1 Crore Loan: Without any collateral Rs. A loan of Rs. | Telugu News

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1 Crore Loan Without Any Collateral Rs A Loan Of Rs

1 Crore Loan: Some people think of doing a job while others think of doing business. Those who set a goal and take challenges do well in business. But some people do not have the proper capital to invest in the business. With this, they want to take a loan from the bank and do business. But banks do not come forward to give loan without any collateral. In this background, the central government has brought forward a new scheme to encourage such people. Through this scheme without any guarantee Rs. Provides loan assistance up to Rs. If we go into the details of that scheme..

Those with a business mind set move forward with confidence. But some are less motivated. To excel in business is not an ordinary thing. Many ups and downs have to be faced. There is no belief that the investment will return. Don't dare to invest in such situations. But they want to take a bank loan. But it is difficult to give bank loan without surety. But the central government has made a new scheme available.

Through the Stand Up India scheme made available by the central government, one can take a loan of one crore rupees through a bank without any collateral. Through this scheme SC, ST as well as women will be provided loan facility for new business. But they have to submit documents related to their business. These are manufacturing, service and trading sectors as well as agriculture based business start-ups are eligible for this scheme. Hence those starting a new business can take this scheme as a non-loan investment.

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