Annasaheb Patil Loan Scheme Information 2024 – Application Process, Eligibility and Benefits

The Annasaheb Patil Loan Scheme 2024 is here to help people in Maharashtra. This scheme comes from the Annasaheb Patil Economic Development Corporation (APEDC) to give loans to those who need money and are struggling financially. If you are unemployed or have no job, this scheme is a great chance for you to start your own business.

With the Annasaheb Patil Loan Scheme 2024, you can get a loan amount ranging from Rs. 10 lakhs to Rs. 50 lakhs. This means you can receive a lot of help to get your ideas going. You don’t have to be afraid of money problems because this scheme is designed to support you in starting something new.

Annasaheb Patil Loan Scheme
Annasaheb Patil Loan Scheme

Anyone who lives in Maharashtra and is a permanent resident can take part in the Annasaheb Patil Loan Scheme 2024. It’s a good opportunity to make a change in your life and improve your financial condition. Don’t miss out on this chance!

Annasaheb Patil Loan Scheme 2024

The main goal of this loan scheme is to help the poor people of Maharashtra. This loan scheme will give them money so that they can start or grow their own businesses.

When unemployed citizens get this loan, they can create jobs and help their friends and family too. This will also make more job chances for everyone. All the people who get the loan will have 5 years to pay it back, which is really helpful.

This scheme wants to give power to people, especially young people who don’t have jobs and those who are not very rich. If you want to get help from this loan scheme, you must check if you meet the eligibility criteria.

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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.

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STEP 2: Once the applicant reaches the home page of the official website the applicant must click on the option Register Now.

Registration Form
Registration Form

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?

A loan of INR 10 lakh to 50 lakh will be given to the selected applicants under the Annasaheb Patil Loan Scheme.