Udyogini Scheme Loan Subsidy Upto ₹3 Lakh (2026): Bank List, Apply Process
Udyogini Scheme Loan Subsidy Up to Rs. 3 Lakh: Bank List & How to Apply:
The Udyogini Scheme is one of India’s important financial support programs aimed at empowering women entrepreneurs by providing low-interest, collateral-free business loans along with subsidy support.
This blog compiles the latest verified information available in 2026 about the scheme, who is eligible, how much loan & subsidy you can get, where to apply, and step-by-step application guidance.
What is the Udyogini Scheme?
The Udyogini Scheme is a government-linked entrepreneurship loan support program designed specifically to help women start and grow their own businesses, especially small businesses and self-employment ventures. The scheme provides business loans up to ₹3 lakh with easy terms and government subsidy support.
Key focus:
- Promote self-employment for women
- Support trade, retail, agriculture, services and micro businesses
- Provide training support (EDP / skill development) along with finance
Loan Amount & Subsidy Details (2026)
Under the scheme:
- Loan Amount: Up to ₹3,00,000 (₹3 lakh) for eligible women entrepreneurs.
- Subsidy Support: Government subsidy offered on part of the loan, typically:
- 50% subsidy for SC/ST women (up to ₹1.5 lakh)
- 30% subsidy for widows and disabled women
- 30% subsidy for general category women (income criteria apply)
Subsidy and rates can vary by state government or implementing agency rules.
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Who Can Apply? (Eligibility)
To be eligible for the Udyogini Scheme (typical criteria seen in 2026 sources):
- Women applicant between 18–55 years of age
- Women planning to start or expand a small business / enterprise
- Meets income criteria set by the subsidy schedule (varies by state/category)
Banks & Financial Institutions Participating in 2026
Here is a consolidated bank list that supports Udyogini Scheme loans as of the latest data:
| Bank / Institution | Loan Support Under Scheme | Notes |
|---|---|---|
| Saraswat Bank | Loan support including small business loans | Provides up to larger MSME loans (not strictly limited to ₹3L) with subsidy support. |
| Punjab & Sind Bank | Collateral-free loans available (small limits) | Known to support smaller term loans under scheme. |
| Bajaj Finserv (NBFC) | Up to ₹3 lakh | Focused on interest-free or low-interest loans with training included. |
| Other Regional Banks & NBFCs | May participate under state-linked programs | Linked via state Women Development Corporations (varies by state). |
Note: Exact participating bank list may expand if states adopt the scheme locally.
Documents Required (General List)
You will typically need:
- Aadhaar Card & ID Proof
- Ration Card / Voter ID (Residence proof)
- Income Certificate / BPL Card
- Project Report / Business Plan
- Passport Photos
- Caste Certificate (if applicable)
- Bank Account details
How to Apply For Udyogini Scheme (Step-by-Step Process)
A) Offline Through Bank Branch
- Visit your nearest participating bank branch.
- Ask for the Udyogini Scheme loan application form.
- Submit required documents and business project plan.
- Bank verifies and forwards application for subsidy approval.
- Once approved, loan is disbursed.
B) Through State Women & Child Development (KSWDC / CDPO Office)
- Visit your district’s Women & Child Development (or KSWDC) office.
- Attend the required Entrepreneurship Development Program (EDP).
- Submit your application to bank via the KSWDC liaison.
- Track progress via the bank.
C) Online (Where Available)
- Visit the participating bank’s official website.
- Fill out the online Udyogini loan application form.
- Upload documents.
- Bank reviews and approves.
(Official central Udyogini online portal currently varies by implementing agency and state.)
Business Types That Covered in Udyogini Scheme
The scheme allows loans for many categories, including:
- Grocery store, retail shop
- Tailoring / sewing / handicrafts
- Tiffin / food service
- Dairy / milk business
- Small manufacturing units (papad, pickles, etc.)
- Services & trade activities broadly covered under MSME support
Interest Rate & Repayment
- Interest: Most banks offer affordable interest, varies by bank & category (e.g., ~10%–12% or interest-free for special groups).
- Repayment: Usually up to 6–7 years with easy EMIs.
- Processing Fee: Often nil or nominal.
This scheme strongly emphasizes women’s self-employment & economic empowerment. Subsidy reduces financial burden and encourages entrepreneurship. Check bank branches + state WCD offices for the latest requirements.
