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Sunday 24 December 2023

SBI Stree Shakti Yojana 2023: 25 Lakh Rupees Loan

SBI Stree Shakti Yojana 2023: Stree Shakti Yojana 2023 by SBI (State Bank of India) to help the women of the country to move forward in the field of industry. this scheme, such as its eligibility criteria, required documents, objectives, benefits, important points, application process, etc. Stay connected with us for more information

SBI Stree Shakti Yojana 2023: Highlight

Name of the SchemeSBI Stree Shakti Yojana 2023
BeneficiaryAll the women of the country who want to start their own business
ObjectiveSelf-reliance for the women of the country
benefitLoan from bank at low interest rate to start own business
Loan AmountRs. 50,000 to Rs. 25 lakhs
Application ProcessOnline

Required Documents

  • Applicant’s Aadhaar Card
  • Address proof
  • identity card
  • Company Ownership Certificate
  • application form
  • Bank statement and necessary documents of the company if it is a partner
  • ITR of last 2 years
  • income certificate
  • mobile number
  • passport size photo
  • Business Plan Profit and Loss Statement with Proof

Features of SBI Shri Shakti Yojana

  • In the current business landscape, the number of women involved in entrepreneurial ventures continues to grow. However, financial constraints often impede their progress. To address this issue, State Bank of India has introduced a loan scheme specifically tailored to women. Through SBI Stri Shakti Yojana, women are given loans to start their own businesses.
  • The loan amount can go up to ₹20 lakh, enabling aspiring women entrepreneurs to bring their business ideas to life. Existing business women can also avail loans up to ₹50 lakh. Additionally, this government-backed scheme offers loans at very low interest rates and eliminates the need for extensive documentation or collateral.

SBI Shri Shakti Yojana 2023: Eligibility Criteria

  • Only women are allowed to apply for this scheme.
  • A woman applying for a loan must have 50% or more ownership in the business.
  • Women business should participate in development programs organized by state agencies.
  • The scheme is open to all business categories including small and large enterprises.
  • Women doctors can use these loans to set up clinics or invest in various business ventures.
  • The female applicant must be a permanent citizen of India.
  • Minimum age requirement for applicants is 21 years.
  • Business categories included under SBI Shri Shakti Yojana 2023

How To Apply For SBI Stree Shakti Yojana 2023

If you want to apply under the Stree Shakti Yojana, then you are told the following steps about how to apply, by following which you can apply under the SBI Stree Shakti Yojana 2023.

  • To apply in this, first of all you have to go to your nearest branch of State Bank of India.
  • By going there you will have to talk to the employees about this type of loan
  • The staff will give you all important information related to this loan
  • After that you will be given an application form to apply in it
  • You have to fill all the information asked in the application form correctly
  • After that the photocopies of all the above documents have to be attached below this form
  • After this it will be submitted to the staff of your bank
  • Bank officials will check and verify your application form
  • If your loan is approved, the loan amount will be credited to your bank account within 24 to 48 hours.
  • Thus you can apply under SBI Stree Shakti Yojana 2023

Important Links

SBI Stree Shakti Yojana Official WebsiteClick Here

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By following the above process, you can easily apply for SBI Stree Shakti Scheme 2023

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