Loans Under Woman Entrepreneur Development Scheme

Purpose and eligible persons Purposes approved by SIDBI under its schemes shall be granted to educated (not below SSLC) unemployed women residing within Chennai Corporation limits who propose to set-up small production / manufacturing / service units in the areas of activities listed below. They should have undergone training successfully in their respective areas from District Industries Centre or any other State Government Departments / Undertakings:
  • Beauty Parlour / Cosmetology
  • DTP
  • Plastic Injection Moulding
  • Fast Food
  • Bakery Products
  • Fashion / Design
  • Interior Decoration
  • Repairing of electronic components
  • Internet Browsing Centres
  • Food Processing Units
  • Any other purpose approved by SIDBI
Quantum Not exceeding Rs.5,00,000
Margin 40%
Rate of Interest 14% p.a. (subject to change from time to time).
Repayment period 60 equated monthly instalments.