Loan Tips: When your wife becomes a businesswoman, you will get instant loan from not just one but five places..

Everyone is looking for good funds to do business. Starting a business without a loan etc. is impossible. In such a situation, if your partner is also not able to do business because of lack of funds, then now you can easily get a loan for your partner from 5 places. Yes, there are 5 such options from where women can get a loan for business... So let us also know these options.

Women's step into business

Women are walking hand in hand with men in today's time. In such a situation, men themselves are also doing business with women. Many loan offers are now available in the market so that your partner can do business now. Yes, 5 such great options are giving a lot of loans to women for business.

Offers being given to women

Funding is the backbone of any business. Often women are not able to fulfill their dream of doing business due to lack of money. But now business loan options have come for women. Some business loans are being offered especially for women.

ICICI Bank- Self Help Group- Bank Linkage Program (SBLP)
This is a collateral-free loan given to women. Under this loan, women entrepreneurs can easily get a loan of up to Rs 10 lakh. Along with this, women can also repay this loan in a period of up to 3 years. With the help of this loan, you can start a business.

Mudra Loan for Women
Mudra loan is considered to be the best option for women to take a loan in today's time. Under the Pradhan Mantri Mudra Yojana, women can get a loan of up to Rs 10 lakh at low interest rates. Women can take this loan for themselves from private, and public sector banks and NBFCs. Its interest rate is usually between 8% to 12% per annum.

Stand-up India

Stand-up India can also be considered a good option for a business loan. Under this, you can easily get a loan of Rs 10 lakh to Rs 1 crore to set up greenfield enterprises. You can repay this loan in 7 years. It is believed that this loan comes with a moratorium period of 18 months.

Cent-Kalyan Scheme

Women can also get business loans under the Cent-Kalyan Scheme. This scheme is offered by the Central Bank of India, in which women entrepreneurs associated with the manufacturing and service sector can get a loan of up to Rs 1 crore for themselves. The interest rate in this is around 9 percent.

PNB Mahila Udyami

PNB Mahila Udyami can also be an option of fund to start a business. Through this scheme, women entrepreneurs can easily get a loan of up to Rs 10 lakh. Let us tell you that this loan can be availed with a tenure of 3-5 years (term loan) and 3 years (overdraft). (Note- The news is based on general information. Before taking a loan for business, get all the information from the bank yourself.)

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