As you all know that Bihar Board Inter result was released on 26 March in the presence of Bihar Education Minister and Board President Anand Kishor. In this year’s result also, girls dominated.
Whereas in the last year 2023 also, girls dominated. However, this time the result was not that special. A lot of people have got a cross. This time the result was not as good as was expected.
Bihar Board 12th Topper
As you all must know that no one could face the girls in the inter result of 2024. That is, in the list of toppers of all the three faculties in the Inter Result of Bihar Board, all the three girls have won.
Topper will get this much reward
A huge reward has been announced by the Bihar Board for the toppers in the year 2024. Let us tell you that Intermediate Annual Examination 2024 (Science, Arts, Commerce)
1 Lakh, a laptop and 1 Kindle-E-Book Reader will be awarded to the first place holder in the first three positions separately. On the other hand, if we talk about the second place, then they will also be rewarded with 75 thousand rupees, a laptop and 1 Kindle-E-Book Reader. The third place winner will be rewarded with Rs 50,000, a laptop and 1 Kindle-E-Book Reader.
Talking about Bihar Board Inter Result 2024, the result of 2024 was not as special as expected of the students as compared to 2023. On the one hand, no student was prepared as well. And on the other hand, Bihar Board is taking the exam on its own time. Well, it is very difficult to get good marks in the exam.
Scrutiny form from when
Those students who are not satisfied with their marks in 1 subject or any subject, then they can apply for scrutiny. They can apply for scrutiny by visiting the official website of Bihar Board from 01.04.2024 to 07.04.2024. The application fee for each subject for scrutiny is ₹70.
Compartmental form and exam date
The exam date for Bihar Board Intermediate Compartmental is scheduled from 29.04.2024 to 10.05.2024. For this the form will be filled from 05.04.2024 to 10.04.2024. If we talk about its result, then its result will be released in May.
When is the result of matriculation
As you have been informed earlier through this website that the result of matriculation will be released in the first week of April. Let us tell you that on this website of loaninsurance.com it was told about the inter result that the result will be released around March 27. And this news sat% turned out to be correct. If we talk, then whatever news will be given to you on this website, it will be given absolutely right.
Why is the award given?
There is only and only one goal of rewarding the topper students by the Bihar School Examination Committee, so that more students should be motivated and by doing more and more hard work, they can also achieve this position, they also feel that we should get that award.
In any case, no matter how hard it is to achieve, one advantage of rewarding is that the students work hard and reach that point and the other advantage is that those who do the toppers will get ahead.
There is a little help in his studies so that he can do further studies without any hesitation and can achieve the same goal in further studies as well. You people must have understood this very well, all of you should also work hard and get the best rank.
Friends, many times it happens that we are in dire need of money. That work is very important for us. Although a small amount is required at that time but we do not have money.
In such a situation, we ask for help with money everywhere. We ask everyone from whom we can get financial help. But situations also arise when we cannot get help from anywhere. Friends, then we start feeling that we wish we had an elder brother who could help us. And gets us out of this problem.
Friends, if this is so then you have no need to worry. Today we are going to tell you about an app just like an elder brother, whose name is – BadaBro Loan App.
BadaBro Loan App. Yes friends, BadaBro Loan App. This app works exactly like its name.
What is BadaBro Loan App, what is the amount of loan available from it, what is the tenure of the loan, what is the interest rate on the loan etc. – we will discuss all these in detail.
This article is going to prove very beneficial for you. That is why read this article till the end.
How to Identify Fake Land Registry: Fraud is happening on a large scale in the purchase and sale of land. Avoid these frauds. Anyone buys land by investing his entire life’s capital so that his and his family’s future is secure. But what if you are cheated or cheated regarding land?
In today’s time, frauds regarding land are increasing. In such a situation, you need to be alert. In today’s time, it becomes necessary to have information about these things so that you do not become a victim of these frauds.
Our article today will be dedicated to caution against these frauds. We are telling you about How to Identify Fake Land Registry so that you can avoid frauds regarding buying and selling of land. For complete information, read the article till the end.
How to Identify Fake Land Registry : Brief Introduction
Name of Article
How to Identify Fake Land Registry
Type of Article
Latest Update
What is Latest Update
For This Please Read The Article Till End
How to Identify Fake Land Registry: Now before buying land, find out whether the registry is genuine or not
If you are also going to buy a plot or are planning to buy it in future, then you must read this article. Here information is being given about identifying the real or fake registry of the plot.
