There are several options available to you Collateral free bank loans for Indian startups if: Collateral Free Loan is available for startup businesses if they are fulfilling the below conditions; It should be a private limited company and should have SME/SSI registration. The extent of financing of the project cost: 10% of promoters, 20% from investors (Angel funds, VCs, individuals). Types of a loan – Term loan or a working capital aid will be granted. Term loan is for a maximum period of 7 years and maximum moratorium period of 3 years. The loan is covered under CGTMSE scheme. Also check out 25 Bank loans for your startup in India Specific schemes for Indian startups: If the Indian goverment is giving so many opportunities, why not use them: India Aspiration Fund – Venture Fund This is the fund announced by the new government, and you can check more details on a link provided. URL: Govt. Launches India Aspiration Fund & Ma...
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