Indian government loan scheme for small business
|
Small Scale Businesses Sarkari Loan Scheme |
Rate of Interest (per annum) |
Total Loan Amount |
Repayment Tenure of Government loan |
|
Sarkari Loan Scheme – SIDBI Make in India Loan for Enterprises (SMILE) |
At the discretion of SIDBI |
Rs.10 lakh onwards |
Up to 10 years including 3 years moratorium |
|
Sarkari Loan Scheme –Pradhan Mantri Mudra Yojana (PMMY) |
Varies from bank to bank |
Up to Rs.10 lakh |
Varies from bank to bank |
|
Sarkari Loan Scheme –Credit Guarantee Scheme |
– |
Up to Rs.1 crore |
– |
|
Sarkari Loan Scheme –Bank Credit Facilitation Scheme |
Varies from bank to bank |
Varies from bank to bank |
5 years to 7 years |
|
Sarkari Loan Scheme –Stand-Up India Scheme |
Up to base rate + 3% + tenor premium |
Rs.10 lakh to Rs.1 crore |
7 years |
|
Sarkari Loan Scheme –MSME Loans in 59 minutes |
8.5% onwards |
Rs.1 lakh to Rs.5 crore |
As per the ban |