How to Identify Fake Land Registry: Do not buy any plot without identifying it through registry
If any person wants to buy any land or plot, he should first confirm that the land registry is genuine. He should first check the land registry.
If the registry of the land or plot is not found to be genuine, not only will your invested money be lost, but you may also be accused of illegal possession by the owner of the land. Therefore, there is a need to pay special attention to registry related issues.
How to Identify Fake Land Registry: Check the complete chain of plot registry and keep the old chain records safe with you
Let us tell you, before you register any land or plot, there is a complete list of all the people who got it registered. This list is called chain.
Through this list, you can get information about who has ownership rights on that land. This can be of great help when you are in a difficult situation. That is why you should keep the land chain records safely with you.
How to Identify Fake Land Registry: Take special care of these things before buying land
Before buying land, you need to pay special attention to the following things –
There is no case or litigation going on on the plot.
Check whether the plot is government or not, etc.
There is a special need for you to pay attention to the above mentioned things before buying land so that you do not get trapped in any land related problem.
Therefore, through this article we introduced you to all the precautions to be taken before buying land. Hope all the information has reached you properly.
Make Money Online Without Investment (Earn Money Online Without Spending). In today’s world, everyone has a smartphone and everyone is using the internet. But do you know that we can also earn money through internet. If you read this post carefully then you can easily earn money from Make Money Online sitting at home. There are many ways to do online home money earning. Some actually pay and some don’t. Here, if you go through Top 7 Ways to make Online Make Money Without Investment in Hindi, then today we will know some such ways with the help of which we can earn money from internet.
There are many ways to earn money from online internet sitting at home. But here you have been introduced to make income without spending money. Whatever method you like. You can earn money that way. But here information about Money Earning without Investment is given. Which is best filtered and told.
1. Online Survey
Online Survey is one such way in which we can earn money by watching advertisement or completing survey. Online Survey means that you will be asked some questions on it, you will have to answer them, your answers should be absolutely proper and good. There are some company’s that want to get some feedback from the people, so that’s why they give you money in the form of online survey, you just have to give your correct feedback to them. If you search about it on Google then you will get to see many websites but we cannot trust them because they can also be fraud but I will tell you an APP which is made by Google itself and as we know. That we can easily trust all the products of Google.
Google Opinion Rewards -: This is an Android Application which is made by Google and this application gives you money for participating in Online Surveys. All you have to do is install this app and after opening the app, you have to complete the survey that will appear in front of you. If you complete the survey properly then you will get money according to that survey. There will be a survey of only 1-2 minutes.
Google UserResearch -: This is also a product of Google. The only difference is that in this you have to take part in a very big survey. Which can be from 30 minutes to 1 or 2 hours. But you will also get a very good reward for it. Meaning Gift Cards of $50, $75, $100, thus you will get reward. All you have to do is open Google UserResearch from the link given below. And sign up and participate in the survey.
PTC means Paid to Click. In this you have to earn money by watching advertisements. From here you will not be able to earn much but yes you will be able to earn up to some limit. Such sites do not only contain advertisements, but you can also earn money by completing some tasks or playing games. There is a rule in PTC websites that you can use only one account in Ek Device, if you open another account then maybe both your accounts may get blocked. As you earn some money, then you can withdraw those money through Paypal or Payza. But every website has different withdrawal amount.
Neobux
ClickSense
prizerebel
BuxP
PaidVerts
These are some good PTC websites on which you can have complete trust.
3. Captcha Solver
If you use the internet a lot. So you will know the Captcha Code which is used for verification. But do you know that you can earn money with its help too? If you can type in English then you can also earn money from captcha code and one thing you have to know whether the website you want to earn money from captcha code website is available in your country or not. The code you will be asked to type has to be typed within 10-15 seconds, but some websites do not have a time limit.
Mega Typers
Captcha
Pro Typers
KolotiBablo
Captcha Typers
Here are some good websites. Where you can earn money by solving captcha.
4. Freelancing
When you work in a company, then that company gives you salary every month according to your work. Freelancing means the same work that you can do for the company. You have to do that sitting at home but remember you should have some skills in which you are very good expert example -: Web Designing, Graphics Designing or Any Creative Work. There are many people who are looking for Freelancer. I will tell some such websites where you can do freelancing work by creating your profile. These are such websites where many people have to get a lot of their work done and those people are looking for such people who have the skills to do that work.
