Annasaheb Patil Loan Scheme 2024: The Annasaheb Patil Economic Development Corporation (APEDC) has launched the Annasaheb Patil Loan Scheme to provide financial assistance through loans to all Maharashtra citizens facing financial difficulties. Many people in Maharashtra want to start or expand a business but struggle due to financial troubles. With the help of the loan, they can start their own business without worrying about financial difficulties. Keep reading to know more.
Annasaheb Patil Loan Yojana – Overview
| Scheme Name | Annasaheb Patil Loan Scheme |
| Launched by | Annasaheb Patil Economic Development Corporation (APEDC) |
| Beneficiaries | Citizens of Maharashtra |
| Objective | Provide Loan |
| Website | Udyog Mahaswayam Portal |
Objective of Annasaheb Patil Loan Scheme
The main objective of launching the Annasaheb Patil Loan Yojana is to help the financially unstable people of Maharashtra by providing loans. With the help of the loan, they can start or expand their business without any hesitation. Candidates who get financial assistance under this scheme will have 5 years to repay the loan.
Types of Loans Under the Scheme
There are 3 types of loans under the Annasaheb Patil Loan Scheme, which are as follows:
- Personal Loan Interest Repayment Plan
- Group Project Loan Scheme
- Group Loan Interest Repayment Scheme
Annasaheb Patil Loan Yojana Eligibility Criteria
Candidates must meet the following eligibility criteria to apply for the Annasaheb Patil Loan Scheme 2024:
- Candidates must be permanent citizens of Maharashtra.
- The maximum age limit for male applicants is 50 years while for female applicants 55 years.
- Candidates must have a bank account and it would be best if it is a current account rather than a savings account.
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Benefits of Annasaheb Patil Loan Yojana
The benefits of Annasaheb Patil Loan Yojana are as follows:
- Under this scheme, you will get financial assistance to start or expand your business.
- You can get a loan from Rs.1,00,000 to Rs.50,00,000 without interest.
- Candidates will have 5 years to repay the loan.
- This government scheme will decrease the unemployment rate in Maharashtra.
Documents Required For Annasaheb Patil Loan
The following documents are required to apply for the scheme:
- ID Proof (Aadhar/ Voter/ PAN Card)
- Address Proof (Passport/ Utility Bills/ Voter Card)
- Age Proof (Aadhar Card/ PAN Card)
- Income Proof (Salary Slip/ Balance Sheet)
- Bank Statement For the Previous 6 Months
Annasaheb Patil Loan Amount
Annasaheb Patil Loan Scheme is an initiative of Annasaheb Patil Economic Development Corporation. The main objective of the Annasaheb Patil Scheme is to provide financial assistance ranging from Rs.1,00,000 to Rs.50,00,000 to financially unstable people of Maharashtra so that they can start a business without any hassles.
Annasaheb Patil Loan Scheme Online Apply
To apply for the Annasaheb Patil Loan Maharashtra Scheme, you need to follow the below steps:
- Step 1: Visit the official website of the Udyog Mahaswayam Portal
- Step 2: Click on the Register Now option to start the application process.
- Step 3: A new page will appear on your screen. Fill in the application form with your details such as name, date of birth, Aadhar, etc.
- Step 4: Complete the captcha code and click on the next option.
- Step 5: You will receive an OTP on the registered mobile number.
- Step 6: Enter the OTP and submit the application form for the loan scheme.
Contact Details
- Address: G. T. Hospital Compound, Barruddina Tayyabbaji Marg, behind J. J. School of Arts, near CST Station. Mumbai-400001
- Telephone Number: 022-22657662/ 022-22658017
- Email: apamvmmm@gmail.com
Frequently Asked Questions (F.A.Q)
01. Who is Eligible For the Annasaheb Patil Loan Yojana?
Ans: Residents of Maharashtra who are facing financial difficulties to start a business will be eligible to avail the Annasaheb Patil Scheme.
02. What are the Benefits of the Annasaheb Patil Loan?
Ans: You can get a loan from Rs.1,00,000 to Rs.50,00,000 without interest with a 5-year timeframe to settle the loan.
03. What is the Tenure of the Loan Under the Annasaheb Patil Loan?
Ans: You will have 5 years to repay the loan.
