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Government of India (GOI), Ministry of Micro, Small and Medium Enterprises (MSME) has launched a portal for online approval of Cash Credit (Working Capital) up to 1 Crore in a 59 minutes. The portal is the initiative in direction to Ease of Doing Business in India. Public sector banks like SIDBI, SBI, BOB, Indian Bank, PNB are offering a CC loan on this portal.To apply you need following details:
- GSTN User ID & Password,
- Income Tax Return in XML / E-filing User ID & Password,
- Net Banking User ID & Password,
- Business Information,
- Loan Information,
- Selection of Bank.
For more details and how to apply please click the link to article in Economics Times below:
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