Fiver
Upwork
freelancer
If we look at the money. Then you will be able to earn so much money. More than you would have ever imagined. You just need to know how to work properly. It may take longer for you to get the first order. But once you start getting orders. So just understand that you are going to earn a lot of money. Because the websites I have told. You are given money for every work on them.
5. Affiliate Marketing
Affiliate marketing is also a way to earn money. With which you can earn money by selling someone’s products. Many websites like Flipkart, Amazon have their Affiliate Marketing Programs. In which you have to sign up and you have to sell their products through social media. You will be given a link to that product. If someone will buy the product from that link. So you will get commission accordingly. If you have a website or blog. So you will find it very easy to do Affiliate Marketing. You can sell products with the help of your website or blog.
Many people are now earning lakhs of rupees only from Affiliate Marketing. If you also want to earn a lot of money from Affiliate Marketing. For that first one has to find such website. In which the Affiliate Marketing plan is just starting. And their commission rate is also good. After signing up, you have to send a link to any one of the product offers to your friends on social media. You have to send as much as you can on social media. If you have a blog. So by writing information about that product, you have to add a link to that product below. So in this way you can earn money from Affiliate Marketing.
Seven Ways to Earn Money Online : There are two types of people in the world. First, those whose basic needs are food, clothing and shelter. Secondly, those whose basic needs are bread, clothes, house and internet. Both types of people enter the real world to earn money. offline. But even after this nothing will come! Came. People also started earning money from the internet. It is not talking about companies like Vodafone, Airtel and Jio. People around us are sitting in their rooms and earning their skill and finesse.
Let’s know which are the works from which money is being made online.
1. freelancing
Can be of any service. If you can do any work on the Internet from data entry to doing surveys and testing a product, then you will get the job. Whatever skill you have, if someone needs it on the internet, then you can earn from five to ten thousand rupees. You can find work on websites like Outfiverr.com, upwork.com, freelancer.com and worknhire.com. But the money is received only after the work is completed and approved by the client. Sometimes the same work has to be done according to the needs of the client.
2. website
See, creating a website is no longer a difficult task. You can get it made by paying money and you can also make it yourself by hitting effort. If you are selling something to the visitors and visitors are coming to your website continuously, then you can earn from Google Adsense. The more people who visit the website, the more money you will get.
3. Affiliate Marketing
Suppose you have moved the website, then you can give your web links to the websites of other companies. If a visitor buys a service or product from such a link, you will get money from it.
Many websites pay for filling out online surveys, doing research and writing reviews of products. The money will come to your account after work. This is where you need to be careful. If you share your bank details with them, then you have to take action according to the reputation of the website. Many a times, those who provide work suppress some amount.
Suppose a good man is also a big man. He doesn’t have time for his online frills. So he’ll hire a virtual assistant. In such a situation, it is not necessary that the assistant should remain with that client. He can handle work from anywhere through internet. You can work as an employee for someone or even set up your own business.
6. Translation
Language is also one of the strengths of the people of India. As a country, we have many languages and many people who use them. Most of the work on the Internet is done in English. Speaking English is common in South India, but North Indians work hard at it. The result is that any article, press release or book can be translated. Both types of work can be done from English to Indian languages and to English translation of Indian languages. The market that is left after English comes in languages like Spanish, French, Arab and German. Freelancer.in, Fiverr.com, worknhire.com and Upwork.com can be found.
7. Online Tuition (Master G with Internet)
Suppose you are knowledgeable in some subject, then it is a good thing, because the population in the world is so much that there is a person who takes all kinds of knowledge. You start sharing knowledge on the internet. Because of you, a student appearing for the board’s exam can also benefit and a person who is lost somewhere can also come back. If you are distributing knowledge on the right website, then you will also earn money. YouTube is a very good place. Vedantu.com, MyPrivateTutor.com, BharatTutors.com and tutorindia.net can also be accessed
How Much Home Loan Can I Get : In today’s era, banks have made huge dreams like buying a house very easy. You too can easily build your dream home through the Home Loan Offers given by the bank.
And you can easily re-pay it by taking a home loan from the bank. But getting a home loan from the bank is not easy.
Before giving home loan, the bank does many types of investigation and verifies the documents.
