Apply Immediately To The Government For a Loan For a Tractor-Trolley and a Small Business

Apply Immediately To The Government For a Loan For a Tractor-Trolley and a Small Business

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Learn about the government’s loan programme and how it will help:

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Young people and women in rural and urban areas are given support for purchasing tractor trolleys, launching small businesses, and goods carriers through a variety of programmes sponsored by the District Antyavasayee Cooperative Development Society in Raipur. Applying will allow eligible students in the district to benefit from this. The qualified individuals will receive the benefit of the assistance amount after the application has been examined. Applications for the programme will be accepted up until 5 p.m. on July 18. During business hours, the District Antyavasayee Cooperative Development Society, Raipur Room No. 34, will have the application form available. 

Assistance will be provided through these programmes:

Scheme for Tractor Trolleys (Loan on tractor trolley) The Goods Carrier Scheme, Self-Help Group (Micro Credit Scheme), Term Loan Scheme, Small Business Plan, CHG-263, CHG-2,169, CHG-268, and Women Empowerment Scheme, CHG-The scheme is being implemented for the fiscal year 2022–2023. Assistance will be given to girls and young people in both urban and rural areas under these programmes. Goods Carrier Program, Tractor Trolley Loan Program, and Self-Help Group (Micro Credit Scheme) Women Empowerment Scheme, CHG-The scheme is being run for the fiscal year 2022–2023. Term Loan Scheme, CHG–Term Loan Scheme, CHG–Small Business Plan, CHG–263 Small Business Plan, CHG–2 1-269 Small Business Plan, CHG–268 Assistance will be given to girls and young people in both urban and rural areas under these programmes.

Requirements and guidelines for the scheme:

The following qualifying requirements and criteria must be met in order to receive benefits under the aforementioned programmes:

  • The applicant’s age should fall between 18 and 50 years old for the aforementioned programmes.
  • The candidate must be from a scheduled caste.
  • Any individual who has received benefits under a government programme will not be eligible for these programmes’ benefits.

Required Documents for Application

The following documents are required for the beneficiary to receive the aid amount under these programmes:

  • Caste and domicile documentation from the appropriate source
  • income statement (income in rural and urban areas less than Rs 3 lakh)
  • The application must be accompanied by a photo.
  • The applicant must additionally provide security in the amount of the loan.

When will the loan be available? What will the interest rate be?

This loan will be available for five years. A monthly instalment of 6 to 8 percent interest will be charged on this.

When should I apply for the scheme?

Applications for the programme will be accepted up until 5 p.m. on July 18. During business hours, the District Antyavasayee Cooperative Development Society, Raipur Room No. 34, will have the application form available.

There is help available under the Chief Minister’s Self-Employment Scheme of up to Rs. 25 lakh:

Chhattisgarh’s Mukhyamantri Swarozgar Yojana aims to introduce young people to self-employment. Young men and women in the state who are between the ages of 18 and 35 may apply under this. The state government offers a loan of up to Rs 25 lakh under this programme for the purpose of starting a business. The applicant’s family’s combined annual income should not be higher than Rs 3 lakh in this. The minimal educational requirement for a person to participate in this programme is a high school diploma or an equivalent.

Remember that under this programme, the loan amount will be given based on your eligibility and the nature of your firm. Whether you are starting a small firm or a large one, that is. The loan amount will be made available as a result. Under this, a maximum loan of Rs 25 lakh and a loan of Rs 2 lakh will be available for the business sector, respectively.

Where to submit an application to use the programme:

You must first obtain the Mukhyamantri Yuva Swarozgar Yojana application form from the district’s business and industry centre in order to submit an application for the scheme. After that, carefully fill in all the necessary information requested on this form. This must be accompanied by authenticated copies of all the pertinent documents included on the application form. You must now turn in this form to the same office where you obtained it. After reviewing your application, the relevant department will give you the benefits of this programme.

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