Top 10 Schemes for Women Entrepreneurs in India (2025)

Women entrepreneurs play a crucial role in shaping India’s economy. To support and encourage them, both the government and private organizations have introduced various schemes. These schemes for women entrepreneurs help provide financial assistance, training, mentorship, and other resources to kickstart or expand their businesses.

This article provides detailed information about some of the best schemes for women entrepreneurs, how to apply, and eligibility criteria, along with frequently asked questions to help readers navigate these opportunities easily.

What Are Schemes for Women Entrepreneurs?

Schemes for women entrepreneurs are special initiatives designed to empower women by offering financial aid, business development support, mentorship, and training. These schemes are essential for fostering a business-friendly environment where women can thrive and contribute to the nation’s economic growth.

Best Schemes for Women Entrepreneurs in India

India has launched several government initiatives to empower women entrepreneurs by providing them with financial support, business assistance, and growth opportunities. Let’s explore these government schemes for female entrepreneurs in India in detail:

1. Mudra Loan

The Mudra Loan is under the Pradhan Mantri Mudra Yojana (PMMY) or the Prime Minister Loan Scheme for ladies. It is an initiative by the Government of India designed to “fund the unfunded”. It gives special focus to women entrepreneurs under this scheme.

Purpose of the Scheme

• The Mudra Yojana scheme for women entrepreneurs is to promote entrepreneurship. It financially supports women who wish to start businesses, particularly in non-farm sectors.

Eligibility Criteria

• Any Indian Citizen can approach a Bank, MFI, or NBFC for availing of MUDRA loans under PMMY. The individual should have a business plan for a non-farm sector income-generating activity. The sectors can include manufacturing, processing, trading, or service sector. The credit needed by the individual should be less than 10 lakhs.

Loan Amount & Categories

• The maximum loan amount provided under the Mudra Loan scheme is up to Rs.10 lakh. The loan is structured under three categories:
  • Shishu: Loans up to Rs.50,000
  • Kishore: Loans from Rs.50,001 to Rs.5 lakh
  • Tarun: Loans from Rs.5,00,001 to Rs.10 lakh

Interest Rate

• The interest rates depend on the bank and the type of loan that is being applied for. They are similar to what other banks offer for similar types of loans. There is no subsidy for the loan. A loan can be eligible under MUDRA. This is only if it is linked to a government program providing capital subsidies.

2. Stree Shakti Yojana

The Stree Shakti Yojana is a significant initiative of the State Bank of India (SBI). It helps provide funding for female entrepreneurs in India.

Purpose of the Scheme:

• The Stree Shakti Yojana helps women start their businesses. It gives them access to resources and funding. The goal of the plan is to help women who want to start or grow a business.

Eligibility Criteria:

• Women must meet one key requirement to avail of the benefits. They must own more than half the capital share in the business. This program is open to businesses in trade, manufacturing, or service industries.

Loan Amount:

• The maximum loan amount depends on two main factors. The type of business and the entrepreneur’s financial needs. The scheme gives a 5% discount on the margin and a 0.5% discount on the interest for loans over Rs.2 lakhs.

Interest Rate:

• The interest rate for the Stree Shakti Yojana is lower than normal rates. Also, loans over a certain amount get an extra discount.

3. Bhartiya Mahila Bank Business Loan

Bhartiya Mahila Bank Business Loan is a unique initiative to empower women entrepreneurs in India.

Purpose of the Scheme:

• The loan caters to the financial needs of women entrepreneurs in India. It provides working capital or fund business expansion plans for Indian women entrepreneurs.

Eligibility Criteria:

• The business must meet two key requirements. The woman entrepreneur should own a majority stake in a business. Secondly, she should actively participate in business operations. The enterprise could be in the manufacturing or services sector.

Loan Amount:

• The maximum amount provided under this scheme can go up to Rs. 20 crores, depending on the business’s nature and the entrepreneur’s need.

