Government Scheme Loans
Access government-backed financial assistance programs with subsidized interest rates, lower EMIs, and special benefits for entrepreneurs, startups, MSMEs, and individuals
Apply Now →Empowering India with Government-Backed Financial Support
The Government of India has launched various loan schemes to promote entrepreneurship, support small businesses, encourage startups, and provide financial assistance to individuals. These schemes offer lower interest rates, flexible repayment options, and special subsidies. EXPERT DIGITAL SERVICES helps you access these schemes with complete guidance and hassle-free processing.
Popular Government Loan Schemes
Choose from India's most beneficial government-backed loan programs
PM Mudra Yojana
Up to ₹10 Lakhs
Interest Rate: 8% - 12% p.a.
Tenure: Up to 5 years
Collateral: Not required
Three Categories:
- Shishu: Up to ₹50,000
- Kishore: ₹50,001 to ₹5 Lakhs
- Tarun: ₹5,00,001 to ₹10 Lakhs
- For micro & small businesses
- Manufacturing, trading, services sectors
- Zero processing fee
Startup India Scheme
₹10 Lakhs - ₹10 Crores
Interest Rate: 9% - 14% p.a.
Tenure: Up to 7 years
Funding: Debt + Equity
- For DPIIT-recognized startups
- Fund of Funds (FFS) support
- Tax exemptions for 3 years
- Fast-tracked patent registration
- No angel tax on investment
- Mentorship & incubation support
Stand Up India
₹10 Lakhs - ₹1 Crore
Interest Rate: MCLR + 3% + Tenor Premium
Tenure: Up to 7 years
Moratorium: 18 months
- For women & SC/ST entrepreneurs
- Manufacturing, trading, services
- Greenfield enterprise projects
- Credit Guarantee Fund support
- Handholding support by banks
- At least 1 loan per bank branch
CLCSS - MSME Scheme
Up to ₹2 Crores
Interest Rate: Base Rate + 1%
Capital Subsidy: 15% - 25%
Max Subsidy: ₹15 Lakhs
- Credit Linked Capital Subsidy
- Technology upgradation support
- For manufacturing MSMEs
- Energy-efficient machinery
- Minimal collateral requirement
- Priority sector lending benefit
PM SVANidhi (Street Vendors)
₹10,000 - ₹50,000
Interest Rate: 7% subsidy available
Tenure: 12 months
Repayment: Monthly EMI
- For street vendors & hawkers
- 7% interest subsidy on timely repayment
- Digital transaction cashback ₹100/month
- No collateral or guarantor
- Incremental loan on repayment
- Simple documentation
CGTMSE (Credit Guarantee)
Up to ₹5 Crores
Guarantee Coverage: 50% - 85%
Fee: 0.75% - 1.5% per annum
Collateral: Not required
- Credit guarantee for MSMEs
- Up to 85% guarantee coverage
- No collateral or third-party guarantee
- For new & existing enterprises
- Manufacturing & service sectors
- Reduces bank risk, easier approval
PMEGP (Employment Programme)
₹25 Lakhs - ₹50 Lakhs
Subsidy: 15% - 35%
Interest Rate: Market rate
Margin Money: 5% - 10%
- Manufacturing: Up to ₹50 Lakhs
- Services/Business: Up to ₹25 Lakhs
- 15-35% subsidy on project cost
- Special category states get higher subsidy
- Creates employment opportunities
- Training & skill development support
KCC - Kisan Credit Card
As per farm requirement
Interest Rate: 7% p.a. (4% with subsidy)
Tenure: 5 years (renewable)
Purpose: Agriculture & allied
- For farmers & allied activities
- Crop production & maintenance
- Post-harvest expenses
- 3% interest subvention available
- Additional 3% on prompt repayment
- Effective rate: 4% for short-term
NRLM (Rural Livelihood)
₹1 Lakh - ₹10 Lakhs
Interest Subvention: Up to 7%
Collateral: Not required
Coverage: All rural areas
- For rural poor households
- Self-Help Groups (SHGs)
- Financial inclusion initiative
- Skill development & training
- Market linkage support
- Women empowerment focus
Key Benefits of Government Schemes
Lower Interest Rates
Subsidized rates 2-5% lower than commercial loans
Capital Subsidy
Get 15-35% subsidy on project cost
No Collateral
Most schemes don't require collateral security
Credit Guarantee
Government backing reduces bank risk
Longer Tenure
Extended repayment period up to 7 years
Training Support
Free skill development & mentorship programs
Easy Processing
Minimal documentation & faster approval
Priority Lending
Banks prioritize government scheme loans
Application Process
Simple steps to avail government scheme loans
Choose Scheme
Select suitable government scheme based on your business/requirement
Submit Application
Fill form with business plan & required documents
Verification
Bank verifies documents & assesses project viability
Sanction & Disbursal
Loan approved & funds disbursed to your account
Eligibility & Documents
General Eligibility
- Age: 18 - 65 years (varies by scheme)
- Indian Citizen or Resident
- Business registered or proposal ready
- No default in previous government loans
- Valid Aadhaar & PAN Card
- Project report (for business loans)
- Specific criteria for each scheme
- Credit score: Not mandatory for most schemes
Required Documents
- Aadhaar Card & PAN Card
- Address Proof (Utility bill, Passport)
- Business Plan / Project Report
- Quotations for machinery/equipment
- Caste certificate (if applicable for reserved categories)
- Business registration documents
- Bank statements (last 6 months)
- Photographs & Signature verification
Eligible Business Sectors
Government schemes support various business sectors
Manufacturing
Production units, assembly plants, processing industries
Trading
Wholesale, retail, e-commerce businesses
Services
Professional services, consultancy, IT services
Agriculture
Farming, dairy, poultry, horticulture
Food Processing
Food production, packaging, catering
Construction
Building, infrastructure, real estate
Transport
Logistics, fleet management, delivery services
Technology
Software development, app development, tech startups
Scheme Comparison
Quick comparison of popular government schemes
| Scheme Name | Loan Amount | Interest Rate | Target Group | Key Benefit |
|---|---|---|---|---|
| PM Mudra Yojana | Up to ₹10 Lakhs | 8% - 12% | Micro enterprises | No collateral |
| Startup India | ₹10L - ₹10Cr | 9% - 14% | Registered startups | Tax exemption 3 years |
| Stand Up India | ₹10L - ₹1Cr | MCLR + 3% | Women, SC/ST | Credit guarantee |
| PMEGP | ₹25L - ₹50L | Market rate | Unemployed youth | 15-35% subsidy |
| PM SVANidhi | ₹10K - ₹50K | 7% subsidy | Street vendors | Interest subsidy |
| CGTMSE | Up to ₹5 Crores | Bank rate | MSMEs | 85% guarantee cover |
Why Choose Us for Government Schemes
Complete Documentation
We prepare all required documents & project reports
Scheme Selection
Expert advice on best scheme for your business
High Success Rate
95% approval rate with our expert guidance
End-to-End Support
From application to disbursal, we handle everything
Ready to Avail Government Benefits?
Get expert assistance in choosing and applying for the right government scheme. Our team ensures maximum approval chances with complete documentation support.