About this scheme
State Bank of India's Stree Shakti Package gives a 0.5% interest rate concession on business loans where women own 51%+ of the enterprise. Standard SBI MSME loan products apply.
What you get
- 0.5% rate concession over standard SBI MSME rate
- Loan amount Rs. 50K to Rs. 2.5 Cr
- Stand-Up India + CGTMSE convergence
- Free POS terminal for women retail units
- Reduced processing fees
- Annual financial counselling
Who qualifies
Enterprises with 51%+ women shareholding/ownership. Existing or new units. SBI customer or willing to open SBI account. Standard SBI MSME credit appraisal applies.
All industries qualify (no NIC restriction).
Business types
ProprietorshipsPartnershipsPrivate LimitedLLPsOne Person Companies
Available across India (central scheme).
How to apply
- 1Visit nearest SBI branch
- 2Submit Stree Shakti application + women ownership proof
- 3Branch credit appraisal
- 4Sanction within 7-15 days
- 5Disbursement to SBI account
- 6Annual ownership reverification
Key terms and conditions
- 0.5% concession is over the standard SBI MSME rate
- Annual reverification of women ownership
- Standard SBI MSME terms otherwise apply
What disqualifies you
- Women ownership below 51%: standard SBI rates apply
- Defaulters/poor CIBIL: rejected
- Concession revoked on ownership change
Documents typically required
- 51%+ women ownership proof
- SBI account
- GST returns
- Project report
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.