Interest Rate:

• The interest rate is competitive and provides a concession of 0.25%. Yet, the actual rate may change based on the loan’s principal, term length, and other criteria.

Other Features:

• This loan scheme provides collateral-free loans up to a specific limit. It also offers a combination of term loans and working capital loans.

4. Dena Shakti Scheme

The Dena Shakti Scheme is a business loan initiative by Dena Bank to support women entrepreneurs in India.

Purpose of the Scheme:

• The goal is to provide financial help to women entrepreneurs. It helps those involved in agriculture, manufacturing, retail, and small enterprises. It aims to empower women by helping them establish their businesses.

Eligibility Criteria:

• Women entrepreneurs owning more than 50% share in a business can apply for this scheme.

Loan Amount:

• The maximum loan amount provided varies based on the nature of the business. However, the scheme does provide loans up to Rs. 20 lakhs for specific sectors like retail trade, education, and housing.

Interest Rate:

• The rate of interest provided under this scheme is typically 0.25% below the base rates. This concession makes the loan affordable for women trying to grow their businesses.

5. Udyogini Scheme

The Udyogini Scheme helps women entrepreneurs, especially those who come from poor families, and is an important scheme for women entrepreneurs from economically weaker sections.

Purpose of the Scheme:

• The scheme encourages women to start their businesses. It gives them money to help them get started or expand their businesses.

Eligibility Criteria:

• The eligibility criteria for the Udyogini scheme are quite inclusive. Any woman who has crossed their 18th birthday is eligible to apply. However, the scheme prioritizes women from economically weaker sections. These include widows, destitute or differently-abled women.

Loan Amount:

• The maximum loan amount can go up to Rs.1 lakh for women in rural areas and Rs.2 lakh for women in urban areas. The scheme also provides subsidies on interest rates to women from specific categories.

Interest Rate:

• The interest rate is usually lower than the standard rate. Women from certain groups, such as SC/ST or women with disabilities, get extra help.

6. Mahila Udyam Nidhi Yojana

The Mahila Udyam Nidhi Yojana is an effort by the Punjab National Bank and the Ministry of Finance. It aims to encourage and help Indian women who want to start their businesses.

Purpose of the Scheme:

• The goal is to help women entrepreneurs by giving them money. 

Eligibility Criteria:

• Women must own and control the business to be eligible for this scheme. The scheme is open to new and existing units of women entrepreneurs.

Loan Amount:

• Under the Mahila Udyam Nidhi Yojana, women entrepreneurs can avail of loans up to Rs. 10 lakhs to start their own businesses or small-scale enterprise.

Interest Rate:

• The interest rates under this scheme are competitive. This makes it easier for women to repay the loan without straining their finances.

7. Orient Mahila Vikas Yojana Scheme

The Orient Mahila Vikas Yojana Scheme is a remarkable initiative by the Oriental Bank of Commerce. It aims to support women entrepreneurs in India.

Purpose of the Scheme:

• This scheme for women entrepreneurs aims to empower women by giving money at low-interest rates. It aims to boost the country’s socio-economic growth by promoting entrepreneurship among women.

Eligibility Criteria:

• Women must own at least 51% of a proprietary-owned business. This needs to be done either alone or with other women.

Loan Amount:

• Under this scheme, women entrepreneurs can avail of loans ranging from Rs. 10,000 to Rs. 25 lakhs.

Interest Rate:

• The scheme lowers the interest rate by up to 2%. This makes it easier for women to start or grow their businesses.

8. Synd Mahila Shakti Scheme

The Synd Mahila Shakti Scheme is a credit initiative by Syndicate Bank. It aims to promote and support women entrepreneurs in India.

Purpose of the Scheme:

• The goal of this scheme for women entrepreneurs is to empower women by providing financial assistance. It helps empower women by setting up new ventures or expanding existing businesses. The scheme encourages entrepreneurship among women, leading to economic growth and job creation.

