MSME Loan schemes available in Odisha
MSMEs (Micro, Small and Medium Enterprises) play a crucial role in the growth and development of the Indian economy. However, the growth of MSMEs is often hindered by a lack of access to finance. To overcome this challenge, the [...]
Top 10 Most Popular Types of Loans in India
Are you planning to buy a house, start a business, or fund your child’s education? No matter your goal, there's likely a loan designed just for it. Understanding the different types of loans in India is the first step [...]
Pradhan Mantri Mudra Loan Documents – Apply for Mudra Loan Online
Loans for Non-corporate, non-farm small / micro enterprises The Mudra Loan scheme is a main part of the Pradhan Mantri MUDRA Yojana (PMMY) by the Government of India, designed to help micro and small businesses. The applicant must [...]
Project Report for Medical shop
This project report for medical shop provides a roadmap to help entrepreneurs tap into a growing, essential industry while building a profitable business that benefits the community. Imagine running a business that earns steady profits while improving your community’s health. A [...]
Top 20 Small New Business Ideas to Launch from Home in India
Explore 20 carefully curated small new business ideas tailored for modern entrepreneurs in India. From digital services to product-based ventures, each idea is designed for low investment, high growth, and easy setup from home. Start strong with the right [...]
What is a Letter of Credit?
A letter of credit, or "credit letter" is a letter from a bank guaranteeing payment. They can provide security to a seller that will be received on time and for the correct amount. If the buyer is incompetent to [...]
What is Startup Punjab Scheme?
The economy of a state is heavily reliant on creativity and entrepreneurship. The state of Punjab has a reputation for being a leader in terms of overall prosperity and development. Industry, agriculture, education, health, literature, sports, arts, and culture [...]
LEAVE ENCASHMENT AND INCOME TAX EXCEPTION IN INDIA
Leave encashment denotes an amount of money obtained in exchange for a period of leave not availed by an employee. An employee can take encashment of acquired leave during the period of retirement. During the maintenance of service or [...]
Factors affecting CIBIL score
The following are the main factors affecting the CIBIL score: Repayment History This is a main factor that directly affects your CIBIL score. Every time a person avails credit or a loan, the lender is bound by duty [...]
Swami Vivekananda Swanirbhar Karmasansthan Prakalpa
The West Bengal Swarojgar Corporation Ltd implements the Swami Vivekananda Swanirbhar Karmasansthan Prakalpa(SVSKP), a flagship scheme of the Department of Self Help Group & Self Employment (WBSCL). The basic goal of the scheme is to increase access to credit [...]
MUDRA loan Scheme
Micro Units Development & Refinance Agency (MUDRA) Limited is an institution set up by the Government of India for development and refinancing activities relating to micro units. The Hon'ble Finance Minister announced MUDRA in the 2016 Budget. Under MUDRA, [...]
How to Measure Small Business Performance?
As an entrepreneur, we know how crucial it is to identify what functions well in your company and what doesn't. The only thing you can count on in business is that things will change constantly. So that you can [...]
Best Format for Project Report for Bank Loan Application
A project report for bank loan is one of the most important documents you will require in case you need a bank loan to start a business. It assists the banks in knowing your business model, the financial plan [...]
Loan Schemes for MSMEs In Jharkhand
Jharkhand is a state in eastern India that is known for its rich mineral resources and diverse culture. With the growth of the MSME sector in the state, the Jharkhand government has implemented various schemes to support the [...]
What is Mukhyamantri Yuva Udyami Loan? Eligibility, Benefits & Application Guide
When you want to start off your own business, it can be a big move, more so when there is little money involved. The government has introduced the Mukhyamantri Yuva Udyami Loan scheme to provide financial support to young [...]
From Farm to Finance: Project Reports in Agriculture
In the heart of agriculture lies a delicate dance between nature and business, where success is cultivated through meticulous planning and execution. For ventures like poultry and goat farming, the key to unlocking financial support and sustainable growth lies in [...]
Madhyapradesh Mukhya Mantri Swarozgar Yojna
Madhyapradesh Mukhya Mantri Swarozgar Yojna is a scheme that offers loans up to 25 lakhs for promoting entrepreneurship in Madhya Pradesh without the need for collateral security. Who is eligible for this scheme? Applicant must be a permanent resident [...]
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, [...]
Annual Compensation vs Annual Salary: What’s the Difference?
ContentHow Do Credit Cards Work?Credit Card Quick LinksNet Income Formula: How To Calculate Net IncomeWhat is annual income? — Definitions and example calculationsWe need to confirm you’re human.Annual Income MeaningHow can a company change their Annual Income? Income is money [...]
Mukhyamantri Rojgar Srijan Yojana Loan Scheme, (Jharkhand) 2021
The Government of Jharkhand has recently launched the Chief Minister Employment Generation Scheme. Under this scheme, the Government of Jharkhand will provide financial assistance to its people. Through this scheme, Unemployed youth of the state can take loans without [...]
MSME Loans in Telangana: Top Government Schemes & How to Apply
Passion is not the only thing in running a small business, but you must have the right financial backing. There is good news, especially when you are an entrepreneur or a small business owner in Telangana. There are various [...]
PMEGP Projects Unveiled: A Guide to Project Report Success
Embarking on a business venture with the Pradhan Mantri Employment Generation Programme (PMEGP) can be a transformative journey, offering a springboard for entrepreneurs to turn their dreams into reality. Central to this process is the creation of a compelling project [...]
MSME Loan schemes available in Sikkim
The state of Sikkim, nestled in the foothills of the Himalayas, is known for its scenic beauty and tourism industry. However, the state government is also promoting the growth of Micro, Small and Medium Enterprises (MSMEs) in the state. [...]
What is Unsecured Business Loan?
Unsecured business loans are an excellent funding opportunity for businesses that don’t own many assets. This loan doesn’t require collateral security to submit to the bank or NBFC. A secured loan uses assets as security, which means if things [...]
Debt Service Coverage Ratio DSCR
What is the debt service coverage ratio? In simple words, the Debt Service Coverage Ratio (DSCR) is a measure of whether a property generates enough income to cover its debt payments. The sum of money needed to cover both [...]