Today, there is so much spirit among the women of the business world when it comes to achieving their goals of becoming entrepreneurs. But the biggest constraint they often experience is where to get the necessary funding, the materials, and the proper networks. These are the main problems that can be faced by women entrepreneurs. To overcome these issues, the government has now announced the Cent Kalyani Scheme under Startup India. This intervention funds the female entrepreneurs of businesses and organisations.
In this article, you will get the detailed information about the Cent Kalyani Scheme, its objectives, benefits, eligibility criteria, application process and much more.
Overview
The table below showcases the key insights of the Cent Kalyani Scheme, including its launch details, department and much more.
| Feature | Details |
|---|
| Scheme Name | Cent Kalyani Scheme |
| Launched By | Central Bank of India |
| Target Beneficiaries | Women entrepreneurs in MSME and service/manufacturing sectors |
| Loan Amount | Up to ₹100 Lakhs |
| Collateral | Not required (Covered under CGTMSE) |
| Processing Fees | Nil |
| Availability | Pan India through Central Bank of India branches |
What Is The Cent Kalyani Scheme?
The Cent Kalyani Scheme is a centrally sponsored scheme in India which is aimed at empowering women entrepreneurs. This is an organisation that assists women who desire to engage in start-ups and other ventures with funding and other support services. It is named the ‘Women Entrepreneurs and Startup Asymptote’, and it is implemented under the Startup India plan.
Objectives
Financial constraints often stop women from leaping into entrepreneurship. This scheme aims to break those barriers and foster women-led businesses in India by:
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Providing financial support: To provide credit and other financial facilities for female entrepreneurs.
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Encouraging entrepreneurship: This is in a bid to create more awareness for women and encourage more of them to venture into owning their own businesses.
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Supporting MSMEs: As a solution for women entrepreneurship to support the growth of Micro, Small and Medium enterprises (MSMEs).
What Are The Cent Kalyani Scheme Benefits?
Whether it’s a lack of capital or high-interest loans, the Cent Kalyani Scheme resolves many pain points. Let’s explore how it helps women entrepreneurs grow with ease.
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Loan Options: The respective groups include Working capital loans, Cash credit and Overdraft facilities
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Maximum Loan Amount: The kind of loans which are provided are up to Rs. 100 Lakhs.
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Low Interest Rates: With supply chain financing, the rate of interest has been concessional, beginning from MCLR + 0.25%.
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No Collateral Required: Security is not required as the loan is secured under the CGTMSE, which stands for Credit Guarantee Fund Trust for Micro and Small Enterprises.
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No Third-Party Guarantee: But unlike any conventional guarantee, the CGTMSE guarantee does not require a third-party guarantee.
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Processing Fee: Most of those processing companies do not charge any processing fee.
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Insurance Coverage: Insurance of business property such as stocks, machinery and equipment, among others.
Also Read: Samridh Scheme: Empowering Startups With Funding & Growth Support
What Is The The Cent Kalyani Scheme Eligibility Criteria?
The Cent Kalyani Scheme is available for women entrepreneurs owning small or micro businesses. The sectors which are eligible for registration are manufacturing sectors, service-oriented businesses, professionals, and others. It also applies to women with self-employed professions, including doctors, accountants, engineers and artists, among others. Small businesses are also welcome, from hair salons and day care centres to boutiques and mobile restaurants, to name but a few.
In particular, broad sectors such as retail trade, education institutions and self-help groups are excluded from the scheme.
What Are The Documents Required For The Cent Kalyani Scheme?
Before applying, make sure you have all the right paperwork in place. These documents help banks verify your identity, income, and business status.
1) Identity Proof
2) Address Proof
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Domicile
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Telephone bill
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Property Tax Receipt
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Electricity bill
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Voter’s ID card.
3) Income Proof
- Business Proof
Also Read: Bihar Startup Policy 2025: Structure, Benefits, And Application Process
How Can You Apply For The Cent Kalyani Scheme?
The application process is simple and offline. Follow these step-by-step instructions to access funding through the Cent Kalyani Scheme.
Step 1: Get the Application Form
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The first step in accessing this legal document, visit the official website of the Central Bank of India.
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You can download the Cent Kalyani Scheme application form.
Step 2: Fill Out the Form
Step 3: Gather Required Documents
- The preferential documents include ID proof, address proof, business profile, and other relevant documents.
Step 4: Visit the Bank
Step 5: Submit the Application
- This is done by passing to the bank staff an accomplished form and other necessary documents.
Step 6: Application Verification
- The bank is used to confirming certain details provided by the client and satisfying requirements.
Step 7: Approval Process
- If eligible, your application will be reviewed, and the loan will be approved.
Step 8: Loan Disbursement
- After the approval of the loan, the amount you apply for will reflect in your account.
Conclusion
The Cent Kalyani Scheme is one of the best programs through which female entrepreneurs can access the funding they require to begin or scale up their ventures. This government scheme applies to the manufacturing industry, service industry or any other eligible sector: these industries can get the funding they need to be entrepreneurial without being stifled by high interest rates or security requirements. So don’t let this opportunity go, and expand your business as well as support the growth of India’s economy.
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