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Business, & agriculture finance

Canara Mahila Vikas

Women-focused overdraft and term-loan finance above ₹10 lakh, with 20% margin, one-year working-capital tenure and term repayment up to 84 months.

Facility amountMinimum loan above ₹10 lakh; working-capital overdraft and term-loan facilities are available.RateMinimum RLLR p.a.; maximum RLLR + 1.00% p.a., subject to risk rating and collateral value.Customer typeWomen-owned/managed MSME enterprises in manufacturing, services, trading, small business and retail trade; women must hold at least 51% of partner/share capital in eligible partnership, LLP and company structures.
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Quick eligibility check

Canara Mahila Vikas

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Women-owned/managed MSME enterprises in manufacturing, services, trading, small business and retail trade?

Published source: Customer type

2Do you meet this requirement: women must hold at least 51% of partner/share capital in eligible partnership, LLP and company structures?

Published source: Customer type

3Do you meet this requirement: Women must own/manage the enterprise?

4Do you meet this requirement: For partnerships, LLPs and private/public companies, women must hold at least 51% of partner/share capital?

5Do you meet this requirement: Existing entities need two years’ operations and satisfactory two-year banking track record?

6Document checkDo you have this required document or proof: NF998 MSME application and KYC?

Published source: Documents

7Document checkDo you have this required document or proof: Unit/promoter address proof?

Published source: Documents

8Document checkDo you have this required document or proof: Licences/permissions?

Published source: Documents

9Document checkDo you have this required document or proof: Three years financial papers with ITR/projections?

Published source: Documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 4 Sept 2026 · active
Offered byCanara Bank

India through Canara Bank branches

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Customer typeWomen-owned/managed MSME enterprises in manufacturing, services, trading, small business and retail trade; women must hold at least 51% of partner/share capital in eligible partnership, LLP and company structures.View source
Complete purpose, target-group and ownership rows reviewed.
Source
Canara Mahila Vikas
Page / section
Purpose and target group
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Turnover / vintageExisting entities need at least two years of business operations and a satisfactory two-year banking track record; no turnover floor is published. New units may be accepted on satisfactory market opinion.View source
Complete eligibility conditions reviewed.
Source
Canara Mahila Vikas
Page / section
Eligibility
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Facility amountMinimum loan above ₹10 lakh; working-capital overdraft and term-loan facilities are available.View source
Complete facility and quantum rows reviewed.
Source
Canara Mahila Vikas
Page / section
Nature of facility and quantum
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
RateMinimum RLLR p.a.; maximum RLLR + 1.00% p.a., subject to risk rating and collateral value.View source
Published minimum/maximum rows reviewed.
Source
Canara Mahila Vikas
Page / section
Rate of interest
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
TenureWorking-capital facility tenable for one year; term loan up to 84 months including moratorium.View source
Complete repayment rows reviewed.
Source
Canara Mahila Vikas
Page / section
Repayment period
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Security / margin20% margin for working capital and term loan. Primary security is hypothecation of assets created from the loan; land/building and/or approved securities are stipulated according to Low/Normal/Moderate risk rating. Agricultural property is not accepted.View source
Complete margin/security and property conditions reviewed.
Source
Canara Mahila Vikas
Page / section
Margin and security
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
FeesThe official scheme page links applicable service charges but prints no fixed numeric processing fee.View source
Full official page reviewed; no fixed processing fee is printed.
Source
Canara Mahila Vikas
Page / section
Service charges
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
DocumentsNF998 application, KYC/address proof, licences/permissions, three years financial papers with ITR/projections, guarantor asset details, valuation report and stock statement.View source
Complete document list reviewed.
Source
Canara Mahila Vikas
Page / section
Documents
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Geographic limitsIndia through Canara Bank branches; land/building security must have an approved building plan and leasehold mortgage permission where applicable.View source
National scheme page and security conditions reviewed.
Source
Canara Mahila Vikas
Page / section
Security and availability
Accessed
4 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • Working-capital overdraft and term loan
  • Facility above ₹10 lakh
  • 20% WC/TL margin
  • Term loan up to 84 months including moratorium
  • to + 1.00%
  • Minimum promoter CIC score 650

Eligibility

  • Women must own/manage the enterprise. For partnerships, and private/public companies, women must hold at least 51% of partner/share capital. Existing entities need two years’ operations and satisfactory two-year banking track record; new units may qualify on satisfactory market opinion.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • NF998 application and
  • Unit/promoter address proof
  • Licences/permissions
  • Three years financial papers with /projections
  • Guarantor asset details
  • Valuation report
  • Stock statement

Related official documents

Canara Mahila Vikasofficial-product-page · current · accessed 4 Sept 2026
↗

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Loan repayment estimate

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One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

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Risk Capital Assistance · Eligible customer with qualifying profit/banking track record

This value is copied from Canara specialised finance terms. Check the table notes before relying on it.

Source: Canara Risk Capital Assistance and Mahila Vikas pages · Complete product tables Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 2 rows · 7 columnsCanara specialised MSME finance termsView tableHide table

Scroll sideways to view every column

Canara specialised MSME finance terms
ProductEligible customerFacility amountRateSecurity / marginRepaymentFees
Risk Capital Assistance with qualifying profit/banking track record₹25 lakh–₹10 crore; sub-debt ≤ one-third post-project TNW-linked; fixed percentage not publishedMovable hypothecation, immovable mortgage, collateral/7 years incl. moratoriumNot published
Mahila VikasWomen-owned ; ≥51% women partner/share capitalAbove ₹10 lakh to + 1.00%20% margin; hypothecation; risk-based collateralWC 1 year; TL up to 84 monthsNot published
Canara Risk Capital Assistance and Mahila Vikas pages · Complete product tables · accessed 4 Sept 2026Open official source ↗

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