Top 3 Govt Loans with ZERO Collateral 💰

1.National Small Industries Corporation (NSIC):

a. Support Areas: Finance, marketing, and technology assistance for MSMEs.
b. Loan Amount: Up to ₹25 lakh.
c. Interest Rates: Floating rates.
d. Processing Time: Varies based on loan type.

2.Pradhan Mantri Mudra Yojana (PMMY):

a. Target Audience: Women entrepreneurs, service providers, and small dealers lacking adequate banking services.
b. Loan Amount: ₹50,000 to ₹10 lakh.
Interest Rates: Linked to the External Benchmark Lending Rate (EBLR).
c. Processing Time: Approximately 7 to 10 days.

3.MSME Loan Scheme:

a. Eligibility: Available to both new and existing businesses.
b. Loan Amount: Up to ₹1 crore.
c. Interest Rates: Starting as low as 8%.
d. Processing Time: Approximately 8 to 12 days.

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I Discovered The Top 3 Government Loan Schemes With ZERO Collateral! #shorts