Support for Women Entrepreneurs under PMMY
Under the Pradhan Mantri Mudra Yojana (PMMY), the Government of India actively encourages female entrepreneurs to set up or expand business units. To drive financial inclusion among women, the scheme provides relaxed eligibility criteria, faster processing tracks, and interest rate rebates at major commercial banks.
Any enterprise where a woman owns at least 51% shareholding (as a proprietor, partner, or private limited director) is classified as a women-owned business and becomes eligible for Mahila Mudra benefits.
Special Benefits of Mahila Mudra Loans
- Interest Rate Rebate: Public sector banks (like SBI) provide a concession of 0.25% to 0.50% per annum on interest rates specifically for women business owners.
- No Collateral Required: Like all Mudra loans, no security, third-party guarantee, or mortgage is needed.
- Relaxed Processing Charges: Processing fees are waived entirely for Shishu loans, and heavily discounted for Kishore and Tarun categories.
- Dedicated Bank Schemes: Banks have established customized programs like **SBI Stree Shakti**, **Cent Kalyani (Central Bank of India)**, and **Mahila Udyam Nidhi** linked with Mudra schemes to provide additional credit.
How to Apply for Mahila Mudra Loan Online
Follow these digital steps on the JanSamarth portal to initiate your application:
Check Eligibility on JanSamarth
Visit www.jansamarth.in. Under the 'Business Activity Loan' category, specify your gender as Female and indicate ownership shareholding (51%+).
KYC Registration
Register with your Aadhaar-linked mobile number. Submit details of your PAN Card, Aadhaar Card, and Udyam MSME Registration Certificate (obtained via SSO Rajasthan or udyamregistration.gov.in).
Select Concessionary Offers
Compare bank offers showing active interest rates. The system will automatically highlight discount offers with interest subvention concessions for women.
Submit Application & Digitally Sign
Select your branch, upload bank statement files (last 6 months), and digitally sign the application using e-Sign via Aadhaar OTP.
Official Support Desk Contact Info
For support regarding female business schemes and credit disputes, reach out to these desks:
- SLBC Rajasthan Helpline (Bank of Baroda convenor): `1800-180-6546`
- SBI Corporate Helpline: `1800-11-2211`
- Central PMMY Helpdesk: `1800-180-1111` / `1800-11-0001`
Eligible Business Sectors for Women
| Sector Type | Examples of Eligible Businesses |
|---|---|
| Retail & Trade | Boutiques, tailoring shops, general stores, cosmetics shops, dry-cleaning units, bookshops. |
| Services | Beauty parlors, gymnasiums, tutoring centers, creches, event management agencies, photocopy centers. |
| Micro-Manufacturing | Pickle making, papad making, handloom weaving, tailoring units, bakeries, organic food packaging. |
| Agri-Allied | Poultry farming, pisciculture, dairy farming, apiculture (beekeeping), floriculture. |
Frequently Asked Questions
Yes, partnership firms or private limited companies where women hold at least 51% of the equity or partnership shares are fully eligible to apply for Mahila Mudra Loans.
No, there is no requirement for a guarantor or collateral. The Credit Guarantee Fund for Micro Units (CGFMU) covers the credit guarantee for these loans.