1. Generate Self Employment Opportunities suitable to local condition for the Urban
2. Unemployed and under employed including their SHG as per their skills, training and technical expertse and aptitude.
3. Provide Technical, Marketing and other support to the target group.
4. Only income generating activities under MSME for which there is local demand are eligible for finance.

1. Individual enterprise: Individual urban poor desiring to set up an enterprise
2. Group Enterprises
3. SHG formed under NULM or Group of Urban Poor desiring to set up an enterprise Jointly
4. Minimum 05 members out of which min 70% must belong to Urban poor families
5. Minimum age of every member should be 18 years
6. Application must be forwarded by the Local Area Federation or implementing agencies i.e. UD&PA Deptt.

1. Individual Enterprises: Rs. 2,00,000/- Maximum
2. Group Enterprises: Rs. 10,00,000/- Maximum

1. Upto Rs. 50,000/- : NIL
2. Rs. 50,000/- to Rs. 2,00,000/- :: 5% of Project Cost
3. above Rs. 2,00,000/- :: 10% of Project Cost

As prescribed by the Bank, interest will be applied on monthly compounding basis