Dena Shakti Scheme 2025: Business Loan Support for Women Entrepreneurs

If you're a woman dreaming of starting or growing your business in India, the Dena Shakti Scheme might be the financial support you need. Backed by the government and offered through Dena Bank (now merged with Bank of Baroda), this scheme is designed to empower women entrepreneurs with easy business loans. Let's break down the key features, eligibility, documents, and how to apply.

What is Dena Shakti Scheme?

The Dena Shakti Scheme for Women Entrepreneurs offers financial assistance to women who own or manage businesses. The goal is to make it easier for women to access funding, whether it's for agriculture, retail, education, or small-scale enterprises. This business loan for women in India comes with attractive interest rates and relaxed documentation.

Eligibility Criteria for Dena Shakti Scheme

To be eligible for the Dena Shakti Scheme apply online, the applicant must:

• Be a woman entrepreneur
• Hold more than 50% ownership in the business
• Be involved in eligible sectors (listed below)

This scheme supports both new and existing businesses.

Documents Required for Dena Shakti Scheme

To apply for the Dena Shakti loan for Woman Entrepreneur, you’ll need the following:

• Identity proof (Aadhaar Card, PAN Card, etc.)
• Address proof (Utility bills, Voter ID, etc.)
• Business ownership proof
• Bank account details
• Passport-sized photograph

Sectors Covered Under Dena Shakti Scheme

The scheme supports women entrepreneurs involved in:

• Agriculture and allied activities
• Micro and small manufacturing enterprises
• Retail trade
• Education
• Housing
• Transport-related services
• Small service businesses
• Microcredit enterprises

Dena Shakti Scheme Loan Details

Here's what the loan includes:

What is the Maximum Loan Under Dena Shakti Scheme?

• Up to Rs. 20 Lakhs for most sectors including agriculture and business
• Up to Rs. 50,000 under microcredit schemes

Benefits of the Dena Shakti Scheme for Women

• Concession of 0.25% in interest rates
• Flexible loan repayment options (up to 7 years)
• Wide sector coverage from agriculture to services
• Easy documentation process
• Government grants for women entrepreneurs may be combined

How to Apply for Dena Loan Scheme

If you're wondering **how to apply for Dena Shakti Scheme**, here are the steps:

1. Visit the nearest Dena Bank (now Bank of Baroda) branch

2. Ask for the Dena Shakti Scheme apply online form

3. Fill the application and attach required documents

4. Submit to the bank official for processing

Currently, the application must be initiated offline, but dena shakti scheme apply online eligibility criteria are shared on the official bank site.

Final Thoughts: Is Dena Shakti Scheme Right for You?

If you're a woman looking for funding to grow your business in India, the Dena Shakti Scheme for Woman Entrepreneur is a smart option. With reduced interest rates, simple processes, and wide sector coverage, it removes many financial barriers for female entrepreneurs.

Need help with the application? Curious if you qualify? Start by contacting your nearest bank or speaking with a verified loan consultant today.

FAQs

Q1. What is the interest rate under Dena Shakti Scheme?

A. 0.25% concession on base rate for eligible women-owned businesses.

Q2. Is Dena Shakti Scheme available online?

A. The application starts offline, but details can be viewed online under Dena Bank personal loan** section of Bank of Baroda.

Q3. Who can apply for Dena Shakti Scheme?

A. Women entrepreneurs with 50%+ business ownership.

Q4. What sectors are eligible under this scheme?

A. Agriculture, retail, transport, housing, education, manufacturing, and microcredit.

Q5. Is there an interest rate calculator for Dena Shakti Scheme?

A. Not directly, but you can calculate using Dena Shakti Scheme interest rate calculator tools on banking portals.

Q6. What is Dena Bank full form?

A. Dena stands for Devkaran Nanjee Banking Company Ltd., later nationalized as Dena Bank.