It is type of Business Loan for Micro Unit / Entrepreneurs. Under this scheme, finance is provided to non-corporate, non-farm small/micro enterprises from Commercial Banks, RRBs, Small Finance Banks, MFIs and NBFCs having loan requirement up to Rs. 10 lakh. There are three categories in PMMY.
Loan up to Rs. 50,000/- is covered under Shishu, Loans above Rs. 50,000/- up to Rs. 5,00,000/- is covered under Kishor and Loans above Rs. 5,00,000/- up to Rs. 10,00,000/- is covered under TARUN.
It is a type of Business Loan for first time entrepreneurs. Entrepreneurs, who are willing to establish a new unit, but are not able to provide any collateral / guarantee can avail this loan. Credit Guarantee Funds Trust for Micro and Small Enterprises (CGTMSE) – Ministry of Micro, Small & Medium Enterprises (MSME), Government of India launched Credit Guarantee Scheme (CGS). In this Scheme, Term Loan and CC is available from Bank without the hassles of collaterals / third party guarantees to support to the first generation entrepreneurs to realise their dream of setting up a unit of their own Micro and Small Enterprise (MSE).
This loan helps to start a business without providing any collateral. The CGTMSE fees, that is to be paid for availing this loan is also refundable in the form of subsidy from Government. Individuals with knowledge but without property can avail loan to give platform to their dreams.
Vision Capital Finance is an Ahmedabad based leading Non-Banking Finance Company (NBFC). Since its establishment in 2018, Vision Capital Finance has been providing solutions to all kinds of Financial needs of the industrialists.
After detailed analysis of various manufacturing industries and careful examination of the existing clients, Vision Capital Finance had identified the financial pattern of industrialists and Vision Think-tanks has launched a model that is suitable and convenient to each and every businessman. VCF has this “Easy to Understand” and fully “Transparent” Finance Policy that the clients quickly embrace. VCF do not confuse the borrowers with complicated EMIs. VCF’s simple interest is not just simple in words but actually simple in mathematical calculation.
We provide end-to-end financial support tailored to your business needs.
Reach out to our experts for personalized financial solutions. We are here to ensure 100% success in your loan and subsidy applications.
Vision Capital is a reputed name in the field of loan and subsidy. With more than 12+ years of rich experience and over 2000 satisfied clients, Vision Capital has laid a strong foundation. Customer satisfaction and Quality work have been the pillars of Vision Capital. We have a blend of young, smart, dynamic and experienced team consisting of CA, ICWA, MBA, Engineer and Lawyer, to cater all kind of support to our clients.
We understand the value of your Financial Need
