Women Entrepreneurs Scheme (4% Interest Subvention Loan)
A programme by Karnataka State Financial Corporation (Karnataka State Financial Corporation)
An interest subvention that brings a KSFC term loan for women-promoted enterprises to an effective 4% a year for five years.
At a glance
| Best for | Women-promoted enterprises taking a KSFC term loan, where the main woman promoter holds more than 51%. |
|---|---|
| Duration | Five years of interest subvention from the first disbursement |
About Women Entrepreneurs Scheme (4% Interest Subvention Loan)
The Women Entrepreneurs Scheme lowers the rate on a KSFC term loan for women-promoted enterprises to an effective 4% a year. The subvention runs for five years from the first disbursement of the loan. The scheme covers proprietorships, partnerships and private companies.
What you get
- An effective interest rate of 4% a year on a KSFC term loan
- The subvention runs for five years from the first disbursement
Who can apply
- Proprietorships, partnerships and private companies in which the main woman promoter, or women promoters, hold more than 51%
- Not for infrastructure, Kalyana Mantapas, housing or commercial buildings, real estate, malls, cinema houses, business or trading activities, purchase of construction equipment, or transport vehicles
How to apply: Apply for a KSFC term loan at a branch. The subvention attaches to that loan.
Where to apply
Other KSFC programmes
- Term LoanKSFC's core term loan for new tiny, small-scale, medium-scale and service units, and for expansion, modernisation or diversification of existing units.
- Corporate Loan SchemeShort-term working-capital loans for existing successful units, and construction finance for developers and contractors.
- Privileged Entrepreneurs SchemeShort-term funds for existing KSFC borrowers in the standard category, repayable within 24 months including a six-month moratorium.
- Interest Subsidy Scheme for SC/ST Entrepreneurs (4%)An interest subsidy that brings KSFC loans to SC- and ST-owned enterprises to an effective 4% a year.
- Modified Interest Subvention Scheme (5.5%) for Micro and Small Manufacturing EnterprisesGovernment of Karnataka interest subvention for micro and small manufacturing enterprises: an effective 5.5% a year for five years if instalments are paid by the 10th of the month.