Green Loans for Rural Women: Empowerment Through Finance
Sep 16, 2025 | 4 mins read
Vikaas Loan is designed to provide financial solutions with minimal hassle. The application process is simple and having the correct vikaas loan documents ensures faster approval. Whether you’re a salaried individual, a self-employed professional, or a business owner, the required documentation remains the same. However, co-applicant documents are required. Simplify your loan application process by understanding the necessary paperwork.
| Documents Types | Id proof | Address Proof | Income Proof |
|---|---|---|---|
| Pan card | y | ||
| Adhaar Card | y | ||
| Rent agreement / current Address proof | y | ||
| Bank statement (Optional. Based on loan requirement) | y |
1. Agricultural fields
Our staff members will visit the field to assess it
2. Household profiling
Our staff members will visit to assess the household profile of the customer
3. Passport sized photos
Document photo, applicant photo and group photo are needed.
Customers should also present to take pictures
4. Additional documents
Information of the Bank account of applicant & joint account of co applicant/s
The minimum loan amount is offered under the Vikaas Loan scheme is ₹ 15,000 and the maximum is upto ₹ 45,000.
Yes, there is a processing fee of 1.25% of the loan amount, plus GST.
A: Women borrowers, aged between 20 and 60 years, who are first time members of joint liability groups in rural areas are eligible for a Vikaas Loan.
No, only first time borrowers who have not borrowed from any organisation before can apply for Vikaas Loan.
The tenure for repayment of a Vikaas Loan is 24 months.