then read this article completely. Here you are being given all kinds of detailed information about this scheme.

SBI Stree Shakti Yojana 2024: Overview

Name of the scheme

SBI Stree Shakti Yojana 2024

Who started it

Government of India

beneficiary

All the Women of the country

Objective

To help all the women of the country Getting self-reliant and empowered

Year

2024

SBI Stree Shakti Yojana 2024: Eligibility Criteria


  • women who are permanent residents of India can apply for this scheme.

  • the age of the woman applying must be minimum 18 years.

  • Under this scheme, only those women are eligible whose participation in the business is 50% or more.

  • women already doing small scale business are eligible for this scheme.

About Yojana


  • state Bank of India has started this scheme with the Central Government, under which work will be done to make women self-reliant and empowered. Through this scheme, any woman who wants to do her own business or employment can get a Loan of up to Rs 25 lakh at very low interest through the bank. You have to pay very little interest on this loan.

  • Under this scheme, women are given loans for any business only when they have 50% or more participation in that business. Under this scheme, women do not need to give any kind of collateral or guarantee if they take a business loan up to Rs5Lakh. If they take a loan ranging from Rs 5 lakh to Rs 25 lakh, then women have to give a guarantee.

Objective

the main objective of starting this scheme is to make the women of the country self-reliant and empowered so that they can move forward in the field of business and trade. For this, SBI Bank gives loans up to Rs 25 lakh to women at very low interest rates so that women become self-reliant and start their own business. When women try to realize their dreams, the bank will also help them, this will improve the economic and social condition of women in the society.

Benefits


  • state Bank of India is providing loan facility to the women of the country to start business.

  • under this scheme, any woman can start her own business by getting a loan at a very low interest rate.

  • under this scheme being launched by State Bank of India, loan up to Rs 25 lakh is given.

  • different interest rates are charged according to different categories and different businesses.

  • If any woman takes a business loan of more than Rs2Lakh, then she has to pay 0.5% less interest.

  • No guarantee is required for loans up to Rs5Lakh.

  • Under this scheme you can take a loan ranging from Rs5Lakh to Rs25 lakh.

  • Through the scheme, women doing small industries in rural areas will get a chance to make their business bigger.

Businesses included in SBI Stree Shakti Yojana


  • trade in agricultural products

  • soap and detergent business

  • dairy business

  • clothing manufacturing business

  • papad making business

  • sale of fertilizers

  • cottage industry

  • cosmetic items

  • beauty Parlor business

Required Documents


  • applicant’s Aadhar card

  • Address proof

  • identity card

  • Company Ownership Certificate

  • application form

  • Bank statement

  • ITR of last 2 years

  • income certificate

  • mobile number

  • passport size photo

  • Business Plan Profit and Loss Statement

How to Apply


  • To apply, firstly you have to visit the nearest branch of State Bank of India.

  • Then you have to go and tell that you want to apply under SBI Stree Shakti Yojana.

  • The bank employees will give you information about this business loan and ask you some information.

  • After that you will be given an application form to apply under this scheme.

  • In this many types of information will be asked from you

  • You have to enter all the information carefully and paste the passport size photo and signature at the right place.

  • You have to submit this application form to the bank along with all the necessary documents.

  • The bank examines your application form within a few days and after verifying it, approves your loan amount.

  • In this way, you can avail its benefits by applying under State Bank of India Stree Shakti Yojana.

FAQ

  • How much Loan Amount SBI will give will give under SBI Stree Shakti Yojana 2024?

Under this scheme SBI will give an amount of Rs25 Lakh.

  • What is the mode of Applying Kisan SBI Stree Shakti Yojana 2024?

Candidate can Apply offline through Near SBI branch.

  • What is the main objective SBI Stree Shakti Yojana 2024?

To help all the women of the country financially.

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