The special loan is for women who are involved in emerging entrepreneurial enterprises and supplementary income generating activities but suffer from shortage of capital and are not eligible for banking assistance.

Loan amount

INR 31,000- 60,000

Instalments frequency

Weekly

Fortnightly

Monthly

Number of instalments

106 Weeks

53 Fortnights

24 Months

Rate of interest

22.33% reducing, effective 01 October 2020

Processing fee

1% of the loan amount plus applicable GST

Insurance / loan processing fees

INR 4.50 for per INR 1,000 per year plus applicable GST

Admission fee

NIL

Security deposit

NIL

Penalty for repayment/ late payment

NIL