Eligibility Criteria:

• For this scheme, the women must have at least 50% ownership or be the owner.

Loan Amount:

• Under the Synd Mahila Shakti Scheme, women entrepreneurs can avail of loans up to Rs. 5 crores. This scheme allows various business types, from small-scale industries to service enterprises.

Interest Rate:

• The interest rate under this scheme is lower than standard rates. This makes it more affordable for women entrepreneurs. The exact rate can vary, so we recommend checking with the bank for current rates.

9. Cent Kalyani Scheme

The Cent Kalyani Scheme is a unique initiative by the Central Bank of India. It aims to support women entrepreneurs in starting or expanding their businesses.

Purpose of the Scheme:

• The goal is to support women entrepreneurs financially. This scheme for women entrepreneurs supports women involved in small or medium enterprises. It encourages women to become financially independent. This scheme helps women establish or grow their businesses.

Eligibility Criteria:

• For this program to work, women should own and run the business. The program is open to both new projects and expansions or updates to existing ones.

Loan Amount:

• Under the Cent Kalyani Scheme, women entrepreneurs can avail of loans up to Rs. 100 lakhs. This substantial loan amount enables women to undertake more significant business ventures.

Interest Rate:

• The interest rates under the Cent Kalyani Scheme are typically competitive. It is based on the bank’s prevailing rates.

10. Pradhan Mantri Rozgar Yojana

The Pradhan Mantri Rozgar Yojana (PMRY) is a government initiative launched in 1993. It provides self-employment opportunities to educated, unemployed youth and women in India.

Purpose of the Scheme:

• The main goal of this program is to help women financially. It does so by giving them money to start new businesses or make their current businesses bigger. The plan helps women start their own companies, which allows the economy to grow and creates new jobs.

Eligibility Criteria:

• The program is open to educated, unemployed people between 18 and 35, both men and women. Special groups like SC/ST, veterans, and people with physical disabilities get an extra ten years. The person should have gone to school at least through the eighth grade.

Loan Amount:

• Under PMRY, women entrepreneurs can avail of loans up to Rs. 5 lakhs for business sector activities and Rs. 2 lakhs for service and trade sector activities.

Interest Rate:

• The interest rate under PMRY is typically per the prevailing market rates. However, the scheme provides a subsidy of 15% of the project cost up to a maximum of Rs. 7,500.

These schemes for women entrepreneurs are designed to provide the necessary support and encouragement for women to achieve financial independence and establish successful ventures. By leveraging these initiatives, women can play a transformative role in the growth and development of the Indian economy.

Click Here to Download :- Government Schemes for Female Entrepreneurs in India pdf / Schemes for Women Entrepreneurs pdf

Comparative Table of Key Schemes for Women Entrepreneurs

Scheme Name	Loan Amount (₹)	Eligibility	Application Method
Mudra Yojana	Up to 10 lakh	Small businesses	Bank visit
Stand-Up India	10 lakh – 1 cr	Greenfield biz	Online or bank visit
Annapurna	Up to 50,000	Food business	Bank visit
Mahila Udyam	Up to 10 lakh	Small businesses	SIDBI or partner banks
Dena Shakti	Up to 25 lakh	Various sectors	Dena Bank branch

Step-by-Step Guide: How to Apply for Government Schemes

Applying for government schemes can seem daunting, but it’s a straightforward process if you follow these steps:

1. Identify a Suitable Scheme

Start by carefully analyzing your business needs and future goals. Ask yourself:

• Do you need a small loan or a large one?
• Is your business in sectors like manufacturing, retail, or food services?
• Do you qualify as per the eligibility criteria?

Explore various government schemes for women entrepreneurs, such as Mudra Yojana, Stand-Up India, or Annapurna Scheme, and choose the one that aligns with your business requirements.

