Home / State Schemes for MSMEs
State: Madhya Pradesh
Description of the Scheme: Young people will be able to apply for loans ranging from Rs. 1 lakh to Rs. 50 lakh under this plan. The proposal is unique in that the state government will provide a 3% interest subsidy in addition to a bank guarantee.
Target group :
Sector of the Scheme:
Eligibility Criteria: Youth of Madhya Pradesh
Nature & Mode of Assistance: The scheme's unique feature is that the state government would provide a 3% interest subsidy as well as a bank guarantee.
"Financial Information (Subsidy, low interest rate, etc.)": Young people will be able to apply for loans ranging from Rs. 1 lakh to Rs. 50 lakh under this plan. The proposal is unique in that the state government will provide a 3% interest subsidy in addition to a bank guarantee.
"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":
How to apply: District Industries Centre
Whom to Contact: