Bank Schemes for Female Entrepreneurs: Mahila Bank

Mahila Bank

The Bank encourages women entrepreneurs through financial support to women who intend to start a new venture.The Bank offers a collateral free loan of upto Rupees One crore, covered under Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE).

The Bank also offers several women centric loan products, to help women unleash their potential by starting small and medium enterprises in any field where they could bring out their hidden talents. BMB Parvarish - Child Day Care Centre Loan, BMB Annapurna - Catering Services Loan are some of the women focussed, innovative, loan products. The Bank also reaches out to the last mile through tie-ups with NGOs, Micro Finance Institutions and other organisations of repute for micro credit loans to women.

Komal Kali, a unique recurring deposit product exclusively for the girl child, has been created with a view to create a corpus for higher studies, starting own business etc as she turns 18.