Vijaya Bank

Name of the loan : V Mangala
This is a term loan for working women. It helps to purchase consumer items jewellery two wheelers and cars. The amount of the loan is 3 lakhs (maximum) or 15months of the gross salary. The attraction is that the interest rate is one percent less to the usual lending rate. The incentives offered are free credit card facility (no charge for subscription) & an accident death insurance which cover the loan amount.


Dena Bank

This bank has special schemes to finance women entrepreneurs. Walk into the bank for assistance. Some incentives offered are .5% concession in the interest rate. No processing fee, easy payment options and no penalty for repayment. The loan amount is up to 5 lakhs women entrepreneurs who are professionals. The loan is also extended to artists, small and medium cottage industries run by women


State Bank of India

Name of the loan : Stree Sakthi Package
This is a special offer of loans to women entrepreneurs. It gives concessions in promoters margin and rate of interest .The aim of the scheme is to inspire women to start new ventures. No security is needed for loans up to 5 lakhs for industrial units.

Bank of India

Name of the loan : Priyadarshini
This is a facility offered to women to set up small, village and cottage industries. The loan covers the payment for machiery. There is a one percent cut in the interest rate for loans above 2 lakhs.


Canara Bank

Name of the loan : Can Mahila
This is a loan to meet the financial need of women. It can be used to buy house hold articles, gold, jewellery computers etc. Women between the age 18 to 55 can avail this loan. They can be house wife. working or self-employed. The present rate of interest is11.5percent .For salaried and self employed the loan limit is 50,000and for non workers with an annual family income it is 25,000 and 50,000 for women with a family income of 1.5lakhs.


Union Bank of India

Name of the loan : VIKLANG MAHILA VIKAS YOJANA
This is a special scheme for handicapped women for starting their own vocations. Physically handicapped women are identified and after providing vocational training according to their aptitude financial assistance of 25,000 is offered to start the new vocation.


UCO Bank

Name of the loan : Nari Sakthi
This scheme is to provide financial assistance to salaried women .Concession is offered on interest and the repayment is in 5years in equated instalments. This is a modified version of UCO Cash scheme.


Central Bank of India

Name of the loan : Cent Kalyani
This is a scheme launched to benefit the women entrepreneurs and to the requirements of women professionals.


Orient Bank of Commerce

Name of the loan : Orient Mahila Vikas Yojana
In this special scheme for the benefit of woman entrepreneurs. The loan amount is offered between 2 and 10 lakhs with a 2 percent concession in intreest. Loans above 10lakhs are also offered at 1percent concession. Entreprises consisting of all units managed by women and have a share of 51 percent are eligible for this loan. In case of term loans, the repayment period is up to seven years with a maximum grace period of 12 months depending on the nature of the activity.


ICICI Bank

Name of the loan : Women's account
This is a scheme formulated by the new generation bank for women. Under the scheme any women, with any relative having an account in the bank can open an account without any documentation.