Soft Loan Scheme for Women Entrepreneurs — Frequently Asked Questions
Answers to the questions founders most often ask about Soft Loan Scheme for Women Entrepreneurs — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the maximum loan amount under this scheme?
The maximum loan amount is ₹15 lakh, but it is capped at 80% of the value of a secured purchase order from a Kerala government department or Public Sector Undertaking.
What are the repayment terms?
The loan carries a simple interest rate of 6% per annum and must be repaid within one year or upon full settlement of the project, whichever is earlier.
Who is eligible to apply?
Women entrepreneurs leading a registered LLP or Private Limited company in Kerala, with an active KSUM Unique ID and DPIIT registration. The startup must have an innovative product or technology and hold a purchase order from a Kerala government department or PSU.
What types of startups are not eligible?
Service startups and SMEs primarily engaged in trade and commerce are generally not eligible. The scheme focuses on product or technology startups.
Is DPIIT registration mandatory?
Yes, the startup must have DIPP (DPIIT) registration with an 'Active' or 'Active Compliant' status with the Ministry of Corporate Affairs.
Does this scheme take equity?
No, this is a soft loan (debt), so it is non-dilutive. No equity is taken from the startup.
How is the loan disbursed?
The loan is disbursed in milestones: an advance payment is given initially, followed by subsequent tranches as project milestones are completed and certified by the client.
What documents are typically needed to apply?
You will need to provide your KSUM Unique ID, DPIIT registration proof, the secured purchase order from a government department or PSU, company registration documents (LLP or Pvt Ltd), and director's CIBIL score details.
Is there an application deadline?
No, the scheme is rolling and always open. You can apply at any time through the KSUM portal.
How do I apply?
Applications are submitted through the KSUM portal at startupmission.kerala.gov.in under the 'Women Soft Loan' scheme.
How much funding does Soft Loan Scheme for Women Entrepreneurs provide?
Soft Loan Scheme for Women Entrepreneurs provides ₹15L (up to) as debt / loan. Always confirm the exact amount and any conditions on the official site, as figures can change between cohorts.
Who offers Soft Loan Scheme for Women Entrepreneurs?
Soft Loan Scheme for Women Entrepreneurs is offered by Kerala Startup Mission, a government body. It is provided as non-dilutive funding.