Udyogini Scheme: Objectives, Eligibility, Application Process

Udyogini Scheme is a government-backed women business loan scheme aimed at encouraging self-employment women across various sectors. It provides accessible small business funding along with subsidies to support new and existing enterprises. As a low interest loan scheme, it helps women overcome financial barriers and build sustainable livelihoods. 

Meeting Udyogini Yojana eligibility allows applicants to benefit from structured financial assistance and flexible repayment terms. Through dedicated women entrepreneur support, the scheme empowers women to start or expand businesses, reduce dependency, and achieve long-term economic independence while contributing to overall development.

What is Udyogini Scheme?

Udyogini Scheme is a key government program designed to promote women entrepreneurship. It offers vital financial assistance to women who aim to establish or grow their ventures. Check below the scheme’s benefits, rules, and application steps. Understanding this program empowers women to achieve financial independence.

Objectives

The main goals are to empower women by offering financial assistance. It encourages them to start their own small businesses. This also helps reduce unemployment among women and promotes entrepreneurship in various sectors.

Udyogini Scheme Eligibility Criteria

The udyogini yojana eligibility criteria are designed to ensure that financial assistance reaches deserving women entrepreneurs with viable business plans and genuine funding needs. Mentioned here are eligibility requirements:

• Applicant must be a woman aged between 18 and 55 years

• Annual family income should generally be up to ₹1.5 lakh

• Widows, divorced, and disabled women may receive relaxation in income limits

• Applicant should have a clear and viable business idea

• No previous loan defaults with banks or financial institutions

• Must be willing to start or expand a small business or self-employment venture

Loan Amount and Subsidy

The maximum loan available is usually up to ₹3 lakhs. Subsidies are also part of the scheme. General category women may receive up to 30% subsidy, while women from SC/ST or disabled categories can get up to 50% subsidy. This scheme provides accessible funding.

Eligible Business Activities

The scheme supports a wide range of small business activities. This includes tailoring units, handicraft businesses, small retail shops, dairy farming, beauty parlors, and various food processing units. The aim is to support diverse entrepreneurial ventures for women.

 Udyogini Scheme SchemeApplication Process

The application process for the Udyogini Scheme is simple and bank-driven, ensuring that eligible women entrepreneurs can easily apply for financial assistance. Listed below are the steps to apply:

• Visit a participating bank offering the Udyogini Scheme

• Collect and fill out the loan application form

• Submit identity proof (Aadhaar, PAN, etc.)

• Provide address proof (ration card, utility bill, etc.)

• Attach income proof as required by the bank

• Submit recent bank statements

• Prepare and submit a detailed business project report

• Bank officials will evaluate the application and business viability

• Upon approval, the loan amount is sanctioned and disbursed

Key Rules of Udyogini Scheme

This section outlines the main operating rules of the scheme. It aims to foster women entrepreneur support through accessible loans.

• Financial Assistance: Women can get loans to start or expand their ventures.

• Age Limit: Applicants must be between 18 and 55 years old.

• Income Requirement: Family income must generally be below a set threshold, with exceptions for vulnerable groups.

• Business Viability: The proposed business idea must be practical and have potential for success.

• Repayment Terms: Loan repayment schedules are designed to be flexible, supporting new entrepreneurs.