If you are thinking that my salary is Rs 30,000 per month, then the bank will not give me a loan, it does not happen at all.
Let us know that if your salary is Rs 40,000, then the bank can give you a home loan of up to Rs. 60 times the salary loan
According to Bajaj Finserv, the lander always gives you a home loan of 60 times your salary. Before giving home loan, the lander takes care of many things,
This includes criteria like your Credit Score, Salary, Age, Location, Current Liabilities. The point to note here is
That while giving home loan, the lender does not see your In-Hand Salary, because these things are also included in your In-Hand Salary…
Basic Salary
Medical Allowance
Leave Travel Allowance (LTA)
House Rent Allowance (HRA)
Other Allowances
If your In-Hand Salary is Rs 60,000, then you can get a home loan of up to Rs 36 lakh from the bank.
But the lander does not include these allowances in your In-Hand Salary. Let us understand from your In-Hand Salary that you can get a home loan of Rs.
How Much Home Loan Can be Availed According to Salary
Net Monthly Income (Rs.)
Home Loan Amount (Rs.)
25,000
18,64,338
30,000
22,37,206
40,000
29,82,941
50,000
37,28,676
70,000
52,20,146
The higher the salary, the higher the home loan
The higher your Monthly Salary, the higher will be your Home Loan. Apart from this, if your CIBIL score is not good
So first of all get it fixed. Because if the CIBIL score is not good then you may also face problem in getting home loan.
If your CIBIL Score is 750 or more, then understand that you can consider yourself eligible for taking a home loan. However, the higher the CIBIL score, the better it is considered.
1- Prime Minister Employment Generation Program (PMEGP):
This scheme implemented by the Khadi and Village Industries Commission (KVIC) provides financial help to those individuals who want to set up new industries. The maximum cost of the project in the manufacturing sector is Rs.25 lakh. And 10 lakh in business / service sector.
Any person above 18 years of age is eligible for this financial help. Applicants from the manufacturing sector whose project cost is more than Rs 10 lakh. or more, service sector applicants whose project cost is more than Rs 5 lakh. Or more they should have passed 8th class. Societies, self-help groups, production cooperative societies and charitable trusts are also eligible, provided they have not taken financial assistance under any other government scheme.
Applicants can fill the online form and take a printout of the same along with project report and other required documents and submit to the concerned office.
2 – Credit Guarantee Fund Trust for Ultra-Small and Small Businesses (CGTMSE) :
The Ministry of Micro, Small and Medium Enterprises (MSME) has launched CGTMSE to provide loans to SMEs without bank loan security or third party guarantee. is. The main objective of this scheme is that the bank / finance institution should pay attention to the project of the applicant and provide funds.
Credit Guarantee Scheme (CGS) assures the applicant bank that if the MSE fails to repay the loan taken, the guarantee trust will cover losses up to 50/75/80/85 per cent of the loan facility to the applicant. Maximum loan limit is Rs 2 crore. is.
Under the Stand-up India scheme, Rs.10 lakh per bank branch. 1 crore from Rs. The loan will be given to Scheduled Tribe (ST) and Scheduled Caste (SC) applicants and one woman applicant. This loan is for starting new business in the manufacturing, trading or service sector.
Applicants can fill an online form. Apart from this, they can also apply directly by visiting the bank branch.
4 – Pradhan Mantri Mudra Yojana
Launched by Prime Minister PM Modi in the year 2015, Pradhan Mantri Mudra Yojana helps to provide financial help to non-corporate, non-farm small businesses. Loans can be taken from commercial banks, regional rural banks, co-operative banks, small finance banks, MFIs as well as non-banking corporations. Loans up to Rs 10 lakh can be availed under the scheme. There are three types of this loan, Shishu, Kishor and Tarun.
Shishu: In this, the applicant has to pay up to Rs.50,000. Loan can be availed.
Kishor: In this, the applicant has to pay Rs.50,000. to up to Rs. 5lakh Loan can be availed.
Tarun: In this, the applicant will get Rs 5 lakh to up to Rs.10 lakh to Rs. You can get loan.
Rural Area Certificate Apply Online: To avail the benefits of government schemes running in rural areas, get Rural Area Certificate made. If you are also a resident of rural area? Do you want to avail the benefits of government schemes aimed at upliftment of rural areas?
