Paisabazaar Logo - Compare loans and credit cards

SBI Business Loan for Women

iconicon
Get Cashback of ₹1,000* on Loan Disbursal
Valid till 31st March '26*T&C Apply
Get Business Loan

Avail up to ₹1 Cr starting at 13%

4.5/5

15.5L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
Icon image of Best Loan Offers

Best Loan Offers

Curated Offers from 20+ Lenders

Icon image of Unsecured Loan

Unsecured Loan

Term Loan & OD Facilities Available

Icon image of Expert Advice

Expert Advice

Guidance & Assistance

Icon image of Top Up Facility

Top Up Facility

Loan to Get Additional Funds

Find Best Business Loan Offers

Sort by:

HDFC Bank
Max Loan Amt.Upto 75L
Rate of Interest10.75% - 28%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
ICICI Bank
Max Loan Amt.Upto 50L
Rate of Interest13.25% 19.25%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
Axis Bank
Max Loan Amt.Upto 75L
Rate of Interest15% - 19.25%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
Why Choose Paisabazaar?
image of Compare & Choose the <strong>Best Offer</strong>

Compare & Choose the Best Offer

image of Pre-approved Offers with <strong>Instant Disbursals</strong>

Pre-approved Offers with Instant Disbursals

image of Know Your <strong>Chances of Approval</strong>

Know Your Chances of Approval

image of End-to-End <strong>Digital Process</strong>

End-to-End Digital Process

How Can I Apply for a Business Loan Online?

Get up to 1 Crore in 5 Simple Steps

Step 1: Enter your mobile number in the application form.

Step 2: Enter OTP to verify your mobile number.

Step 3: Provide your personal details.

Step 4: Select a bank account for account aggregator consent.

Step 5: Compare offers and apply for the best-suited loan.

SBI Business Loan for Women – 2023 (Stree Shakti Scheme)

Interest Rate Depends on your business profile
Loan Amount Up to Rs. 20 lakh
Share capital owned by women 50%
Collateral Not required for loans up to Rs. 5 lakh
Margin Lowered by 0.5% for separate categories

*SBI 1 year MCLR with effect from 15th Feb 2023 is 8.50%.

Interest Rate

Interest Rate Depends on the applicant’s profile & business requirements
Processing Fee From 1% – 5% of the sanctioned loan amount
Loan Amount Min. Rs. 10,000 – Max. up to Rs. 500 crore*
Collateral Not required for unsecured business loans
Repayment Tenure From 12 months – 5 years, may exceed as per business requirements
Loan Disbursal Duration Depends on case to case

Note: Note: The mentioned fees and charges are subject to change and depend on the sole discretion of the bank and RBI. GST and service tax shall be levied extra on the mentioned charges.

The interest rate is dependent upon the prevailing base rate of the bank at the time of loan approval. There is a rate concession of 0.5% in case the loan amount is exceeding Rs 2 lakhs.

Under this scheme, there is no need for security by way of mortgage of assets in case the loan amount is up to Rs 5 lakh.

Eligibility Criteria

The business loan is focused on promoting entrepreneurship amongst women. The MSME Ministry of India defines a woman entrepreneurial business as “A small scale industrial unit/industry-related service or business enterprise managed by one or more women entrepreneurs in proprietary concerns or in which she/they individually or jointly have a share capital of not less than 51% as partners/shareholders/directors of private limited company/members of co-operative society’’.

  • Women-owned business : Accordingly, the qualifying criteria to avail this business loan are that the enterprise mandatorily has a shareholding of over 50% by women
  • EDP participation: Additionally, female entrepreneurs should pursue the Entrepreneurship Development Programmes (EDP) organized by the state agency to obtain a loan under this scheme.
  • Applicability: The loan will be extended to small business units engaged in retail trade, manufacturing activities, provision of services. Self-employed professional women like doctors, architects, and CAs are also eligible to obtain a business loan.

The Stree Shakti Loan scheme has financially empowered women, especially in rural areas. Some of the popular small business segments where this scheme finds application are:

  • Dairy produce
  • Manufacture of readymade clothing
  • Marketing of farm produce like seeds
  • Production of indigenous unbranded soaps and detergents
  • Cottage industries like the manufacture of spices and incense sticks

  The loans availed are to be applied exclusively for business purposes. The nature of the loan may be short-term working capital assistance or a long-run term loan to facilitate capital expenditure. Some additional features include:

Relaxation criteria : There are concessions and reductions in margins, with optimal floating interest rates linked to the bank’s base rate to provide economic incentives to women entrepreneurs. For example, the margin will be lowered by 5% in the case of certain categories. However, there is no interest concession offered on loan advances to retail traders

Repayment Tenure

The minimum repayment period offered by SBI bank is 12 months, whereas the maximum repayment period is of 5 years. (may exceed as per the business requirements)

Documents required for Loan Application

Mentioned documents must be submitted at the time of loan application for the loan to be considered for further processing by the bank.

  • Identity Proof : Valid proof like Voter ID Card, Passport, Driving License, PAN Card
  • Residence Proof : Telephone bill, electricity bill, property tax receipt, passport, Voter’s ID card of the proprietor, partner or director (in case of a company) is accepted as proof of residence
  • Address Proof of the registered address of the business unit : The eligible documents comprise the incorporation certificate or registration certificate in the case of a company or partnership firm.
  • Financial Statements : In addition to incentivizing entrepreneurship, SBI is also concerned with the repayment capability of the borrower. Thus, the balance sheets, income statement, and last 3 years’ GST returns of the company
  • Business plan: A business plan with projected financials for at least 2 years in case of working capital assistance and for the loan tenure in case of a term loan is insisted upon by SBI
  • Detailed profile of the business enterprise name, names of promoters, directors, partners, nature of the business activity, addresses of all existing facilities and premises, shareholding ratios, etc
  • The bank may also require the financial statements of the previous three years of sister concerns like subsidiaries, associate concerns, or group companies
  • Copies of lease agreements, ownership title deeds of real estate property being offered as collateral

Additional documents might be required depending on various applications and person-to-person in which the sole discretion will be of the bank.

Avail Business Loan For
All Your Needs

How Can I Apply for a Business Loan Online?

Get up to 1 Crore in 5 Simple Steps

Step 1: Enter your mobile number in the application form.

Step 2: Enter OTP to verify your mobile number.

Step 3: Provide your personal details.

Step 4: Select a bank account for account aggregator consent.

Step 5: Compare offers and apply for the best-suited loan.

Avail Business Loan For
All Your Needs

FAQs

Below mentioned are the documents required to get a business loan from SBI :- 2 Passport sized photographs, Duly filled Application form, KYC documents of applicant and co-applicants/partners, Self-written Business Plan, Identity, Address, Age and Income Proofs, Business Address Proof.

To get an SME loan from SBI you can visit paisabazaar.com to check and compare all types of SME loans offered by SBI and submit basic details to get a call from SBI’s representative to proceed further.    

The interest rate of SME loans offered under CGTMSE and provided by SBI starts from as low as 7.40% p.a. onwards.

There are several types of loans available from SBI. To check the details of each loan you can either visit paisabazaar.com or can go to the official website of SBI.

quotes icon

What our customers say

Business loan complex hotta h

Business loan thoda complex lagta h muhje, lekin Paisabazaar pe team ne sab steps simple bana diya muhje ache se support kiya. Thank you.

icon image of avatar
Meher SinghJan 22, 2026

Hassle-free Business Loan

I would like to take a moment to sincerely appreciate Rohit Kumar\'s (EW25946) continuous support and clear communication. Your timely responses, cooperation, and willingness to help have made a significant difference and contributed greatly to smooth coordination and successful outcomes. Your professionalism and positive approach are truly commendable, and it has been a pleasure working with you. Thank you for your dedication and for maintaining such effective communication throughout.

icon image of avatar
MD Gausar AlamJan 20, 2026

Business loan liya tha, interest acha mila

Muhje darr tha ki interest rate kahi lenders jda na charge krle, phir paisabazaar pe sahi interest rate milla. Mera credit profile dekh ke or bhi bht saare factors consider karke interest rate milla.

icon image of avatar
Mohit DasJan 15, 2026

Uncle ne bataya tha Paisabazaar ke baare mai

Mai online loans ke baare mai jada nhi janta, mere chacha ne bataya tha ki Paisabazaar se loan acha milta hai. Try kiya or asli mai bohot acha experience tha.

icon image of avatar
Raju RastogiJan 14, 2026

Boutique ke liye small loan liya tha

Boutique ke liye small loan liya tha. Small entrepreneurs ke liye bht important hota hai sahi jagah se loan lena. Paiabazaar ki team bohot helpful hai.

icon image of avatar
Vanni KumariJan 13, 2026

Loan approval ke chances dikhate h

Paisabazaar se business loan lo toh pata rehta h ki kaha loan approval ke chances jada hai. Isse thoda tension kam jata h rejection ka. Acha feature hai.

icon image of avatar
Sobhit GuptaJan 5, 2026

Advisors bohot ache the

Business loan thoda confusing hota h. Advisors ne sahi guide kiya. Thanks you.

icon image of avatar
Prakash MishraJan 4, 2026

Trusting platform

I take business loan from Paisabazaar two months before. very nice experience. No jhamela, only good work done. Thank you

icon image of avatar
Priya ShawDec 30, 2025

Chote business ke liye bhi loan mila

Chote businesses ko loan milne mai dikkat hoti hai lekin yaha mil gaya. Thank you for helping small business also. Good job keep it up.

icon image of avatar
Rupesh SharmaDec 29, 2025

Quick and easy steps

Business loan apply karne se pehle yeh sochke dar lagta tha ki bohot mehnat lagegi. Lekin mai toh surprise hi hogayi Paisabazaar ka simple or easy steps dekh ke. Itna smooth process tha ki bikul hi samjh nhi aaya kab loan approve hua or kab account mai paise agaye.

icon image of avatar
Ishita SinghDec 28, 2025
View All Testimonials
Sumit Kumar profile
Written ByLinkedIn icon
Sumit Kumar
Shamik Ghosh profile
Reviewed ByLinkedIn icon
Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers

Knapsack with coins

Check Best Business Loan Offers
with Quick Disbursal

Scroll to top