Udyogini Scheme Apply Online 2024, Eligibility, Documents and Benefits

Udyogini Scheme Apply Online 2024: The Udyogini Scheme is a significant initiative by the Karnataka government that provides financial assistance to women for entrepreneurship in various sectors. The primary objective is to empower women financially, enabling them to achieve success in their businesses or enterprises. This scheme provides women with various opportunities to make them economically self-reliant, contributing not only to the support of female entrepreneurs but also playing a crucial role in the economic development of the state.

If you are a woman looking to receive financial assistance for the advancement of your business, you can apply for the Udyogini Scheme. Below is detailed information on the Udyogini Scheme Apply Online application process, necessary documents, and eligibility criteria for the scheme.

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Udyogini Scheme Apply Online

The Udyogini Scheme was initiated in 1997-1998 by the Karnataka government and later modified in 2004-2005. The main objective is to make women self-reliant through self-employment and provide them with financial independence. Under this scheme, women receive loans and subsidies from the Karnataka State Women’s Development Corporation, facilitating the initiation of entrepreneurial activities or micro-enterprises. Support from banks and financial institutions is also available.

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The scheme covers various business activities such as bookbinding, notebook manufacturing, spinning wheel and crayon manufacturing, jam, jelly, pickle, papad manufacturing, saree and embroidery work, fabric printing and dyeing, and woolen weaving. The aim is to support women in self-employment and strengthen them economically. The Udyogini Scheme assists women in obtaining affordable and accessible loans, fostering their journey towards entrepreneurship.

Benefits and Features of Udyogini Yojana

A new government scheme for women from scheduled castes and tribes.
Eligible women can receive a special amount ranging from ₹1,00,000 to ₹3,00,000.
A 50% subsidy loan is also available.
The family’s annual income should be less than ₹2,00,000.
Maximum unit cost for special and general category women is ₹3,00,000.
Subsidy of up to 30% for special category women and general category women, with a maximum value of ₹90,000.
Beneficiaries also receive Entrepreneurship Development Program (EDP) training.

Eligibility Criteria for Udyogini Scheme

To be eligible for the Udyogini Scheme, the applicant must:

For this scheme, the applicant must be a woman and her family income should be less than ₹ 1,50,000 for general and special category women.
There is no income limit for widows or disabled women.
Applicants must be between 18 to 55 years of age and must be a permanent resident of Karnataka.
The applicant should not have previously repaid any loan taken from any financial institution.
For this, the scheme has prescribed upper age and minimum income limits so that the women who avail the benefit of this scheme are socially and economically weak.

Documents Required for Udyogini Scheme Application

Aadhar Card
PAN Card
Experience-related certificates
Project report
Ration card
Family’s annual income certificate
Caste certificate (for SC/ST cases)
Quotations for machinery, equipment, and other capital expenses
Passport-sized photograph of the applicant
Bank passbook

Udyogini Yojana Scheme How to Apply

Udyogini Scheme Application Process- Both offline and online procedures for applying for Udyogini Yojana are given below:

Udyogini Yojana offline Process

Visit the nearest bank and fill out an application form with official documents.
PDF Download the application form from the corporation’s official website or www.kswdc.com.
Submit the complete application form to the nearest bank or KSFC branch.
Bank/ KSFC officials will verify documents and project proposals.
The bank issues a subsidy request letter to the corporation, and then the loan amount is released.

Udyogini Yojana Online Process

Beneficiaries need to visit the nearby bank with necessary documents and fill out an application form.
Applicants provide required information at the bank, and the application is submitted.
Banks assist with necessary documentation and information.
Alternatively, candidates can apply online through the official websites of participating banks providing loans under the Udyogini program.

The Udyogini Scheme aims to empower women economically and promote self-employment, contributing to their overall development and the economic progress of the state.