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Government Scheme For MSME | Bank Of Maharashtra

Different government schemes for MSME. Schemes like PMMY, SUI, PMEGP.

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Government Scheme For MSME | Bank Of Maharashtra

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  1. Government Scheme For MSME Bank Of Maharashtra www.bankofmaharashtra.in

  2. Different Schemes For MSME • Pradhan Mantri Mudra Yojana(PMMY) • Stand Up India Scheme(SUI) • Pradhan Mantri Employment Generation Program(PMEGP) www.bankofmaharashtra.in

  3. Pradhan Mantri Mudra Yojana(PMMY) Schemes Under PMMY are: • Shishu - Loan upto 50000/- • Kishore - Loan from 50001/- to 500000/- • Tarun- Loan from 500001/- to 1000000/- www.bankofmaharashtra.in

  4. Stand Up India Scheme(SUI) Eligibility Criteria • SC/ST and/or Women entrepreneurs, above 18 years old. • Only Available for Green field projects • In case of non-individual enterprises, 51% of the shareholding and controlling stake should be held by either SC/ST and/or Women Entrepreneurs. • Borrower should not be in default to any bank/financial institutions. Nature Of Loan: • Composite loan between 10 lakhs and upto 100 lakhs Interest Rate: • For Loan of RS 10 lakhs: RLLR based • For Loans above Rs 10 lakhs and upto 100 lakhs: As per Risk Based pricing for macro and small enterprises. www.bankofmaharashtra.in

  5. Pradhan Mantri Employment Generation Program(PMEGP) Eligible Borrowers: • Individuals above 18 years of age. • VII std, Pass required for project above RS 10 lakhs in manufacturing and above RS 5 lakhs for service sectors. • Self Help Groups and charitable trusts • Institutions registered under Societies Registration Act- 1860 • Production based Co-Operative societies. Rate Of Interest- RLLR Based www.bankofmaharashtra.in

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