Udyogini Scheme 2026 – Business Loan for Women Entrepreneurs

Udyogini scheme aims to uplift women belonging to economically weaker sections and empower them with financial support who are willing to start a business. Under Udyogini scheme, women can avail loans up to Rs. 3 Lakh from banks with subsidy of 30% to general and special category women. Women belonging to SC/ST category can avail subsidy of 50% from participating banks and NBFCs

Alternatively, women borrowers can also avail business loans to start their own business by checking and applying online on Paisabazaar at interest rates starting from 14.99% p.a. The business loans available are collateral-free with minimal documentation and flexible repayment options.

Udyogini scheme was launched by the Karnataka State Women’s Development Corporation (KSWDC), which later was scaled up by the central government to promote women’s entrepreneurship and financial independence across the nation.

Note: Loans are available for women from special categories such as widows, disabled, and SC/ST communities.

Find below the basic eligibility criteria defined by various participating banks:

In total, 88 business activities are eligible under this scheme. The scheme supports various business activities, including Small Scale Industries (SSIs), and manufacturing, trading and retail sectors.

To apply for the Udyogini Scheme, women entrepreneurs need to submit the following documents:

Under the Udyogini Scheme, women entrepreneurs can access financial assistance with favorable terms, including subsidies and interest concessions. Here’s a detailed breakdown:

Loan Amount: Up to Rs. 3 lakh

Applicable Sectors: Supports 88 small-scale industries, including agriculture, retail, handicrafts, and services.

Subsidy Details:

Note: Subsidy percentages and amounts may vary based on specific state guidelines and implementing agencies.

The Udyogini Scheme offers both online and offline application methods for women entrepreneurs seeking business loans. Find below the simple steps to apply for loans from participating banks under the Udyogini Scheme:

Step 1: Identify a bank/NBFC that offers loans under the Udyogini scheme.

Step 2: Visit the bank’s official website and complete the application form online

Step 3: Submit all the necessary documents required by the bank, including identity proof, address proof, project reports, BPL card, income certificates, and caste certificates (if applicable).

Step 4: The bank will verify and review all the submitted documents and if approved, the bank will notify you and disburse the loan amount.

Offline process via Women Development Corporation

To apply for the Udyogini Scheme offline through the Karnataka State Women’s Development Corporation (KSWDC), follow these steps:

Step 1: Download the application form from the official website kswdc.karnataka.gov.in or visit the office of Deputy Director or the Child Development Project Officer (CDPO) in your district.

Step 2: Complete the application form and attach all the required documents.

Step 3: Submit the application form, along with documents to the nearest participating bank branch or Karnataka State Finance Corporation (KSFC) office participating in the Udyogini Scheme.

Step 4: Once the loan application form is processed and verified, the participating bank will send a request to KSWDC for subsidy approval.

Step 5: After the approval, the loan amount shall be disbursed either directly to your bank account or to the supplier’s account for the purchase of machinery and equipment.

Find below the key benefits of Udyogini Scheme:

Note: The interest rates offered under this scheme shall vary and depend on the applicant’s profile.