For the purpose of providing employment to the people, the central and state government in Bihar continues to run many schemes. With the help of these schemes, the youth of the state get employment opportunities. Today we are going to tell you about these plans. Bihar government loan scheme We are going to tell about this, with the help of which you can take interest free loan up to 5 lakhs from the bank. So stay with us for complete information –
Bihar Government Loan Scheme 2022 –
In the Mukhyamantri Udyami loan scheme implemented by the Bihar government, the youth of the state have been given a chance to take a loan of up to 10 lakhs to start their self-employment. In this, the state government takes a subsidy of Rs 5 lakh and the next 5 lakh loan with zero interest rate. Any citizen of Bihar who has a good business plan can take advantage of the scheme.
Let us tell you that this scheme is also called in colloquial language, Bihar Government Loan Scheme. State Chief Minister Nitish Kumar has started this scheme under the increasing unemployment and self-reliant India campaign in the state. This scheme can be very beneficial for young brothers and sisters who want to start their own business.
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Brief information of Bihar Chief Minister Udyami Yojana
|scheme name||Bihar Chief Minister Udyami Yojana|
|who launched the scheme||State Government of Bihar|
|beneficiary||youth of bihar who want to start employment|
|How much do you get financial benefit||10,000|
|Objective of the plan||Opportunities to set up industries|
Bihar young entrepreneur Eligibility of scheme Bihar –
- The applicant applying in this scheme should be a native of Bihar only.
- To take advantage of the scheme, the applicant must have a current account.
- After this, the applicant should have a PAN card in the name of his own business.
- The age of the applicant applying should be 18 to 50 years.
- Only new forms can take advantage of this scheme.
Documents required to apply –
- domicile certificate of bihar
- After that the certificate of matriculation
- Intermediate and its equivalent certificate
- signature sample
- PAN card of company or form
- photo of applicant
- caste certificate
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Key points of entrepreneur loan scheme –
- Only new entrepreneurs will be given loan under this scheme.
- Under this scheme, 25 thousand rupees will be given as financial assistance for training.
- Out of the amount of 10 lakh received under this scheme, a grant amount up to 50 percent will be given.
- After this, if you take a loan, then after that 7 years will be given to repay this amount and in this time period this amount can be repaid in 84 easy installments.
How to apply for Bihar Government Loan Scheme?
- Before applying under this scheme, you should know about this scheme official website But have to come.
- After this you will get an option on this website Registration name will appear, click on it.
- On the new page, you have to enter your personal details and your Aadhaar number. After that another option below get otp Click on the button.
- After this, an OTP is received on your mobile, after which you have to verify your mobile number by entering it in this form.
- After registering, you have to log in to it and after that after coming to the dashboard, you get the option to fill the form.
To apply, one has to fill various information step by step in it like personal information, educational information, bank information, enterprise information etc. After that this form has to be submitted. After doing this your application form will be submitted.
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How much loan will be available under Bihar Government Loan Scheme?
Under this scheme launched in the state, a loan of up to 10 lakh will be given to the youth. After taking this loan, youth can start their own business and then repay this loan in 84 easy installments without any financial burden.
The biggest and most important thing about this scheme is that the government will forgive half of the money received under this scheme and after that you can repay the remaining money in easy 84 installments. Along with this, the government and the financial institution that gives you the loan will not charge interest on the remaining money.
Objectives of entrepreneur loan scheme –
- The main objective of this scheme is that small and micro industries will be disrupted in this.
- The same is to be given to the people belonging to Scheduled Castes and Scheduled Tribes under this scheme.
- People young or people want to start their own business, they will be given financial incentive by giving benefit of this scheme.
- People can make a better livelihood for themselves, for this this scheme has been started.
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Benefits of Bihar Government Chief Minister Udyami Yojana –
- All the applicants who apply under this scheme will be given 10 lakh rupees as financial help.
- Only people belonging to Scheduled Castes and Scheduled Tribes can avail the benefits of the scheme.
- Under this scheme the unemployment rate will be reduced.
- Under this scheme, there will be economic improvement in the people of Scheduled Castes and Scheduled Tribes.
- The state has earmarked a budget of 102 crores for this scheme.
- No interest will be charged on the loan amount availed under this scheme. This means to say that the amount received under this scheme will be interest free.
- Out of the 10 lakhs received in the loan amount, the government will waive the loan amount of 5 lakhs and after that you can repay the amount of 5 lakhs in 84 installments.
- Under this scheme, the state government will give an amount of 25 thousand for testing and project monitoring.
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