Bank of India Business Loan

• Star MSME GST Plus: Business must be engaged in trading or manufacturing activities

• Star MSME Education Plus: Approval from educational institutions with audited financial for 3 years and profit-making record of 2 consecutive years

• Star Laghu Udyami: All micro and small enterprises are eligible to apply

• Star Channel Credit: Sponsor Corporate, who is an existing customer or Corporates with an external rating of A, can apply

• Star Start Up: All entities matching the startup criteria set by the bank can apply

• Pradhan Mantri Mudra Yojana: Any individual can apply, including women, proprietors, partnership firms and private companies

• Star SME Education Plus

With this scheme, the funds can be used for constructing and renovating educational buildings, like schools and colleges. You can also use these funds to purchase furniture, computers, etc.

•  Star Laghu Udyami

Star Laghu Udyami targets micro and small enterprises that need working capital to cover their business expenses.

•  Star Channel Credit

Star Channel Credit is best suited for suppliers, vendors, dealers, distributors, and firms. They can get funds under this scheme at competitive interest rates.

•  Star Startup Scheme

Startups can access funds with this scheme. They can use the loan amount for development, innovation, commercialisation of their products and services, and more.

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