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The Dena Shakti Scheme is aimed at providing affordable financing to women entrepreneurs involved in a wide range of activities. These activities include both Agriculture based and MSME enterprises.
Dena Bank is a public sector bank established with the aim of increasing economic opportunities for women and paving the way for their economic empowerment. The bank establishes a lending network for female entrepreneurs. Dena Shakti Scheme is a loan that can be used to meet working capital needs or to expand a company.
| S.No. | Type | Loan Details |
|---|---|---|
1. | Interest Rate | 0.25% below base rates for women entrepreneurs who are majority stakeholders in the company |
2. | Loan Amount for Agriculture | Up to Rs. 20 Lakhs |
3. | Loan Amount for manufacturing, retail trader, or small enterprises (Direct and Indirect Finance) | Up to Rs. 20 Lakhs |
4. | Loan Amount for Retail Trader and micro-credit. | Up to Rs. 50,000 under micro-credit schemes. |
5. | Loan Tenure | Up to 7 years |
6. | Processing Fee | 0.50% of the loan amount |
List of activities covered under Dena Shakti Scheme
Amount of Loan offered under Dena Shakti Scheme
The maximum loan amount available to women beneficiaries under this scheme will be determined by RBI directives for various sectors classified as priority sectors. It also contains the Bank's specific schemes that are regularly circulated to branches and offices.
Interest Rate on Dena Shakti Scheme
What is the eligibility criteria to get a loan under the Dena Shakti Scheme?
The Dena Shakti Scheme is open to female entrepreneurs who own more than 50% stake in an enterprise.
Documents required for Dena Shakti Scheme
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