Business, & agriculture finance

Weaver Mudra Scheme

Apply online for Weaver Mudra Scheme designed to empower weavers with financial support. Learn about the benefits, eligibility & application process for handloom loans at Bank of Baroda.

Maximum limit₹5 lakh inclusive of demand-loan and working-capital finance.RateThe Weaver page states that ROI follows the prevailing MSME segment rate and BRLLR. The current MSME matrix gives micro pricing of BRLLR + SP up to ₹50,000, BRLLR + SP + 2.00% above ₹50,000 to ₹2 lakh and BRLLR + SP + 2.20% above ₹2 lakh to ₹10 lakh; this ₹5 lakh scheme therefore falls in the latter micro band for its maximum facility. Government interest subsidy targets a 6% borrower rate for working capital, with subsidy capped at 7% and available for up to 3 years from first disbursement.Customer typeEligible micro, small and medium enterprises

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✓ Manually checked 30 Aug 2026 · active

Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Eligible weaversExisting or experienced handloom weavers involved in weaving; the scheme is available to eligible handloom organisations in rural and urban areas.View source

The official scheme page states the handloom-weaver and organisation scope.

Source: Weaver Mudra Scheme
Page / section: Features / Terms and Conditions — Eligibility
Accessed: 23 Aug 2026
Confidence: high

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Permitted usesPurchase of looms and related capital expenditure, plus need-based working capital.View source

The official terms list loom/capex and working-capital uses.

Source: Weaver Mudra Scheme
Page / section: Terms and Conditions — Purpose / Facility
Accessed: 23 Aug 2026
Confidence: high

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Maximum limit₹5 lakh inclusive of demand-loan and working-capital finance.View source

The official terms publish the ₹5 lakh inclusive ceiling.

Source: Weaver Mudra Scheme
Page / section: Terms and Conditions — Maximum Limit
Accessed: 23 Aug 2026
Confidence: high

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Margin and assessment20% of total project cost. Demand loan finances 80% of looms and other capital expenditure; working-capital finance is 20% of projected turnover less margin.View source

The official terms publish the project margin and assessment formulas.

Source: Weaver Mudra Scheme
Page / section: Terms and Conditions — Margin / Assessment
Accessed: 23 Aug 2026
Confidence: high

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Government supportWorking-capital loans are supported toward a 6% borrower interest rate; government subsidy covers the difference between the applicable bank rate and 6%, capped at 7%. GOI margin-money assistance is 20% of loan amount up to ₹25,000.View source

The official subsidy section publishes interest support and margin-money assistance.

Source: Weaver Mudra Scheme
Page / section: Terms and Conditions — Subsidy
Accessed: 23 Aug 2026
Confidence: high

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Security and Mudra CardExclusive hypothecation of machinery and stock, CGTMSE credit guarantee and a Mudra Card with daily withdrawal limit of ₹5,000.View source

The official terms publish security and the Mudra Card daily withdrawal limit.

Source: Weaver Mudra Scheme
Page / section: Terms and Conditions — Securities / Mudra Card
Accessed: 23 Aug 2026
Confidence: high

Open official source ↗

RateThe Weaver page states that ROI follows the prevailing MSME segment rate and BRLLR. The current MSME matrix gives micro pricing of BRLLR + SP up to ₹50,000, BRLLR + SP + 2.00% above ₹50,000 to ₹2 lakh and BRLLR + SP + 2.20% above ₹2 lakh to ₹10 lakh; this ₹5 lakh scheme therefore falls in the latter micro band for its maximum facility. Government interest subsidy targets a 6% borrower rate for working capital, with subsidy capped at 7% and available for up to 3 years from first disbursement.View source

The current page publishes ₹5 lakh maximum, -linked pricing and the 6% interest-subsidy target/cap for up to 3 years.

Source: Weaver Mudra Scheme — current official page
Page / section: Terms and Conditions — Subsidy; Interest Rates & Charges
Accessed: 11 Sept 2026
Confidence: high

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Collateral / securityExclusive hypothecation of machinery and stock is stated, together with a Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) credit guarantee. The page does not require additional collateral in its published security section.View source

The official security section lists hypothecation and guarantee only.

Source: Weaver Mudra Scheme
Page / section: Terms and Conditions — Securities
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Required documentsThe reviewed official page does not enumerate a product-specific document checklist. It states that assistance is available to existing or experienced handloom weavers and eligible handloom organisations; applicants should confirm the bank's current appraisal documents at the branch.View source

The full page contains no Documents Required section or itemised application-document list.

Source: Weaver Mudra Scheme
Page / section: Complete page reviewed
Accessed: 30 Aug 2026
Confidence: high

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Geographic limitsExisting or experienced handloom weavers involved in weaving; the scheme is available to eligible handloom organisations in rural and urban areas.View source

The manually reviewed product record states: “Existing or experienced handloom weavers involved in weaving; the scheme is available to eligible handloom organisations in rural and urban areas.”.

Source: Weaver Mudra Scheme — official product page
Page / section: Published product metadata
Accessed: 15 Aug 2026
Confidence: high

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Customer typeEligible micro, small and medium enterprisesView source

The manually reviewed product record states: “Eligible micro, small and medium enterprises”.

Source: Weaver Mudra Scheme — official product page
Page / section: Published product metadata
Accessed: 15 Aug 2026
Confidence: high

Open official source ↗

Benefits and features

Purchase of looms and related capital expenditure, plus need-based working capital.

Eligibility

Existing or experienced handloom weavers involved in weaving
the scheme is available to eligible handloom organisations in rural and urban areas.

Passing a listed condition does not mean the bank will approve an application.

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Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

One monthly payment₹12,647twelve thousand six hundred forty-seven rupees

Interest paid over the full loan₹5,35,300five lakh thirty-five thousand three hundred rupees

Everything you repay₹30,35,300thirty lakh thirty-five thousand three hundred rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Term

Purpose · Published detailLoom purchase, related capital expenditure and need-based working capital

This value is copied from Weaver Mudra Scheme — complete published terms. Check the table notes before relying on it.

Source: Weaver Mudra Scheme · Features; Terms and Conditions; Interest Rates & Charges Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 11 rows · 2 columnsBOB Weaver Mudra Scheme — complete published termsStructured capture of all material terms on the official Weaver Mudra page.View tableHide table

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BOB Weaver Mudra Scheme — complete published terms
Term	Published detail
Purpose	Loom purchase, related capital expenditure and need-based working capital
Eligibility	Existing or experienced handloom weavers; eligible handloom organisations; rural and urban implementation
Facilities	Demand loan and working-capital finance
Maximum limit	₹5 lakh inclusive of demand loan and working-capital finance
Margin	20% of total project cost
Assessment	Demand loan up to 80% of loom/capex cost; working-capital finance 20% of estimated/projected turnover less margin
Interest support	Working-capital borrower rate 6%; government subsidy covers difference, capped at 7%; GOI margin-money assistance 20% up to ₹25,000
Security	Exclusive hypothecation of machinery and stock; credit guarantee
Mudra Card	Daily withdrawal limit ₹5,000
Pricing	Competitive rate linked to ; subsidy available only up to 3 years from first disbursement
Tenure / fees / documents	Not published on the reviewed page

means Credit Guarantee Fund Trust for Micro and Small Enterprises; means Baroda Repo Linked Lending Rate.

Weaver Mudra Scheme · Features; Terms and Conditions; Interest Rates & Charges · accessed 30 Aug 2026Open official source ↗

Weaver Mudra Scheme

What the official sources publish

Benefits and features

Eligibility

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

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