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10 Jun 2023

A SPECIAL DISPENSATION FOR NURTURING ENTERPRISES RUN BY WOMEN ENTREPRENEURS (ARJANA)

Key features & Incentives

  • Financial incentive to units maintaining satisfactory repayment track record with SIDBI
  • 50% of the credit guarantee fee to be borne by SIDBI
  • Lower processing fees
  • Nil prepayment charges
  • Lower promoter contribution
  • Quick sanction and disbursement
  • Eligibility
  • MSMEs as per MSMED Act
  • MSMEs promoted by women entrepreneurs with minimum 51% stake
  • Standard Scheme Norms apply (CIBIL / CMR, due diligence checks etc.)
  • Should not be in default to any bank/FI.
  • Loan Amount
  • Minimum – Rs. 25 lakh
  • Maximum - Rs. 300 lakh
  • Interest Rate
  • Interest Rate-MCLR based ROI as per internal rating