2. Gather the Necessary Documentation

Once you’ve identified a suitable scheme, prepare all the required documents. Some commonly needed documents include:

• Business Plan: A detailed document that explains your business idea, expected expenses, projected income, and growth strategies.
• Identity Proof: Aadhaar Card, PAN Card, or Passport.
• Address Proof: Electricity bill, Voter ID, or Rental Agreement.
• Financial Statements: Bank account statements, proof of income, or GST registration (if applicable).

Ensure all documents are up-to-date and neatly organized to avoid delays in processing your application.

3. Visit the Bank or Apply Online via the Official Portal

Depending on the scheme, you can either apply by visiting a physical bank branch or through an official government website:

• For Mudra Yojana or Dena Shakti Scheme, approach public or private sector banks.
• For Stand-Up India, visit www.standupmitra.in.

Steps to apply:

• Submit your business proposal along with the required documents.
• Fill out the application form carefully, ensuring all information is accurate.
• Ask bank officials if you need help or clarification during the process.

4. Follow-Up with the Bank or Portal

After submitting your application, stay in touch with the bank or check the status online.

• Ensure you respond promptly if the bank requests additional information or documents.
• Keep a record of all communications, receipts, and follow-ups.
• Once the loan is approved, carefully read the terms and conditions before accepting the funds.

By following these steps diligently, women entrepreneurs can take full advantage of the government schemes designed to support their entrepreneurial journeys.

Challenges Faced by Women Entrepreneurs

Various challenges which women face aren’t talked about much. Examples are:

1. Juggling between Work and Family Responsibilities

Women entrepreneurs struggle a lot. They are often torn between caring for the family, and their businesses. Women entrepreneurs face the challenge of juggling work and family responsibilities, a delicate balance that demands effective time management. Running a business while attending to household duties and caring for children can be overwhelming.

2. Lack of Educational Opportunities

Things are getting better but it isn’t true for most women. This is especially true for those who live in rural areas, to receive a standard education.

3. Limited Access to Finance

It’s hard for women entrepreneurs to start a business. Banks and other traditional lenders often ask for something valuable as a guarantee when they give out loans. It can be a problem for many women who may still have to provide collateral to borrow money.

4. Social Attitudes and Stereotypes

Sometimes, the way society thinks about women is problematic. Women who start their businesses often require encouragement. They are often unsure of their abilities to run a successful company Another factor that poses a hindrance to women entrepreneurs is stereotypes. Stereotypes regarding women’s leadership abilities and risk-taking can result in investor bias and difficulty accessing funding.

5. Lack of Networking Opportunities

Making connections is essential for growing a business. However, women often need more opportunities to join networks for entrepreneurs. Women entrepreneurs often face the challenge of limited networking opportunities. In male-dominated industries, access to influential networks can be restricted, making it harder to gain support, mentorship, and crucial business connections. This lack of networking avenues can hinder their professional growth and potential partnerships, creating a barrier to success.

Empowering Women Entrepreneurs in India

India’s economic growth and development depend on women who start their businesses. But they have to deal with many problems. These include taking care of their families, and not having enough money. This is compounded by people not treating them fairly. The government has started programs to help women start their businesses. These programs are:

• Mahila Udyam Nidhi Yojana
• Orient Mahila Vikas Yojana
• Synd Mahila Shakti
• Cent Kalyani
• Pradhan Mantri Rozgar Yojana.

We are still working to give women entrepreneurs in India more power. Each step we take towards this goal brings us closer to a fair and forward-thinking society.

Final Words

These schemes for women entrepreneurs provide immense opportunities for financial growth and skill development. By leveraging these initiatives, women can establish and expand their businesses, contributing positively to India’s economy.

If you’re a woman entrepreneur, don’t hesitate to explore these schemes and turn your business dreams into reality.

Innovative, low-investment ideas for the hidden entrepreneur in you! Explore our guide on Business Ideas.

Frequently Asked Questions ( FAQ’s )

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