If yes, then let us tell you that to get the benefits of these government schemes, you must have Rural Area Certificate. Now the question is how to get Rural Area Certificate made, what is the required qualification for this, which documents will be required. So let us tell you, we are discussing these things in detail here. So that you can easily get this certificate made. Also providing important links. Therefore, read the article till the end for complete information.
Let us tell you, while applying online for Rural Area Certificate, carry with you Aadhar Card No., PAN Card No., Passport Size Photograph and Mobile No. Be sure to keep it so that you do not face any problem in applying.
Rural Area Certificate Apply Online: Apply like this without any delay, you will get the benefits of government schemes
Through this article we have brought an update for the people of rural areas. This update is related to Rural Area Certificate. Let us tell you, if you are a resident of a rural area and want to avail the benefits of the welfare schemes run by the government, then you can avail its benefits by getting a Rural Area Certificate made. For Rural Area Certificate you will have to adopt online medium. Stepwise information on how you can apply through online mode is given below. Important links are also being made available.
Indian Government Best Scheme : In India, the government launches various programs to support its citizens. These initiatives are known as “Government Scheme.” The primary objective of these programs is to provide assistance to individuals who are struggling financially, elderly, sick, or lack access to basic necessities like food, shelter, and education.
Types of Sarkari Yojana
The Indian government offers a wide range of programs to cater to different needs. Some examples include:
Financial Assistance Programs: These programs provide jobs, loans, and other financial aid to help individuals support themselves and their families.
Food Security Programs: Initiatives like free food and cheap food schemes ensure that everyone has access to nutritious meals.
Housing Programs: The government offers affordable housing options to help people secure a place to live.
Education Programs: Free school and college education schemes enable individuals to acquire knowledge and skills, improving their employability.
Healthcare Programs: Free medicine and doctor visit schemes ensure that everyone has access to quality healthcare.
While anyone in need can benefit from Sarkari Yojana, some programs are specifically designed for:
Poor People
Old People
Sick People
Women and Children
People Living in Villages
How to Avail Benefits
To receive assistance from Sarkari Yojana, individuals can:
Visit a Government Office
Talk to a Government Worker
Fill out a Form
Provide Proof of Identity and Requirements
Examples of Indian Government Scheme
Some notable programs include:
Ayushman Bharat Yojana: A healthcare program that provides financial coverage for medical expenses.
Pradhan Mantri Jan Dhan Yojana: A financial inclusion program that offers bank accounts and insurance coverage.
Swachh Bharat Abhiyan: A cleanliness drive aimed at improving sanitation and hygiene across India.
Beti Bachao Beti Padhao Yojana: An education program focused on empowering girls and promoting gender equality.
Benefits of Sarkari Yojana
These programs have a significant impact on people’s lives, providing:
Financial Stability
Food Security
Shelter
Education
Healthcare
Importance of Sarkari Yojana
Sarkari Yojana plays a vital role in supporting vulnerable sections of society, ensuring everyone has access to basic necessities and opportunities for growth.
How to Find More Information
Individuals can learn more about Sarkari Yojana by:
Visiting a Government Office
Talking to a Government Worker
Searching Online
Asking Friends and Family
Conclusion
Sarkari Yojana is a vital initiative by the Indian government to support its citizens. With various programs catering to different needs, individuals can find assistance and improve their lives. If you need help, explore Sarkari Yojana and find a program that suits your requirements.
SBI Business Loan : State Bank of India (SBI) is the largest bank in the country. It provides many types of banking services to its customers – such as: Savings Account, Current Account, Insurance, Trading Account, many such facilities are provided by this bank. Along with this, the bank also provides many types of loans to its customers such as home loan, business loan, car loan, etc. This bank provides this facility at good interest rate.
Let us tell you that State Bank of India (SBI) provides business loan / business loan to meet the financial needs of big business companies as well as small business and Govt. Under this also this bank provides business loan. For example – Pradhan Mantri Mudra Yojana, PMEGP, CGTMSE and Standup-India etc. Any person who wants to start his own business can take business loan / business loan from SBI.
SBI Business Loan: SBI business loan can be a backbone to grow your small or large scale company. SBI Bank offers its customers a host of business loan benefits to suit the needs of all categories. With competitive interest rates and quick loan processing, SBI business loan can be the best option to achieve success in your business.
The interest rate depends on the profile and business requirements of the applicant.
