Mukhyamantri Laghu Udhyog Protsahan Yojana Rajasthan
Various schemes are run by the government to promote self-employment opportunities. Today we are going to provide you information related to one such scheme launched by the Rajasthan government. Whose name is Rajasthan Chief Minister Small Industries Promotion Scheme. By reading this article you will get all the important information related to this incentive scheme. Such as what is Rajasthan Chief Minister Small Industries Promotion Scheme? its benefits, objectives, features, eligibility, important documents, application process etc. So, friends, if you want to get all the important information related to Mukhyamantri Laghu Udhyog Protsahan Yojana 2023, then you are requested to read our article till the end.
Mukhyamantri Laghu Udhyog Protsahan Yojana-Description
The subsidy rate under this scheme will be from 5% to 8%. Loan up to Rs 10,00,00,000 can be taken under this scheme. The maximum limit for business loan is ₹1,00,00,000.1 Under Mukhyamantri Laghu Udhyog Protsahan Yojana 2023, the nature of loan can be composite loan, term loan and working capital loan. No collateral security will be required for loans up to ₹1000000.
Loans up to ₹1000000 will be forwarded by the bank without any interview and loans above ₹1000000 will be forwarded to the District Level Task Force Committee after scrutiny by the bank.
Overview
Name of the scheme |
Mukhyamantri Laghu Udhyog Protsahan Yojana |
Started by |
Rajasthan government? |
Beneficiary |
citizens of Rajasthan |
Objective |
To promote self-employment |
Official website |
https://sso.rajasthan.gov.in/signin?ru=mlupy |
year |
2023 |
Subsidy rate |
5% to 8% |
Objective
- A maximum loan of up to Rs 10 crore will be provided through this scheme.
- The maximum limit of loan for business is Rs 1 crore.
- For weavers holding Weaver Card, 100 percent interest on loan up to ₹ 100,000 will be fully reimbursed in the form of a grant.
- If the interest on bank loan is equal to or less than the above rate then 100 percent interest subsidy will be given.
- No security deposit will be required for loans up to Rs 1,000,000.
Beneficiary
- Self Help Groups
- Society
- Partnership Forms
- LLP Forms
- companies
- Individual Applicant
Loan Amount
s.n.0 | Maximum Loan Amount | Subsidy rate |
1. | Up to 25 Lakh | 8% |
2. | 25 Lakh to 05 Crore | 6% |
3. | 05 Crore to 10 Crore | 5% |
Required Documents
Aadhar card
income certificate
mobile number
passport size photograph
Terms and Condition
- The loan amount can be used only for the purpose for which the loan has been sanctioned.
- Interest subvention assistance will be provided only if the loan is repaid timely by the enterprise.
- The beneficiary will have to give a written self-declaration in which he will have to declare that he will continue to repay the loan on time.
- After the loan account falls in the NPA category, if the entrepreneur regularizes it over time, interest subsidy for the said period will also be given, which will be subject to the conditions of the loan sanction order.
How to Apply
- First of all, you have to go to the official website sso.rajasthan.gov.in
- Now the home page will open in front of you.
- If you are already registered on the portal then you will have to login by entering the login credentials.
- If you are not registered on the portal then you will have to register for which you will have to click on the link given here.
- You have to select your category.
- After this the registration form will open in front of you.
- You will have to fill in all the information asked in this registration form carefully.
- Now you have to click on the submit button.
- After this you will have to go to the home page and login.
- After logging in, you have to click on Rajasthan Chief Minister Small Industries Promotion Scheme.
- After this the application form will open in front of you.
- You will have to fill all the information asked in this application form carefully.
- Now you have to attach all the important documents.
- After that you have to click on the submit button.
- In this way you will be able to apply for this scheme.