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Business Loan for SC, ST, OBC Categories

Company Loan at cheapest interest levels

  • Provides from India's top banking institutions & NBFCs
  • Simple, transparent & convenient procedures
  • Fast disbursals

Make an application for Company Loan under SC/ST/OBC Categories

*Offers come from Paisabazaar's partner Banks & NBFCs.

Bearing in mind the borrowing that is special of this SC, ST and OBC entrepreneurs, the federal government of Asia has launched the Stand-Up India Scheme as an element of its monetary addition effort. Further, having a view to deliver equal possibility to all, the loans have now been framed you might say to profit this category with relaxed requirements in the event of creating a venture that is new. Remain true India is one of the different brand brand new security that is social introduced by the us government of Asia.

We will now check out the attributes of ecommerce loan or working money loan:

Stand-up Asia Scheme – performing Capital Loan – 2020
Interest RateMCLR + 3% + Tenor Premium
Loan AmountMin. Rs. 10 lakh & Max. Rs. 1 crore
Age Criteria18 years
Repayment Tenure7 years with maximum. moratorium period of 18 months
Shareholding Stake51% held by SC/ST & ladies Entrepreneur
Working Capital LimitAbove Rs. 10 lakh set for of money Credit limit
Margin25%

Note: The mentioned interest levels, charges and costs are susceptible to alter and be determined by the single discernment for the bank and RBI. GST and solution taxation will be levied additional on the mentioned fees

Stand-up Asia Scheme will be operated by all of the branches of Scheduled banks that are commercial Asia.

Rate Of Interest

The attention price under this scheme will be the interest rates that are lowest made available from the lender for a specific group of financing.