Loans

Micro Enterprise Credit Support Scheme

  • About this scheme

    Collateral-free loans up to ₹10 lakh for micro enterprises to start, expand or meet working capital needs. The Micro Enterprise Credit Support Scheme helps small…

  • Benefits & amount

    Maximum loan ₹10 lakh · Interest: As per bank MCLR + 1–3% p.a. · Repayment: Up to 5 years · No collateral or third-party guarantee · No processing…

  • Who can apply

    Indian citizens aged 18 to 65 years · Self-employed individuals, professionals and owners of non-farm micro enterprises · Business in manufacturing…

  • Documents & how to apply

    Documents: Aadhaar card, PAN card, Bank account details, Passport-size photograph, Project report, Business registration (Udyam). 4-step process…

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Eligibility shown is based on the information provided and the scheme rules configured on this platform. Final eligibility and approval are determined by the respective authority, department, bank or financial institution.

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Micro Enterprise Credit Support Scheme · FindMySchemes