Skip to main content

Posts

Showing posts from September, 2021

How do I get collateral free SME loans for your business in India?

THERE ARE 2 MAIN COLLATERAL Free SME LOANS AVAILABLE CGTSME;- IN THIS LOAN YOU CAN GET LOAN UPTO 2CR BUT YOU HAVE TO CONTRIBUTE MINIMUM 25% OF PROJECT COST REMAINING WILL BE FINANCED BY BANK AND YOU HAVE TO PAY 1% OF YOUR PROJECT COST EVERY YEAR TO SECURE LOAN WITH OUT COLLATERAL PMEGP  PMEGP is a central govt Scheme for only new entrepreneurs who want to start there manufacturing or service business… its a subsidy Scheme subsidy will be from 15% to 35% of total approved project cost owners contribution will be 5% to 10% of total approved project cost i have availed this loan for my project in banglore Get ready with the project you want to do prepare a project report on it identify the place where you want to start you project apply online application in kvic website there will be an interview process by kvic/dic/kvib chosen nodal agency before interview talk to banks who is ready to give loan to your project get a communication letter from bank and submit in interview if your pro...

When will they give money, whether before starting the business work or after completion of business work in a PMEGP loan?

  BEFORE STARTING YOUR BUSINESS.. PMEGP is a central govt Scheme for only new entrepreneurs who want to start there manufacturing or service business… its a subsidy Scheme subsidy will be from 15% to 35% of total approved project cost owners contribution will be 5% to 10% of total approved project cost i have availed this loan for my project in banglore Get ready with the project you want to do prepare a project report on it identify the place where you want to start you project apply online application in kvic website there will be an interview process by kvic/dic/kvib chosen nodal agency before interview talk to banks who is ready to give loan to your project get a communication letter from bank and submit in interview if your project is selected it will get forwarded to bank submit all required (asked) documents to bank bank will process the application and they will do inspection of your project place bank will sanction the loan.. get sanction later from bank and submite in kvi...