Indian Overseas Bank (IOB) has launched the IOB Mahila Shaksham Scheme 2025. This scheme is made to support women and girls across India who want to start their own businesses and become successful entrepreneurs. If you’re a woman dreaming of your own business, this scheme can help you.
The IOB Mahila Shaksham Scheme 2025 offers financial support up to INR 10 lakh. If you meet the eligibility criteria, you can get a loan to bring your business ideas to life. This is a great opportunity for women to grow financially and create their own ventures.
To benefit from the IOB Mahila Shaksham Scheme 2025, check if you qualify. Eligible women should visit the official website and apply online by filling out the application form with all the required details. This will help the bank process your application quickly.
This scheme encourages women to move ahead in business and become financially independent. So, if you have a business dream, don’t wait! Visit the official website to start your entrepreneurship journey with the IOB Mahila Shaksham Scheme 2025.
Purpose of IOB Mahila Shaksham Scheme 2025
- The main aim of the scheme is to help women entrepreneurs earn at least INR 1 lakh every year.
- It works alongside the Lakhpati Didi Yojana to boost women’s incomes and support business growth.
- This scheme helps improve the social status and living standards of women with less financial means by providing financial support. It also creates job opportunities for semi-skilled workers.
Also Read: Namo Drone Didi Scheme
IOB Mahila Shaksham Scheme 2025 Overview
| Scheme Name | IOB Mahila Shaksham Scheme |
| Launched by | Indian Overseas Bank |
| Main Objective | Give financial help to women entrepreneurs |
| Who can benefit | Women entrepreneurs |
| Official Website | Update soon |
| Maximum Loan Amount | INR 10 lakh |
| Eligibility | Women in Self-Help Groups (SHGs) |
Eligible Business Activities
- Mushroom farming
- High-value crop growing in greenhouses or polyhouses, floriculture
- Related sectors like dairy, poultry, sericulture, fish farming, goat and sheep rearing
- Beauty parlour and salon services
- Tailoring shops
- Rural eco-tourism
- Restaurants
- Internet cafes and photocopy shops
- Confectionery shops including soft drinks
- Grocery and stationary shops
- Fruit and vegetable shops
- Cosmetics shops
- Papad and traditional snack making
- Flour mills
- Oil processing units
- Handicrafts, weaving, textile bags, covers, baskets
- Pottery and ceramics
- Artificial jewellery making units
- Glass and lac bangles
- Agarbatti and candle making
- Soap, liquid soap, detergent and washing soap making
- Metal and cane product units
- Hosiery units
- Sanitary towels and napkin manufacturing
- Paper plates, cups, and glass manufacturing
- Agri clinic and agri business centres
Documents Needed
- Aadhaar Card
- PAN Card
- Mobile phone number
- Official business documents
Loan Details
- Minimum loan amount: INR 75,000
- Maximum loan amount: INR 10,00,000
Interest Rates
- For agriculture and related activities:
- Loans up to INR 10 lakh: 1 YMCLR + 0.20% (SP) + 1.80% (RP)
- For MSME activities and processing units:
- Loans up to INR 10 lakh: RLLR + 0.40% (SP) + 1.35% (RP)
Eligibility Criteria
Loans between INR 75,000 and INR 2 Lakhs
| Loan Amount | Above INR 75,000 to INR 2 Lakhs |
| Age | 21 to 60 years (maximum 60 at loan end) |
| SHG Eligibility | At least 2 years old group with 1 successful bank loan cycle completed |
| SHG Membership | Minimum 2 years and 1 loan cycle completed |
| Minimum Individual Loan | INR 25,000 |
| Business Experience | Minimum 2 years viable business |
| Co-Applicant | Not needed |
| Security | Hypothecation of assets created using bank funds; no collateral required |
Loans between INR 2 Lakhs and INR 5 Lakhs
| Loan Amount | Above INR 2 Lakhs to INR 5 Lakhs |
| Age | 21 to 60 years (maximum 60 at loan end) |
| SHG Eligibility | Minimum 3 years old group with 2 successful bank loan cycles completed |
| SHG Membership | At least 3 years with 2 loan cycles |
| Minimum Individual Loan | INR 40,000 |
| Business Experience | Minimum 3 years |
| Co-Applicant | Required for registered entities |
| Security | Hypothecation of assets created using bank funds; no collateral required |
Loans between INR 5 Lakhs and INR 10 Lakhs
| Loan Amount | Above INR 5 Lakhs to INR 10 Lakhs |
| Age | 21 to 60 years (maximum 60 at loan end) |
| SHG Eligibility | Minimum 3 years old group with 2 successful bank loan cycles completed |
| SHG Membership | At least 3 years with 2 loan cycles |
| Minimum Individual Loan | INR 40,000 |
| Business Experience | Minimum 3 years of viable business |
| Co-Applicant | Required for registered entities |
| Additional Checks | Review last 24 months SHG repayment records and financial analysis |
| Security | Hypothecation of assets created using bank funds; no collateral required |
Repayment Terms
- You can repay through 60 monthly or 20 quarterly instalments, including the moratorium period.
Processing Fee
- The processing fee is 0.40% of the approved loan amount plus applicable GST. This applies to both term loans and working capital loans.
Steps to Apply for IOB Mahila Shaksham Scheme 2025
Step 1: Visit the official IOB Mahila Shaksham Scheme website.
IOB Mahila Shaksham Scheme Portal
Step 2: On the homepage, click the “Apply now” button.
Step 3: Fill out the application form with all the required details and upload the necessary documents.
Step 4: Review your information carefully and click “Submit” to complete your application.
Contact Information
- If you need help, call toll-free numbers: 1800 890 4445 or 1800 425 4445
Frequently Asked Questions
Who started the Mahila Shaksham Scheme 2025?
Indian Overseas Bank launched the IOB Mahila Shaksham Scheme 2025.
What is the minimum loan amount in the Mahila Shaksham Scheme 2025?
The minimum loan amount is INR 75,000 for eligible women under this scheme.
What is the main goal of the Mahila Shaksham Scheme 2025?
The scheme aims to make sure women entrepreneurs earn at least INR 1 lakh each year.
Which scheme is linked with Mahila Shaksham Scheme 2025?
It is linked with the Lakhpati Didi Yojana.