SDB bank | Uththamavi Loan Facility for Female Entrepreneurs

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