Akshaya Mahila Arthik Sahay Yojana
This scheme offered by Bank of Baroda aims to provide financial assistance to women.
Assistance is provided to women engaged in the following:
- Retail Trade.
- Village or Cottage/Small Scale Industries.
- Allied agricultural activities.
To avail a term loan:
- DP note
- Letter of hypothecation of the machinery/ mortgage of land, factory or building
- For generating working capital:
- DP Note with letter of hypothecation of stocks/book debts,
- a letter of continuing security
- The interest rate is fixed on the credit rating system at reasonable terms.
- The application procedure is simple.
- Loan can be availed from any/nearest Bank of Baroda branch.
- Complaints/ grievances can be reported directly to the Central office or to the regional zone offices.