Karnataka Udyogini Scheme

Introduction

• Karnataka Government launched lots of welfare schemes to help unemployed people to become self employed and self reliant.
• In the year 2015-2016, Government of Karnataka started Udyogini Scheme specially for the women of State.
• Udyogini Scheme is a self employment generation activity support scheme for women of Karnataka.
• The main objective behind launching Udyogini Scheme in Karnataka to encourage women to start their own business or income generation activity and to prevent them borrowing money from money lenders at high rate of interest.
• Karnataka State Women's Development Corporation is the implementing agency of this scheme.
• Interest Free and Collateral Free Business Loan will be provided to eligible women beneficiaries to start their own business under Karnataka Udyogini Scheme.
• Women Beneficiary can take a maximum loan up to Rs. 3,00,000/- under Udyogini Scheme to start their own business.
• Karnataka Government will also provide subsidy on the loan which are taken under Udyogini Scheme.
• 50% Subsidy on Loan Amount will be provided to Schedule Caste/ Schedule Tribe Beneficiary.
• Whereas, 30% Subsidy on Loan Amount will be provided to beneficiaries belongs to Special and General Category.
• The Annual Income Limit for SC/ ST category beneficiary is Rs. 2,00,000/- per year.
• And the Annual Income Limit for General and Special category beneficiary is Rs. 1,50,00/- per year.
• There is no annual income cap for widow and disabled women beneficiary.
• Women Beneficiary from the Age of 18 Years to 55 Years are only eligible to apply for business loan and avail the benefit of subsidy on loan under Karnataka Udyogini Scheme.
• EDP Training of 3 days to 6 days will also provided to all selected beneficiaries before disbursing the loan amount under Udyogini Scheme.
• Eligible Women Beneficiaries of Karnataka can apply for Udyogini Scheme through Application Form and avail the benefit of Interest and Collateral Free Business Loan.

Benefits of Scheme

• The following benefits will be provided to all eligible women beneficiaries under Karnataka Government's Udyogini Scheme :-
  • Collateral and Interest Free Business Loan will Provided.
  • Women Beneficiary can take a Maximum Business Loan up to Rs. 3,00,000/-.
  • Subsidy of 50% of Loan Amount will be Provided to SC/ ST Category Beneficiary.
  • Subsidy of 30% of Loan Amount will be Provided to Special/ General Category Beneficiary.

Eligibility

• Karnataka Government sets the following eligibility conditions for women beneficiaries in order to provide them a subsidised loan under Udyogini Scheme :-
  • Women Beneficiary should be a permanent resident of Karnataka.
  • The Age of Women Beneficiary should be between 18 Years to 55 Years.
  • Business Unit Cost should be from Rs. 1,00,000/- to Rs. 3,00,000/- for All Applicant.
  • The Annual Income of SC/ ST Women Beneficiary should be less than Rs. 2,00,000/-.
  • The Annual Income of General/ Special Category Women Beneficiary should be less than Rs.1,50,000/-.
  • There is no Income Limit for Widow or Disabled Women Beneficiary.

Documents Required

• The list of documents that are required to be attached with the application form at the time of applying for Karnataka Udyogini Scheme are as follows :-
  • Applicant's Aadhar Card.
  • Birth Certificate.
  • Address and Income Proof.
  • BPL Card & Ration Car. (For Below Poverty Line)
  • Caste Certificate. (If applicable)
  • Bank Account Details.
  • Mobile Number.
  • Any Other Document Required by the Bank/ NBFC.

How to Apply

• Eligible Women Beneficiary can apply for Udyogini Scheme of Karnataka Government by filling Application Form.
• Application Form of Karnataka Udyogini Scheme is available free of cost at District Office of Karnataka State Women's Development Corporation.
• Collect the Udyogini Scheme Application Form and Fill it carefully.
• Attach all the required documents with the Application Form.
• Submit the Karnataka Udyogini Scheme Application Form along with all the documents in the same District Office of Karnataka State Women's Development Corporation.
• Concerned Officials will verify the received application form and documents.
• List of of those beneficiaries who are eligible to get loan in Udyogini Scheme will be made then.
• Final List of Selected Beneficiary of Udyogini Scheme will then forwarded to concerned bank for the disbursal of loan amount.
• Beneficiary Women will be informed through SMS about the Application Status of Udyogini Scheme.
• Amount of Loan provided under Karnataka Udyogini Scheme will be directly transferred in the bank account of women beneficiary.
• Subsidy on Loan will be paid by Government of Karnataka directly to concerned bank.
• EDP Training of 3 to 6 days will be provided to women beneficiary before releasing the loan amount in Udyogini Scheme.

Important Links

• Karnataka Udyogini Scheme Guidelines.
• Karnataka State Women Development Corporation Portal.

Contact Details

• Karnataka State Women Development Corporation Contact Details.