{"id":97,"date":"2023-09-14T20:10:49","date_gmt":"2023-09-14T19:10:49","guid":{"rendered":"https:\/\/efinlab.in\/?p=97"},"modified":"2023-11-18T16:47:13","modified_gmt":"2023-11-18T16:47:13","slug":"union-banks-loan-offer-only-for-woman","status":"publish","type":"post","link":"https:\/\/efinlab.in\/?p=97","title":{"rendered":"Union banks loan offer only for woman"},"content":{"rendered":"\n<p>The Union Bank Nari Shakti Scheme is a loan product from the Union Bank of India aimed at empowering women entrepreneurs. It offers the following features:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It is intended to fund the capital needs of micro, small and medium enterprises (MSMEs) owned and managed by women engaged in the manufacturing, service, and trading sectors.<\/li>\n\n\n\n<li>It is a collateral-free loan for limits up to Rs 2.00 crore with CGTMSE coverage. For limits above Rs 2.00 crore, minimum collateral of 25% of the loan value is required.<\/li>\n\n\n\n<li>It offers a minimum of Rs 2.00 lakh and a maximum of Rs 10.00 crore as loan amount, depending on the purpose and eligibility of the borrower.<\/li>\n\n\n\n<li>It has a low margin requirement of 5% for limits up to Rs 1.00 crore and 15% for limits above Rs 1.00 crore.<\/li>\n\n\n\n<li>It has nil processing charges for limits up to Rs 2.00 crore and 50% concession in applicable processing charges above Rs 2.00 crore.<\/li>\n\n\n\n<li>It has a flexible repayment period of up to 84 months, including a moratorium period of up to 12 months.<\/li>\n<\/ul>\n\n\n\n<p>If you are interested in applying for this scheme, you can contact the nearest branch of Union Bank of India or visit their website for more details.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Union Bank Nari Shakti Scheme is a loan product from the Union Bank of India aimed at empowering women entrepreneurs. It offers the following features: If you are interested in applying for this scheme, you can contact the nearest branch of Union Bank of India or visit their website for more details.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[16],"tags":[24,35,17,7,6,21],"class_list":["post-97","post","type-post","status-publish","format-standard","hentry","category-loan","tag-bank","tag-bank-loan","tag-loan","tag-money-management","tag-personal-finance","tag-tips"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/efinlab.in\/index.php?rest_route=\/wp\/v2\/posts\/97","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/efinlab.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/efinlab.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/efinlab.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/efinlab.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=97"}],"version-history":[{"count":1,"href":"https:\/\/efinlab.in\/index.php?rest_route=\/wp\/v2\/posts\/97\/revisions"}],"predecessor-version":[{"id":98,"href":"https:\/\/efinlab.in\/index.php?rest_route=\/wp\/v2\/posts\/97\/revisions\/98"}],"wp:attachment":[{"href":"https:\/\/efinlab.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=97"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/efinlab.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=97"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/efinlab.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=97"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}