Processing fee
1% to 5% of the loan amount
Loan amount
Minimum ₹ 10,000 Maximum ₹ 500 Crore
Guaranteed
Not required for Non-Secured Business Loan
Repayment
Repayment tenure from 12 months – 5 years, may increase as per business requirements.
Loan disbursal
Loan disbursal period depends on the case.
Note: The interest rates, charges mentioned are at the sole discretion of the Bank, NBFC and RBI, and are subject to change at any time. GST and Service Tax will be levied extra on the mentioned charges.
Loans are offered up to Rs.500 crore to Mid-Corporate Group (MCG) for lease rental discounting.
SBI Business Loan Eligibility Conditions:
Age
Minimum 18 years and Maximum 65 years
Business Existence
Minimum 2 years
Yearly Turnover
Depends on the volume and requirements of the business
Professional Experience
Minimum 2 Years
ITR
Last 1 Year
Profitability
Last 2 Years Profit
Citizenship
Citizenship Indian Citizen with no previous default in any bank or loan institution.
Documents Required for SBI Business Loan
The document requirements for SBI business loan vary depending on the type of loan. Here we have compiled a list of some common documents that may be required at the time of application.
Business plan.
Duly filled application form with passport size photograph.
Applicant’s KYC documents including PAN Card, Passport, Aadhar Card, Driving License, Voter ID Card, Utility Bill.
Bank statement of last 1 year.
Any additional documents required by the Institute.
As of 16 June 2020, SBI had disbursed around Rs 8,700 crore from the Rs 3 lakh crore fund under the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector.
Under SME Business Loan, SBI also provides financial services to Mid-Corporate Groups, Mid-Corporate Groups are those businesses with a turnover of Rs 50 crores to Rs 500 crores. Loans are provided to these mid-corporate groups in the form of Working Capital Finance, Project Finance, Machinery Loan, Corporate Term Loan, Structured Finance, Dealer Financing, Loan Syndication, Construction Equipment Loan etc.
How to Apply for Business Loan from SBI
To apply for SBI SME Loan, Business Loan or SBI Term Loan, you need to follow the following steps:
Step 1: First, check your eligibility before applying for a business loan with SBI.
Step 2: Enter your basic information like age, required loan amount, type of business, business vintage, annual turnover, profit and other related information to check your eligibility.
Step 3: Fill the loan application form and submit all the required documents, as defined by SBI.
Step 4: After submitting the form, SBI agent will contact you for loan formalities.
Step 5: Once the documents are verified and the loan is approved, the loan amount will be disbursed to the bank account within the stipulated time period or working days How to Track SBI Business Loan Application Online.
How to Track SBI Loan Application Status?
Step 1: Enter your reference number that you would have received after submitting the loan application.
Step 2: Enter your registered mobile number along with ISD code.
Step 3: Click on the tab ‘Track’ given below to track your loan application.
SBI Saral Small Business Loan
This is again a drop-line overdraft facility offered to businesses in the manufacturing or service sector. The important aspects of this loan are:
Minimum Loan Amount
₹ 10 Lakh
Maximum Loan Amount
₹ 25 Lakh
Repayment Tenure
Upto 5 Years
Processing Fee
₹ 7,500
Margin
10% Will be ensured through stock and inputs received
1. SBI Asset Backed Loan
This business loan can be taken for the purpose of building up the existing and fixed assets of a business. These assets may include business modernisation, expansion, provision of short term working capital, etc. It is a drop-line overdraft facility where you can withdraw a certain amount from your current account. Some of the salient features of this loan are given below:
Minimum Loan Amount
₹ 10 Lakh
Maximum Loan Amount
₹ 20 Cr
Re: Repayment Tenure
₹ Up to 15 Years
Processing Fee
1%
Margin
Minimum 25% Cash Margin for NFB Facility
Eligibility
Applicant must be a State Bank of India (SBI) customer availing credit facility from them.
The business must have assets to pledge against the loan.
Information about the existing business loan / business loan in other banks of the applicant can also be taken.
