What is the maximum and minimum amount I can borrow?

Here are the approximate minimum and maximum business loan amounts that women entrepreneurs can avail in India:

Minimum Loan Amount:

• For government schemes like MUDRA, Standup India, etc, the minimum loan amount can be as low as ₹50,000.
• Most financial institutions offer business loans starting from ₹2 lakhs onwards.
• Some Micro-Financial Institutions (MFIs) provide micro-loans of ₹50,000 to ₹2 lakhs.
• Under certain state government programs for women, loans from ₹25,000 are also available.

Maximum Loan Amount:

• For MUDRA loans, the maximum amount is ₹10 lakhs.
• Under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme, collateral-free loans up to ₹5 crores can be availed.
• Most nationalised banks provide women business loans of ₹1 crore and above based on eligibility.
• Private banks and Non-banking Financial Companies (NBFCs) offer loans up to ₹5 crores to women entrepreneurs with strong credentials and business profiles.
• Under certain schemes like Standup India, the maximum loan amount can go up to ₹1 crore.

So, women entrepreneurs can avail small business loans under ₹2 lakhs from various loan providers and government agencies, while private banks cater to higher value loans of ₹1 crore and above. The exact loan amount sanctioned would depend on individual eligibility.