SBI Stree Shakti Yojana 2024: Know Free Process to Get a loan Upto Rs 25 lakh

SBI Stree Shakti Yojana

SBI Stree Shakti Yojana 2024 – State Bank of India has started a new scheme in collaboration with the Government of India! through which loans are being given to women to start their own business. This scheme is known as SBI Stree Shakti Yojana. Through this scheme, women can establish their own employment by getting a loan from the bank and this scheme is working to make women self-dependent. Through this scheme, loans up to Rs 25 lakh are being given to women by the bank at very low interest rates.

SBI Stree Shakti Yojana

If you are also a woman living in India and want to start your own business! then there is very good news for all of you because now you can set up your own business by taking a loan of up to 25 lakhs from SBI Bank. You will find all the information related to the necessary documents, eligibility and application process for taking a loan here.

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SBI Stree Shakti Yojana 2024

The central government in collaboration with the country’s largest bank, State Bank of India! launched the Stree Shakti Yojana. Through this scheme, SBI is providing loans up to Rs 25 lakhs to women at low interest rates to start a business. They can become self-reliant by setting up their own business.

If a woman starts her own website and her share in the business is 50% or more, then it offers her a loan. If a woman wants to take a loan of up to Rs 5 lakhs, there is no need to give any kind of guarantee. She can also get a loan of up to Rs 5 lakhs without any guarantee to set up a business.

Also Read: PM Kaushal Vikas Yojana Registration, Training & Certificate 2024

SBI Stree Shakti Yojana Objective

The main objective of SBI Stree Shakti Yojana is to reduce the rising unemployment in the state. This scheme has been started to establish self-employment for women and to make them self-reliant. This scheme has been started by the Government of India in collaboration with the State Bank of India, under which a loan of Rs 25 lakh will be given to the woman. If you also want to take a loan, then all the information has been given to you below.

SBI Stree Shakti Yojana Benefits

  • This scheme has been started by the Central Government in collaboration with State Bank.
  • Women are being given loans up to Rs 25 lakh to start employment.
  • Women are being given loans up to Rs 5 lakh without guarantor.
  • All those women who are eager to set up their own business and their financial condition is not good will get benefits under this scheme.
  • Under this scheme, loans will be given to start different businesses.

SBI Stree Shakti Yojana Eligibility

If you also want to apply under the Stree Shakti Yojana run by State Bank of India, then you have to fulfill some eligibility

  • The women applying should be native residents of India.
  • The age of the women should be more than 18 years.
  • The applicant woman should have a share of 50% or more in her business.
  • Women already doing business on a small scale will also be given benefits under this scheme.

SBI Stree Shakti Yojana Documents

To apply under Stree Shakti Yojana, it is mandatory for all of you to have some important documents which are as follows :

  • Aadhar Card
  • Residence Certificate
  • Bank Passbook
  • Income Certificate
  • Certificate of ownership of company
  • Mobile Number
  • Passport size photo
  • Business Plan
  • ITR file of last 2 years

SBI Stree Shakti Yojana Apply Process

To apply under Stree Shakti Yojana, all of you should follow the step by step process given below which is as follows :

  • First of all you all have to go to the nearest bank branch of State Bank of India.
  • After going to the bank branch, you will get information related to this scheme from the branch manager.
  • Now all of you will get the application form in which you will fill the required information correctly.
  • Attach the photocopy of the required documents with the application form.
  • After this you will submit all the application forms and required documents to this bank branch.
  • Now your application will be checked and after getting approval, you will receive the loan amount in your bank account.

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