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Jun 26, 2020

MUDRA LOAN GET 500000 RUPEE LOAN WITH SHISHU LOAN

MUDRA LOAN GET 500000 RUPEE LOAN WITH SHISHU LOAN

The Modi government is giving Rs 50,000 for business without guarantee, this way you can also apply.

If you are planning to start a new business and do not have the money for it, you can take advantage of Prime Minister Modi's scheme. Due to the Coronavirus and lockdown, the Modi government is offering discounts of up to 2 percent on interest rates on loans under the Mudra Shishu Yojana. Not only one or two but 93.7 million people in the country will benefit from this loan concession given by the government.

MUDRA LOAN GET 500000 RUPEE LOAN WITH SHISHU LOAN
MUDRA LOAN GET 500000 RUPEE LOAN WITH SHISHU LOAN


If money is needed, this scheme of Modi government is the best
The government is giving money for business without any guarantee
This way you can also avail the benefits of this scheme
Here you can get Shishu Mudra loan

You can take this loan mainly to open a shop, start a street lorry or any other small work. These loans range from commercial banks to small finance banks, MFIs, and NBFCs. The loan in this scheme is given without any guarantee. Anyone can apply for a loan by visiting these institutions. You can also apply for a loan by visiting the government's online portal https://www.udyamimitra.in.

What is an infant currency loan?

Under Shishu Mudra Yojana, you can start your work by taking a loan. The government is giving you a discount of up to 2% on this loan. Under this scheme, you can take a loan of up to Rs. 50,000 to start your small and big business.

There seems to be so much interest in infant currency loans

Under this scheme, 9 to 12 percent interest is charged. In which the government has now given a waiver of up to 2 percent. Under the Mudra scheme, the borrower will get this exemption from June 1, 2020, to May 31, 2021. For which Rs 1540 crore will be spent this year.


IMPORTANT LINK

READ IN GUJARATI CLICK HERE
OFFICIAL SITE CLICK HERE

Loans can only be obtained without a guarantee

Loans are given without any guarantee under Mudra Yojana. Apart from this no processing charge is also levied for the loan. The payment period in the Mudra scheme can be extended up to 5 years. The borrower gets a currency card, which can be used to spend on business needs.

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