Business Loan in Bihar 10 Lakh: Hello friends, if you are from Bihar and want to start a new business and you are short of money, then there is no need to worry anymore. Bihar government has run a scheme which is providing loan to start a new business, so under the scheme run by Bihar government, you can get a loan up to Rs 10 lakh and you will also get a subsidy of up to Rs 5 lakh. Let us tell you that the name of this scheme is “Mukhyamantri Udyami Yojana” under this you can also get a loan to start a new business. If you also want to take a loan under this scheme, then you will have to apply online for it, complete information about it is given in the article below. Along with this, quick links have also been provided from where you can easily apply for Business Loan in Bihar 10 Lakh online.
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Business Loan in Bihar 10 Lakh -Bihar Udyami Yojana 2024 Online Apply
Bihar government has launched a scheme to promote employment named Mukhyamantri Udyami Yojana. Under this scheme, people are being provided financial assistance in the form of loan of Rs 10 lakh to start new businesses. Out of the loan of ₹10,00000 being provided by Bihar Industries Department, ₹50,00000 is being given as subsidy and the remaining Rs 5 lakh will be available at 0% interest. This loan will have to be returned in 7 years. This loan will be available only for starting a new business. Complete information about how to get loan from this scheme is given in the article below.
For your information, let us tell you that online application for Bihar Laghu Udyami Yojana has started, the date for submission of application form of Laghu Udyami Yojana Bihar is from 05.02.2024 to 20.02.2024. You are requested to apply as soon as possible to avail the benefits of this scheme.
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Features of Bihar Udyami Yojana 2024
- This loan will be available to youth and women to start new business including beauty parlor, furniture, wiring, bakery, computer hardware, plastic material, marble and other businesses.
- Subsidy up to ₹ 500000 will also be available under this scheme.
- And up to ₹500000 will be provided at 0% interest.
- This loan has a long repayment period which is up to 7 years.
- Under this scheme, the loan amount will be provided in three installments.
- You can repay the loan in these 84 installments.
- An amount of ₹25000 will also be provided for training per beneficiary.
- Or only those starting a new business will get the loan.
Eligibility to apply for Chief Minister Udyami Yojana
- The applicant must be a resident of Bihar state.
- The age of the applicant should be above 18 years.
- The person applying should belong to SC/ST or OBC category only.
- Must have educational qualification which should be at least 12th or ITI pass.
Documents required for application of Chief Minister Udyami Yojana
- Address proof
- PAN card
- Aadhar card
- caste certificate
- educational qualification certificate
- passport size photo
- bank passbook bank
- statement
- mobile number
Application process to get Chief Minister Udyami Yojana loan
To get a loan under Bihar Udyami Yojana, one has to apply online. The online application process for Business Loan in Bihar 10 Lakh is as follows:
- First of all you have to go to the official website https://udyami.bihar.gov.in/ of Bihar Udyami Yojana.
- After this the option of registration will appear, click on it.
- Then you will have to login by entering your Aadhaar number.
- Then after this you will receive the password and ID on your email ID.
- Then login by entering the audio and password.
- After logging in, a form will open in front of you, fill all the information asked correctly.
- After this, teacher details, family details, details related to your organization, details about the project and finance related details will have to be filled sequentially.
- Finally, upload the required documents and click on submit.
After successful completion of the form, the loan amount will be transferred to your bank by the government after verification of your personal information and given details. Thus, you can apply online to get a loan under the Mukhyamantri Udyami Yojana and avail the benefits of this scheme.
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