Loan For Women With Low Interest for Business

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There are a lot of schemes implemented by state and central government to help women start initiatives. The self-employment schemes now being implemented by many government agencies in Kerala itself are a great privilege for women who want to start self-employment initiatives. The following is such a scheme, more details such as how to apply for the scheme, eligibility criteria for applicant, features and so on.

This business loan named as sakhi shakti loan has offered for women by IDFC First Bank. This loan aimed at the upliftment of women, through which this loan can be used for various business purposes. The main advantage is that the loan is offered to women in India will be available with very simple documentation measures.

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To apply for a loan, You are required to visit IDFC First Bank branches or can be apply through field officers. Only some basic identity documents are required to apply and can be done through very simple application processes. The loan amount is Rs.23,000 to Rs.50,000, which is obtained in accordable eligibility of applicant. The repayment period ranges from 1-2 years (for loan amount Rs.15,000 to Rs.40,000). The loan amount can be repaid either weekly or twice a month.1% fee will be levied  including loan documentation enrollment charges, if the loan amount is more than Rs.25,000 .   Aadhaar card can be used as identity proof while submitting application. Click Here For Website

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