Check list for MSME Loans upto Rs.10 crore
The following is the Check list for MSME Loans up to Rs.10 crore: Proof of Identity: Aadhaar Card / Voter’s ID Card / Passport / Driving License / PAN Card /Signature identification from present bankers of proprietor, partner of [...]
Importance of Business Forecasting for Business Growth and Success
A forecast can play a major role in driving a company's success or failure. But how do you figure out the best time to invest in growth? Should you strive to anticipate market trends? For that, you need to [...]
DIFFERENCE BETWEEN BOOKKEEPING AND ACCOUNTING
Bookkeeping and accounting are two terms that are often used interchangeably. But both of them are different. The difference between bookkeeping ad accounting can be analysed from the below advantages and limitations: Bookkeeping Bookkeeping Means the recording of financial [...]
Top 10 Most Successful Small Business Ideas to Start with Low Investment
Did you know that more than 70 percent of Indian start-ups are initiated with an initial investment of less than 5 lakhs- this is a testimony that big success does not necessarily require big capital. With the current world, [...]
How to Apply for Karma Sathi Prakalpa Scheme in West Bengal
The West Bengal government introduced the Karma Sathi Prakalpa scheme to help the dreams of young entrepreneurs. This project offers simple funding up to 2 lakh rupees to get the youth to begin their own business. Since it was [...]
MSMEs Loans available in Maharashtra
Maharashtra is one of the most industrialized states in India, with a thriving MSME sector that generates significant employment and contributes to the state's GDP. The Maharashtra state government has implemented various loan schemes and policies to support the [...]
Business plan for start-ups
The Blueprint of a startup – Business plan!You have a startup idea that could change the world! But in the world of business and startups, success is not only about the idea; it's more about the execution. In order to [...]
Which loan scheme is best for business?
The requirement for funds varies for each business. As per the type of business, the scale of operation, repayment capability, amount of fund required may change. Business entity faces a lot of difficulties to get the right kind of [...]
Role of Project Report in Bank Loan Approval
Information from different aspects like technical, financial, economic, production, and managerial are important for any business. They play a significant role in the business phases of startup, growth, and expansion. What is a Project Report? A written document associated [...]
Mudra Loan Interest Rate
The Government of India has introduced the Mudra loan intending to promote affordable business and entrepreneurship loans. The full form of Mudra is Micro Units Development and Refinance Agency Loans which are provided to small enterprises and non-farm agencies, [...]
Mudra Loan Online Apply: Step-by-Step Process for First-Time Applicants
Are you considering applying for a Mudra loan online and not sure where to start? No worries, I will guide you how to do it step by step. Whether you're a small business owner, a startup founder, or simply [...]
TAX DEDUCTED AT SOURCE (TDS)
In India, tax deduction at source (TDS) is a way of collecting taxes from income, dividends, or asset sales. It works by requiring the payer to deduct the tax amount before giving the remaining money to the recipient. Advantages [...]
Most Popular Loan Schemes in India in 2023
The following are some most popular loan schemes that you can avail in India: 1. PMEGP (Prime Minister's Employment Generation Programme ) Who is eligible for PMEGP? Any individual above the age of 18 can apply for the scheme. [...]
NBFC DSA Registration in India: Eligibility, Documents & Process
Confusing how to become a Direct Selling Agent (DSA) of loans in India? NBFC DSA registration will help you to enter a highly rewarding career in financial services. By registering with NBFC DSA online, individuals and small business owners [...]
Pros and Cons of Project Finance: Is It Right for Your Project?
Did you know? The World Bank estimates that more than 60% of all large infrastructure projects around the world are funded using project finance structures. This indicates how this mode of funding has become so popular and powerful. However, [...]
Pravasi Loan (NDPREM) of Kerala
Norka Department Project for Returned Emigrants is known by the abbreviation Ndprem. A returnee who was an expatriate and wants to start a company in Kerala is given financial assistance and an income subsidy for his investment under the [...]
From Idea to Report: The Journey of a New Business Project
Embarking on a new business venture is an exhilarating journey that begins with a spark of an idea and culminates in the creation of a compelling project report. This document is not just a formality; it's the roadmap that navigates [...]
Most Popular Innovative Business Ideas in India
The following are some most popular innovative business ideas in India in 2023: Rainwater harvesting It is the collection and storage of rain, rather than allowing it to run off. Rainwater is collected from a roof-like surface and redirected [...]
What Is Capital Budgeting? Methods, Importance & Examples Explained
Growth is desired by every business, however, the most important thing is to make the right investment decision. That’s why capital budgeting comes up here. It assists businesses to determine the best places to invest their funds in order [...]
CERSAI
CERSAI is India's main online security interest registry company. It was primarily designed to prevent lending against equitable mortgage fraud, in which people took multiple loans on the same asset from different banks. The Central Government, Public Sector Banks, [...]
How to Access Global Markets with Low Investment?
“95% of the world’s consumers live outside your domestic market.” – World Bank This single statistic shows why businesses of all sizes, from small exporters to fast-growing startups, are increasingly looking outward. Until recently, the idea of expanding globally [...]
Fostering Entrepreneurial Spirit: Navigating Through the 2024-25 Interim Budget with Finline
As the dust settles on the announcement of the Interim Budget for 2024-25, it's clear that the Indian government's stance on nurturing the startup ecosystem and MSME sector remains as robust as ever. With no changes in the existing taxation [...]
Best 7 Digital Marketing Schemes for MSMEs to Maximize ROI
In case you are currently operating an MSME, I can tell you one thing, you are likely to be doing a hundred things at once. Whether it is day to day operations and running or answering customer questions and [...]
Chief Minister Employment Generation Programme
Maharashtra's government has started The Chief Minister Employment Generation Programme (CMEGP). In essence, it is an employment-generating subsidy scheme tied to credit. In both urban and rural areas of the state, the government will establish micro and small businesses [...]
MSME Loan schemes available in Nagaland
Nagaland, a state in the northeastern region of India, is home to a vibrant and diverse micro, small, and medium enterprise (MSME) sector. To support the growth and development of this sector, the government of Nagaland has launched several [...]