Government Loan Schemes For Small Business In India

Some of the most significant kinds of Government loan schemes for small businesses.

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MSME Business Loans in 59 Minutes

The interest on such loans begins at 8.5%, and the loan amount granted under this scheme can range from 1 lakh to 5 lakh.

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Such loans have created the low-cost credit concept for micro and small businesses.

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Stand-Up India

The loan granted under this scheme can range from Rs. 10 lakhs to Rs. 1 crore.

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Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGFMSE)

The funding under this scheme can provide for working capital loans up to Rs. 200 lakhs with a preference for eligible women entrepreneurs.

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Credit Link Capital Subsidy Scheme for Technology Upgradation

This scheme allows small businesses to upgrade their process by financing technological upgradation.

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Udyogini, meaning women empowerment, is a scheme that has been initiated for empowering Indian women.