UP government’s biggest gift to the youth! You will get ₹5 lakh to start your business, no interest, no guarantee!

Do you also have a great business idea, but due to lack of money, your dream has remained just a dream? Do you also want to become your own boss instead of going through the motions of job? If yes, then the Uttar Pradesh government has brought a golden opportunity that can change your life! The government has started such a revolutionary scheme for the youth, in which they are getting loans up to ₹ 5 lakh to start their own business, and the most amazing thing is that there will be no interest of even a single rupee on it, nor will you need any guarantee or collateral. What is this ‘Boon’ like scheme? (Objective of the scheme) The government has only one objective – to make the youth of Uttar Pradesh not ‘job seekers’ but ‘job providers’. The government wants you to start your own small business, become self-reliant and provide employment to others along with yourself. Who can take advantage of this ‘golden opportunity’? (Eligibility) The government has kept the conditions so easy that any skilled youth can take advantage of it: You must be a resident of Uttar Pradesh. Your age must be between 21 to 40 years. You must be at least 8th pass. You must have a certificate of some skill training (like computer course, tailoring, electrician etc.). You must not have already availed the benefit of any other government loan scheme. What is special in the loan, which is not available anywhere else Will you get it? Absolutely interest free: You will have to pay zero interest on loans up to ₹ 5 lakh. No guarantee: You do not need to mortgage any kind of property or bring any guarantor. Long time to repay: You will get full 4 years to repay the loan. Also ‘Shagun’ from the government: The government will also give you 10% margin money, which will be converted into subsidy if you run your business successfully for 2 years, i.e. You will not have to repay it! For what purposes will you get this loan? You can start any small manufacturing, service or business, like: making pickles, papads or spices at home. A small digital marketing agency. Any handicraft work. A small cafe or food stall. How to apply? (How to apply) The entire process is online and very easy: Go to the government’s MSME portal and register yourself. Prepare a small project report (plan of the business you will do). Upload all your necessary documents (Aadhaar card, PAN card, bank details, certificates). Your form will be sent to the bank after verification from the District Industries Center, and the loan will be passed from there. This scheme is just a loan. No, rather it is a guarantee to give wings to your dreams. If you have business in your blood and the desire to do something big, then don’t miss this opportunity!

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