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- BMB Parvarish is for women who want to set up a day care centre. Women between the age of 21 and 55 can avail this loan. The loan repayment tenure is up to 4 years and no collateral is required. The loan can be availed for the purpose of the establishment of a child day care centre, purchase of utensils and other equipment.
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6 days ago · 1. BMB Shringaar. Bharatiya Mahila Bank (BMB) Shringaar loan is for the purchase and construction of shops and purchase of equipment for women’s businesses like a beauty parlour, Saloon and SPA. Women aged between 20 years and 60 years can avail these loans. The repayment tenure is up to 7 years and no collateral is required. 2.
Dec 1, 2022 · Bhartiya Mahila Bank (BMB) is now a part of the State Bank of India (SBI). The business loan interest rates offered by BMB shall be at the sole discretion of SBI and RBI respectively. BMB offers banking and financial services and growth opportunities to enhance businesses owned and managed by women across India.
Bharatiya Mahila Bank (BMB; lit. 'Indian Women's Bank') was a fully owned subsidiary of State Bank of India based in Mumbai, India. Former Indian Prime Minister Manmohan Singh inaugurated the system on 19 November 2013 on the occasion of the 96th birth anniversary of former Indian Prime Minister Indira Gandhi. [1]
Jan 31, 2024 · Women entrepreneurs between the age of 21 to 60 can avail the BMB Parvarish loan scheme without any collateral security under the CGTMSE scheme. Loan repayment must be made in 5 years and a 12% rate of interest is applicable.
Apr 19, 2016 · For instance, the Government has come up with schemes providing a loan to women entrepreneurs for establishing a preschool or child day-care centre by Bharatiya Mahila Bank and Punjab National Bank called the BMB Parvarish loan scheme which requires loan repayment in 5 years and a 12% rate of interest.
Feb 26, 2020 · BMB Parvarish loan is granted to start a daycare centre wherein a collateral-free loan of upto Rs. 1 Crore under the CGSTSM scheme. The loan amount is for a period of upto 5 years with an interest rate of 12.25%. The foremost benefit of this scheme is that women as young as 18 can avail the loan.
May 7, 2021 · BMB Parvarish – Loan For Day Care Centre. Documents Required for Bhartiya Mahila Bank. Listed below are the documents required by the bank for providing BMB Business Loans to women entrepreneurs: Additional Documents for Self-employed. Certification of employment or Continuation of Organization. Paid certification: Last year’s appointment letter.
