The Annasaheb Patil Economic Development Corporation (APEDC) launcher the Annasaheb Patil Loan Scheme 2024. To provide financial assistance in the form of loans to all the financially unstable citizens of Maharashtra state the APEDC launched the Annasaheb Patil Loan Scheme 2024. With the help of financial loans, financially unstable citizens and unemployed youth can start their own businesses without worrying about financial troubles. The loan amount under the Annasaheb Patil Loan Scheme 2024 ranges from Rs. 10 lakhs to Rs. 50 lakhs. All the permanent residents of Maharashtra state are eligible to avail of the benefits of the scheme.
Objective of Annasaheb Patil Loan Scheme 2024
The main objective of launching the scheme is to help the financially unstable citizens of Maharashtra state by providing loans. With the help of the loan scheme, unemployed citizens can start or expand their own businesses which will also increase employment opportunities for others. All the applicants who will receive financial assistance in the form of a loan under the scheme will have 5 years to pay the loan amount back. This initiative aims to empower individuals, especially unemployed youth and economically weaker sections. All the applicants player the eligibility criteria must visit the official website and fill out the application form to avail the benefits of this scheme.
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Helpful Summary of Annasaheb Patil Loan Scheme
| Name of the scheme | Annasaheb Patil Loan Scheme |
| Launched by | Annasaheb Patil Economic Development Corporation (APEDC) |
| Objective | Provide loan |
| Beneficiaries | Citizens of Maharashtra |
| Official website | Udyog Mahaswayam Portal |
Eligibility Criteria
- The applicant must be a citizen of Maharashtra.
- The maximum age limit mandated for male applicants is 50 years, while for females, it is 55 years.
Type of Loans Under the Scheme
- Personal Loan Interest Repayment Plan
- Group Loan Interest Repayment Scheme
- Group Project Loan Scheme
Required Documents
- Aadhar Card
- Email ID
- Mobile Number
- Electricity bill
- Address Proof
- PAN Card
Benefits of Annasaheb Patil Loan Scheme
- The Annasaheb Patil Loan Scheme will provide financial assistance in the form of loans to the financially unstable citizens of Maharashtra state.
- A loan of INR 10 lakh to 50 lakh will be given to the selected applicants under the scheme.
- With the help of the loan under the scheme, unemployed citizens can start their own businesses which will also create employment opportunities for others.
- The applicants will get sufficient 5 years to pay back the loan amount under the Annasaheb Patil Loan Scheme.
- The financial assistance will be transferred directly to the selected applicant’s bank account
Annasaheb Patil Loan Scheme Application Process
STEP 1: All the applicants who want to apply for the scheme can now go to the official Udyog Mahswayam website and fill out the application form online.
STEP 2: Once the applicant reaches the home page of the official website the applicant must click on the option Register Now.
STEP 3: A new page will appear on your desktop screen the applicant must enter all the details including their name, date of birth, gender, Aadhar card, and registered mobile number.
STEP 4: After entering all the details carefully the applicant must click on the option Next.
STEP 5: Once the applicant clicks on the option next the applicant will receive a OTP on the mobile number that he has entered.
STEP 6: The applicant must enter the OTP that he has received on the registered mobile number.
STEP 7: The applicant must Now enter all other details and click on the option submit to complete their process.
Contact Details
- Phone No:- 1800-120-8040
FAQs
Who is eligible to avail of the benefits of the Annasaheb Patil Loan Scheme?
All the permanent residents of Maharashtra state are eligible to avail of the benefits of the Annasaheb Patil Loan Scheme.
What is the tenure of the loan under the Annasaheb Patil Loan Scheme?
The tenure of the loan under the scheme is 5 years.
What is the loan amount to be given to the selected applicants under the Annasaheb Patil Loan Scheme?ย
A loan of INR 10 lakh to 50 lakh will be given to the selected applicants under the Annasaheb Patil Loan Scheme.