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🔸 It is meant for Small businesses coming under the ambit of MSMEs.

🔹 You can get a Business loan without providing any collateral.

🔸 It was launched in 2015, these loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs and NBFCs

🔹 It has 3 products namely 'Shishu', 'Kishore' and 'Tarun' to signify the stage of growth / development and funding needs of the business.

🔸 Shishu for loans upto ₹50,000

Kishore for ₹50,000 to ₹5 Lacs

Tarun for ₹5 Lacs to ₹10 Lacs

🔹Loans of ₹10,000 crores were sanctioned for 2021-2022

🔸 You can approach any of the financial institution or apply through udyamimitra.com

👉🏻 On the website, if you are finding it difficult to fill the form, govt provides you option to contact a consultancy & you can take their help to fill the form. It will be a paid service.

👉🏻 And keep monitoring status of your application through the section of Submitted Application

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