Government loan schemes for financing MSME Business
Too many loan schemes for your business getting confusing? Here are the top 3 that you can opt for:
Loan in 59 minutes in a hurry to get a loan?
Well, you only need 59 minutes to receive a loan-up interest rate. Simply to INR 5 crores at 8.5% upload your GST number, income tax returns, bank statement for 6 months and owner details.Voila! Receive in-principle approval in 59 minutes.
Credit link capital subsidy scheme(CLCSS)
Got ideas, but falling short of capital for technology upgradation? Get 15% capital subsidy on investment in plant & machinery till INR 1 Crore. 45,214 MSE units with valid UAM number got support between FY17 & FY21.
Pradhan Mantri Mudra Yojna
Want to know the stage of your MSME's growth and funding needs? Mudra categorizes it under Shishu, Kishore and Tarun
and fulfills loan requirements up to