You also have 8 passes to take up to 10 lakh loans, read where, how, get support
You also have 8 passes to take up to 10 lakh loans, read where, how, get support.
Even if you pass 8th standard, you can take a loan of 10 lakh rupees from the government. You must meet just one simple condition for that. The amount of loan is increased by the government. Your level of education is higher than the level of education. The loan of more than 25 lakh will be given to you by the government. However, this loan must meet a condition.
To take out a loan you must first prepare for any business and have to prepare a project report. After seeing the project report, Khadi gram industry will announce the loan from the government.
The scheme is to start your business. This loan is already available to anyone who has a new name called the Prime Minister's Employment Sujan Program (PMEJP). Anyone above 18 years of age can take a loan in such a way. This will provide people living in both urban and rural places. A person in the general category can also take advantage of this scheme. With that, SC, ST OBC People with low income, women, Divyag, former army staff, North East and mountainous areas will also be given special assistance. Self-help groups, societies and charitable trusts can also apply for this type of loan.
Urban applicants must have at least 10 percent their own capital to take loans. As well as rural areas applicants have 5% of their capital. Urban applicants of general category will get 25% of the project and 15% of applicants living in rural areas will get the loan on loan. Other categories of applicants will get 25% to 35% ofફ.
If you have any kind of factory you can take a loan of up to 25 lakhs. And the limit for starting a business in the service sector is 10 lakh rupees. (It takes interest on the loan and how long it takes to pass loans since the process and other troubles. You can research your ways. Know that venture capitalist big business is not bigger than its capital; But even if the bank has any money from small ones, then see all the risks too.)