Uththamavi Loan Facility for Female Entrepreneurs | SDB bank | SDB bank

Uththamavi Loan Facility for Female Entrepreneurs | SDB bank

As part of the comprehensive Uththamavi financial solutions package, SDB bank offers loan facilities for women entrepreneurs, meeting diverse business financing needs for self-reliant women driving our local economy forward.

FEATURES AND BENEFITS
  • Loan facilities up to Rs. 1 million with 2 guarantors
  • Repayment period of up to 5 years for capital financing and up to 2 years for working capital
  • For applicants who hold 50% or more ownership of a business, a quick and hassle-free loan of 10% or the total loan value is obtainable for emergency business requirements
Eligibility
  • An Uththamavi loan can be obtained by women between 18 - 60 years of age (Age at the maturity of loan should not exceed 65 years)
Required Documentation
  • A duly filled loan application
  • Copy of the national identity card / passport / driver’s license for identification
  • Address verification document (i.e. copy of fixed utility bill, bank statement, etc) if current postal address differs from the national identity card or identification document
  • Any other document requested by the Bank
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