SBI Stree Shakti Yojana 2024: The government occasionally creates initiatives to support women in gaining greater autonomy and authority. The largest bank in India, State Bank of India, has partnered with the government to introduce the Stree Shakti Yojana initiative. The program provides loans to women at extremely low interest rates so they can launch their enterprises to help them become self-sufficient. Women who want to launch their businesses can use these loans. For further information on this State Bank of India initiative, which is specifically designed for women, continue reading this article.
SBI Stree Shakti Yojana 2024
To assist women in becoming more independent and self-assured, the State Bank of India and the federal government have introduced a unique program. Any woman can borrow money from the bank through this program to acquire employment or launch her own business. They can borrow a substantial amount—up to Rs 25 lakh—and incur very little interest.
SBI Stree Shakti Yojana 2024 Overview
| Yojana Name | SBI Stree Shakti Yojana |
| Year | 2024 |
| Who Started | Central Government’s |
| Objectives | The goal is to make the country’s women self-reliant |
|
Beneficiary
|
All women in the country who want to start their own business |
| Country | India |
| Apply Mode | Offline |
| Official Website | https://sbi.co.in/ |
SBI Stree Shakti Yojana 2024 Eligibility Criteria
- The lady ought to be Indian.
- Loans are available to women who want to launch a new company.
- A woman may qualify for a loan under the program if she owns 50% or more of an already-existing business.
- A woman ought to run her own company.
- She is not permitted to apply for a loan on behalf of any other family member.
SBI Stree Shakti Yojana 2024 Important Documents
- Aadhar Card
- Residence Certificate
- Identity card
- Application Form
- Bank Statement
- ITR of last 2 years
- Income Certificate
- Mobile Number
- Passport Size Photo
SBI Stree Shakti Yojana 2024 Benefits & Features
- Under the Stree Shakti Yojana, SBI offers financial facilities to enable women in the nation to launch their businesses.
- Women who take advantage of this program can launch their businesses by obtaining loans with extremely cheap interest rates.
- Eligible women can easily acquire a loan of up to Rs 25 lakh under the SBI Stree Shakti Yojana to launch their own business.
- Companies registered with MSME are eligible to get loans ranging from 50,000 to 25 lakh rupees under the Stree Shakti Yojana.
- Through this program, women around the nation will gain empowerment and self-reliance.
- This program will enable women operating small businesses in rural areas to grow their enterprises.
How To Apply For SBI Stree Shakti Yojana 2024
- Visit the State Bank of India branch closest to you.
- Express your desire to apply for the SBI Stree Shakti Yojana to them.
- The bank employees will ask you certain questions and walk you through the procedure.
- Complete the application that they have supplied. Fill out all the necessary fields, attach a passport-sized photo, and sign the appropriate places.
- Apply together with the necessary paperwork. After everything is in order, the bank will assess your application and authorize your loan within a few days.
- You can benefit from the State Bank of India Stree Shakti Yojana after being authorized.
Important Links
| Direct Link To Apply | https://sbi.co.in/ |
| Home Page | wbuttepa.net.in |
FAQ
Q. What is SBI Stree Shakti Yojana ?
Ans. One bank initiative that assists women in achieving financial independence is called Stree Shakti Yojana. Women who qualify for this program can obtain a bank loan without having to put up any collateral.
Q. How does the SBI Stree Shakti Yojana work?
Ans. If a woman owns 50% or more of the firm, SRI SHAKTI LOAN SBI offers women low-interest loans up to Rs. 25 lakh.