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Home » Working Women » Be an Entrepreneur » Financing-Mahila Udyam Nidhi

Financing-Mahila Udyam Nidhi

Mahila Udyam Nidhi (MUN)

Purpose

To overcome insufficient capital requirements.

Eligible Borrowers

    1. Women entrepreneurs who are setting up new projects in tiny / small-scale sector.
    2. Those involved in the rehabilitation of viable sick SSI units.
    3. Existing tiny and small-scale industrial units and service enterprises undertaking expansion and modernisation.

Norms

The scheme is operated through SFCs / TFIDCs / Scheduled Commercial Banks / Scheduled Urban Co-operative Banks.

Cost of Project - Not to exceed Rs.1 million

Soft Loan limit - 25% of cost of project subject to a maximum of Rs.2,50,000 per project

Service charges - 1% p.a. on soft loan



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