2. SBI Loan for Commercial Real Estate
Business companies can take a loan from the State Bank of India (SBI) to buy commercial property, such as warehouse, restaurant, hotel, gym or office building etc. This loan is also given in the form of drop-line overdraft. Following are the salient features of this business loan from State Bank of India (SBI):
Minimum Loan Amount
₹ 10 Lakh
Maximum Loan Amount
For Tier II and Tier III branches – ₹ 20 crore For Tier I branches – ₹ 50 crore
Re: Repayment Tenure
₹ Up to 06 Years
Processing Fee
1%
Margin
25%
Eligibility
Applicant must be a State Bank of India (SBI) customer availing credit facility from them
The business must have assets to pledge against the loan
Information about the existing business loan / business loan in other banks of the applicant can also be taken
SME Government Scheme
1- Prime Minister Employment Generation Program (PMEGP):
This scheme implemented by the Khadi and Village Industries Commission (KVIC) provides financial help to those individuals who want to set up new industries. The maximum cost of the project in the manufacturing sector is Rs.25 lakh. And 10 lakh in business / service sector.
Any person above 18 years of age is eligible for this financial help. Applicants from the manufacturing sector whose project cost is more than Rs 10 lakh. or more, service sector applicants whose project cost is more than Rs 5 lakh. Or more they should have passed 8th class. Societies, self-help groups, production cooperative societies and charitable trusts are also eligible, provided they have not taken financial assistance under any other government scheme.
Applicants can fill the online form and take a printout of the same along with project report and other required documents and submit to the concerned office.
2 – Credit Guarantee Fund Trust for Ultra-Small and Small Businesses (CGTMSE) :
The Ministry of Micro, Small and Medium Enterprises (MSME) has launched CGTMSE to provide loans to SMEs without bank loan security or third party guarantee. is. The main objective of this scheme is that the bank / finance institution should pay attention to the project of the applicant and provide funds.
Credit Guarantee Scheme (CGS) assures the applicant bank that if the MSE fails to repay the loan taken, the guarantee trust will cover losses up to 50/75/80/85 per cent of the loan facility to the applicant. Maximum loan limit is Rs 2 crore. is.
3 – Stand Up India :
Under the Stand-up India scheme, Rs.10 lakh per bank branch. 1 crore from Rs. The loan will be given to Scheduled Tribe (ST) and Scheduled Caste (SC) applicants and one woman applicant. This loan is for starting new business in the manufacturing, trading or service sector.
Applicants can fill an online form. Apart from this, they can also apply directly by visiting the bank branch.
4 – Pradhan Mantri Mudra Yojana
Launched by Prime Minister PM Modi in the year 2015, Pradhan Mantri Mudra Yojana helps to provide financial help to non-corporate, non-farm small businesses. Loans can be taken from commercial banks, regional rural banks, co-operative banks, small finance banks, MFIs as well as non-banking corporations. Loans up to Rs 10 lakh can be availed under the scheme. There are three types of this loan, Shishu, Kishor and Tarun.
Shishu: In this, the applicant has to pay up to Rs.50,000. Loan can be availed.
Kishor: In this, the applicant has to pay Rs.50,000. to up to Rs. 5lakh Loan can be availed.
Tarun: In this, the applicant will get Rs 5 lakh to up to Rs.10 lakh to Rs. You can get loan.
SBI SME Loan Interest Rates (for NRIs) The table below shows the State Bank of India (SBI) business loan interest rates:
SBI Business Loan / Business Loan / SME Loan Interest Rate –
Supply Chain Finance
Starting from 8.00%
CGTMSE
Starting from 7.40%
Doctore Plus
Starting at 09.00%
PMEGP/ KYIC
Starting from 10.45%
SBI Asset Backed Loan
Starting from 09.30%
SBI Asset Backed Loan for Commercial Real Estate
Starting from 10.05%
Electronic Dealer Finance Scheme
starting from 7.55%
SME Construction Equipment Loan
starting from 8.50%
SBI Fleet Finance Scheme
Starting from %7.75
Warehouse Receipt Financing
Starting from 8.00%
Lease Rent Discounting
From 10.10%
Earthias Plus Scheme
Starting from 8.00%
Mill Plus SME
Starting at 7.90%
Cotton Ginning Plus
Starting from 7.90%
SME Credit Cards
Starting from 09.50%
Weaver Credit Card
Starting from 09.75%
Handicraftman Credit Cards
Starting from 09.75%Schemes
Medical Machinery Finance
Starting at 09.50%
SBI E-Smart SME E-Commerce Loans
Starting at 9.000%
Note: The interest rates, and charges given above are completely dependent on the banks, NBFCs and RBI. At the same time, GST and Service Tax will also be applicable on the above mentioned charges.
