Collateral-free business credit, government margin subsidies up to 35%, and low-interest schemes for micro, small & medium enterprises.
Pradhan Mantri MUDRA Yojana provides non-collateral credit up to ₹10 Lakhs to small and micro business enterprises. Divided into 3 categories:
Loans up to ₹50,000
₹50,000 to ₹5 Lakhs
₹5 Lakhs to ₹10 Lakhs
Credit-linked subsidy scheme for setting up new micro-enterprises in manufacturing (up to ₹50 Lakhs) and service sector (up to ₹20 Lakhs). Government margin money subsidy ranges from 15% to 35%.
Bank loans between ₹10 Lakhs and ₹1 Crore to SC, ST, and Women entrepreneurs for setting up new manufacturing or trading units.
Apply Stand Up IndiaCollateral-free credit facility up to ₹2 Crore for MSMEs backed by Government of India Credit Guarantee Fund Trust cover.
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