BHABISHYAT CREDIT CARD
West Bengal holds an excellent track record in the development of MSMEs including handloom and handcrafts. Almost 99% of total industrial undertaking belongs to MSMEs sector and again 98% of MSMEs are micro enterprises. A significant number of educated youth of the state who have entrepreneurial skill and want to be self-reliant by setting up micro enterprises have limited access to institutional finance for their credit needs.
Our Application Fees Is Only 149/- Rs
Documents required
- Proof of residence
- PAN card
- Detailed project report
- Udyam Registration Certificate
- Aadhar card
- Passport-size photograph
- Applicant signature
- Educational qualification certificate
- Contact information, including mobile number
- Bonafide certificate of West Bengal
BENEFIT
Therefore it has been felt necessary to facilitate the youth to become self-employed leading to income generation, wealth creation, and creation of further employment opportunities in rural and urban areas of the State.
Against this backdrop and in supersession of “Karmasathi Prakalpa”, this new scheme is being introduced for the young entrepreneurs in the age group 18-55 years by offering subsidy linked and collateral free loans for setting up ventures/ projects/ micro enterprises in manufacturing, service and business/ trading/ agro based activities. In addition to subsidy as Margin Money the Government is additionally offering subsidized interest rate of 4% only per annum to the borrower on the Loan Amount for each project through Banks.
IMPORTANT INFORMATION
Any income generating project in manufacturing, service, trading/business, farm sector (Diary, poultry, fish, piggery, etc) qulifying as an enterprise under the extant defination of MSMED Act 2006.
Both new unit and existing unit can apply under the scheme for Term loan and/or working capital loan/composite loan. However, a new unit set up under this scheme may be considered for 2″ dose of capital support in machinery/tools or expansion only after two years of implementation.