Startup Business Loan Scheme in India

 Starting a new business requires adequate funding to cover initial expenses, operational costs, and business expansion. The Startup Business Loan Scheme in India provides financial assistance to entrepreneurs through government-backed programs, banks, and financial institutions. 

At Corpzo, we help startups navigate the loan application process, ensuring quick approvals and hassle-free funding.

 

πŸ“Œ Types of Startup Business Loan Schemes in India

1️⃣ Pradhan Mantri Mudra Yojana (PMMY)

✅ Loan Amount: Up to ₹10 lakh
✅ Eligibility: Micro and small businesses, startups, women entrepreneurs
✅ Loan Categories:

  • Shishu (Up to ₹50,000) – Ideal for early-stage startups
  • Kishore (₹50,000 – ₹5 lakh) – Growing businesses
  • Tarun (₹5 lakh – ₹10 lakh) – Established startups

2️⃣ Stand-Up India Scheme

✅ Loan Amount: ₹10 lakh – ₹1 crore
✅ Eligibility: SC/ST entrepreneurs and women-led businesses
✅ Purpose: Business expansion, machinery purchase, working capital

3️⃣ Startup India Scheme

✅ Financial support for DPIIT-recognized startups
✅ Tax exemptions and funding from Startup India Seed Fund Scheme
✅ Assistance for research, development, and scaling

4️⃣ SIDBI Startup Loan

✅ Loan Amount: Up to ₹2 crore
✅ Eligibility: Tech-driven startups, MSMEs
✅ Purpose: Business growth, technology adoption, working capital

5️⃣ Bank Loans & NBFCs

✅ Collateral-free loans from private and public banks
✅ Flexible repayment tenure
✅ Competitive interest rates


πŸ“Œ Documents Required for Startup Business Loan

πŸ“Œ Business Plan & Project Report
πŸ“Œ Aadhaar & PAN Card of Owner/Directors
πŸ“Œ Business Registration Certificate
πŸ“Œ Bank Statements (Last 6-12 months)
πŸ“Œ GST Registration & Tax Returns
πŸ“Œ Collateral Documents (if applicable)


πŸ“Œ Why Choose Corpzo for Startup Loans?

✔️ Fast Loan Processing – Quick approvals & minimal paperwork
✔️ Government Scheme Assistance – Guidance on PMMY, Startup India, etc.
✔️ Affordable Interest Rates – Best financing options for startups
✔️ End-to-End Support – Loan application, documentation & funding guidance

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