Union Nari Shakti can be availed by all Women owned and managed MSMEs with at least 51% of shares owned by women. SHGs having Udyam registration can also apply for Union Nari Shakti Loan.

The quantum of loan ranges from ₹2.00 lakh and no ceiling on Maximum loan.

The minimum margin required under union Nari Shakti scheme is 5 % (for loans upto Rs.100.00 Lacs) and 15% (for loans above Rs.100.00 Lacs)

Loans up to Rs.5.00 Crore are eligible to be covered under CGTMSE without any collateral security.

Loan above Rs.5.00 Crore may be covered under Hybrid Model of CGTMSE. Accordingly, exposure above Rs.5.00 Crore which is not covered under CGTMSE is required to be covered by 25% collateral.

Union Bank of India is offering the finance to Women Entrepreneurs with very competitive features along with lower interest and margin requirements in the industry.