Government schemes

Central and state schemes explained in plain language, each with a link to the official source.

6 schemes for “loan for women”

Business & self-employmentCentralStatus changed: check

Stand-Up India

Bank loans from ₹10 lakh to ₹1 crore for a new (greenfield) enterprise

For: SC or ST entrepreneurs and women entrepreneurs

See eligibility and documents

Business & self-employmentCentral

Pradhan Mantri Mudra Yojana

Collateral-free business loans: Shishu (up to ₹50,000), Kishore (up to ₹5 lakh), Tarun (up to ₹10 lakh) and Tarun Plus (up to ₹20 lakh for eligible repeat borrowers)

For: Non-farm micro and small businesses: shops, traders, service providers, small manufacturers

See eligibility and documents

Business & self-employmentCentral

Prime Minister’s Employment Generation Programme

Bank loan for a new unit with a 15% to 35% margin-money subsidy; project cost up to ₹50 lakh (manufacturing) or ₹20 lakh (services)

For: Individuals above 18 setting up a new micro-enterprise

See eligibility and documents

Business & self-employmentCentralStatus changed: check

PM Formalisation of Micro Food Processing Enterprises

35% credit-linked subsidy up to ₹10 lakh for a food processing unit; seed capital of ₹40,000 for each SHG member

For: Micro food processing entrepreneurs, SHGs, FPOs and cooperatives

See eligibility and documents

Business & self-employmentCentralStatus changed: check

PM Vishwakarma

Recognition and ID card, skill training with stipend, ₹15,000 toolkit incentive and collateral-free loans (₹1 lakh, then ₹2 lakh) at 5% interest

For: Artisans and craftspeople in 18 traditional trades working with hands and tools

See eligibility and documents

Business & self-employmentCentral

PM SVANidhi

Collateral-free working-capital loans for street vendors in three rising stages (up to ₹15,000, ₹25,000 and ₹50,000), with interest subsidy and digital-payment rewards

For: Street vendors and hawkers in urban and nearby areas

See eligibility and documents