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If you're a woman looking to start your own business, this news is tailored for you! The government has introduced five excellent schemes that allow you to secure loans with just a click. Discover how this significant opportunity can provide you with easy funding.

In today's world, obtaining loans is essential for various purposes, including starting a business, purchasing land, or building a home. Funding is crucial for launching any business. Through this article, we aim to inform women about specific schemes that can help them kickstart their ventures. Women can easily access loans to begin their own enterprises.

Women associated with Self-Help Groups can easily obtain loans from ICICI Bank. This bank has initiated a remarkable facility to assist women entrepreneurs. Beneficiary women can secure loans of up to ₹10 lakh without any collateral, with a repayment period of up to three years.

The Prime Minister has launched the Mudra Loan facility specifically for women. Under this scheme, women can avail loans of up to ₹10 lakh to start their businesses, with very low interest rates. Additionally, women can easily obtain loans from NBFCs, as well as private and public sector banks and institutions.

Women looking to start a brand-new business can secure loans ranging from ₹10 lakh to ₹1 crore. A unique feature of this loan is the 18-month moratorium period, during which no repayments are required, followed by a repayment period of up to seven years.

The Central Bank of India offers business loans to women under the Cent-Kalyani Scheme. Women entrepreneurs starting ventures in the manufacturing or service sectors can avail loans of up to ₹1 crore. Notably, the bank does not require any guarantees or collateral, only maintaining a 20% margin on the loan amount.

Under this scheme, women can secure loans of up to ₹10 lakh to start their businesses. This loan is available as a term loan for a duration of 3 to 5 years or as an overdraft for a period of 3 years.