About this scheme
SBI Annapurna Scheme provides loan up to Rs. 50,000 for women setting up food catering / tiffin services. Designed for kitchen entrepreneurs — purchase of utensils, gas burners, refrigerators, tiffin boxes. EMI start after 1-month moratorium.
What you get
- Loan up to Rs. 50,000
- Interest 8-10% per annum
- No collateral required
- 3-year repayment with 1-month moratorium
- Used for kitchen equipment, utensils, refrigerators
- Combines with MUDRA Shishu for higher quantum
Who qualifies
Women aged 18-60 starting food catering, tiffin services, or canteen operations. Open to new and existing operators. SBI savings or current account required.
Industries (NIC divisions)
Restaurants / food service
Business types
Proprietorships
Available across India (central scheme).
How to apply
- 1Apply at nearest SBI branch
- 2Submit Aadhaar + business plan + quotation
- 3Branch credit appraisal
- 4Sanction within 7-14 days
- 5Funds to SBI account; equipment purchase
- 6EMI auto-debit from SBI account
Key terms and conditions
- CGFMU guarantee cover
- EMI auto-debit mandatory
- Annual review at SBI
- Pre-payment without penalty
What disqualifies you
- Non-food-service businesses ineligible
- Above 60 years rejected typically
- Defaulters rejected
Documents typically required
- Aadhaar
- Project quotation
- SBI account
- Women applicant
The content above is compiled from public information published by the scheme authority. Eligibility, benefits, and procedures are subject to change. Confirm details directly with the official portal before applying. BharatSeal does not process scheme applications.