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Udyogini
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Udyogini


Saraswat Bank introduces a scheme for women entrepreneurs of today which takes care of their financial requirements allowing them to concentrate on their business growth . With lot of incentives/discount being offered and minimum processing charges which are enumerated below ,you may contact our nearest branch and apply:
  1. Micro Enterprises – Here the finance provided will be upto Rs 2.00 lacs
  2. Small Scale Enterprises – Here the finance provided will be above Rs  2.00 lacs upto Rs. 50.00 lacs.
  3. Medium Enterprises – Here the finance provided will be above Rs. 50.00 lacs upto a maximum limit of Rs 100.00 lacs.
The following are / discounts offered to women under the scheme Udyogini,

Micro Enterprises SSI Enterprises Medium Enterprises
Amount Upto Rs 2.00 lacs Above Rs 2.00 lacs upto Rs 50.00 lacs Above Rs 50.00 lacs upto Rs 100.00 lacs
Margin Nil 10%-15%lower then the Bank’s norm 10% - 15% lower then the Banks norm
ROI PLR – 0.5% PLR – 0.5% PLR
Repayment 6 yrs 6 yrs 7 yrs
Security Hypothecation + Guarantee of (spouse/ a family member wherever required) Hypothecation + 2 Guarantors + Collateral Security (25%) Hypothecation + 2 Guarantors + Collateral Security (30%)
Processing fees Rs. 500/- Rs. 750/- 0.1% of finance limit

Interest Rate on Advances
85452d35136a0c1d7fda168829ccd111 savings account, loans, SME loans, NRI banking services, Forex, car loan, home loan, co-operative bank, trade finance
Saraswat-Bank
Saraswat-Bank