Search For "collateral free loans"
RBI allows collateral free loans of up to Rs 20 lakh to MSEs
Updated : 2 months, 1 week ago IST
"Banks are mandated not to accept collateral security in the case of loans up to Rs 20 lakh extended to units in the MSE sector. Banks are also advised to extend collateral-free loans up to Rs 20 lakh to all units financed under the Prime Minister Employment Generation Programme (PMEGP) admi
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"More than 1 lakh people will benefit": CM Rekha Gupta on Delhi government
Updated : 3 months, 4 weeks ago IST
"This MoU is very important. I understand that in Delhi, there are lakhs of young people with innovative ideas who want to start a good business, a good job, a good industry, or some initiatives in the service sector. There are many such startups that want to move forward, but there is no
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Gross NPAs in outstanding education loans of public sector banks reduced t
Updated : 5 months, 1 week ago IST
Union Minister of State for Finance Pankaj Chaudhary, in a written reply to the Lok Sabha on Monday, said that in terms of outstanding education loans, the Gross Non-Performing Assets (NPA) of Public Sector Banks (PSBs) reduced from 7% in FY 2020-21 to 2% in FY 2024-25, thereby showing the s
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Govt. promotes Credit Guarantee Scheme for MSMEs to empower first-generati
Updated : 10 months, 3 weeks ago IST
The Ministry of Micro, Small & Medium Enterprises (MSME), Government of India, is actively promoting the Credit Guarantee Scheme for Micro & Small Enterprises (CGTMSE) to empower first-generation entrepreneurs and foster self-employment opportunities.
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PM Surya Ghar Muft Bijli Yojana led to 10 lakh homes becoming solar-powere
Updated : 1 year, 2 months ago IST
The scheme offers collateral-free loans of up to Rs 2 lakhs at a marginal interest rate of 6.75 per cent through 12 public sector banks. So far over 3.10 lakh loan applications have been received by banks and over 1.58 lakh sanctioned. Loans under the scheme are disbursed to over 1.28 lakh a
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RBI increases collateral free loan limit for farmers from Rs 1.6 lakh to R
Updated : 1 year, 5 months ago IST
In a much bigger relief to small and marginal farmers the Reserve Bank of India (RBI) on Friday has hiked the limit for collateral-free loans for agricultural farmers from Rs 1.66 lakh to Rs 2 lakh per borrower.
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MSMEs will get collateral free loans of upto Rs 100 cr through a new cre
Updated : 1 year, 6 months ago IST
Union Finance and Corporate Minister, Nirmala Sitharaman on Saturday said that the Ministry of Micro, Small and Medium Enterprises (MSMEs) will get collateral-free loans of upto Rs 100 crore through a new credit assessment model by PSU banks.
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PM Modi lauds Cabinet's approval of PM-Vidyalaxmi scheme, calls it "step t
Updated : 1 year, 6 months ago IST
As the Union Cabinet approved the PM-Vidyalaxmi scheme to provide financial support to meritorious students, Prime Minister Narendra Modi hailed cabinet decision and called it a significant step towards empowering the Yuva Shakti and building a brighter future for the nation.
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Cabinet approves Vidyalaxmi scheme for students to avail easy loans for hi
Updated : 1 year, 6 months ago IST
Union Cabinet has approved a new scheme PM Vidyalaxmi, targeting middle-class students who wish to get admission to higher educational institutions but lack due to financial constraints.
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10 tips to increase your chances of getting a personal loan
Updated : 3 years, 8 months ago IST
New Delhi [India], September 17 (ANI/India PR Distribution): For most people, a personal loan is one of the most sought-after options during a financial emergency. Personal loans prove helpful for various planned and unplanned expenses - borrowers can use the funds for medical expenses, plan
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Everything you need to know about business Loans for Women
Updated : 3 years, 12 months ago IST
New Delhi [India], May 31 (ANI/ATK): Tanvi is a well-known businesswoman who owns a boutique in Delhi. She has consumers all across the country, and she gets the majority of her business orders through an online platform. Her business has grown significantly in recent years. And in order to
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Street vendors given Rs 3119 crore collateral free loans
Updated : 4 years, 2 months ago IST
New Delhi [India], March 21 (ANI): Street vendors have been given Rs 3119 crore collateral-free working capital loans under PM SVANidhi Scheme to restart their businesses adversely impacted during the COVID-19 pandemic, Union Minister of State for Housing & Urban Affairs Kaushal Kishore
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