Recommended Portals & Apps
Before applying, visit these government or verified platforms for loan information:
JanSamarth Portal
PSB Loans in 59 Minutes
PMMY Portal
PMAY Portal
PM Vidya Lakshmi
MSME Schemes Portal
Compare eligibility, interest rates, tenure and benefits across these portals before applying.
Business Loan Schemes 2025
Government provides multiple loans for MSMEs, startups and small businesses. These loans help in business expansion, working capital, machinery purchase, and operational costs.
- Pradhan Mantri Mudra Yojana (PMMY): Offers Shishu (up to ₹50k), Kishore (₹50k–5L), Tarun (₹5–10L), Tarun Plus (repeat borrowers up to ₹20L). No collateral required. Widely used for micro-businesses.
- MSME Loan in 59 Minutes: Online loan approval for MSMEs with loan up to ₹5 crore. Helps in term loans, working capital, and expansion projects.
- Stand-Up India Scheme: Provides loans ₹10L–1Cr for SC/ST and women entrepreneurs in manufacturing, trading, and services sectors.
- PM Employment Generation Programme (PMEGP): Offers margin money subsidy for setting up new rural/urban micro-enterprises. Helps first-time entrepreneurs with setup costs.
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE): Collateral-free loans covering 75–85% of sanctioned amount for eligible MSMEs.
Example: An SC entrepreneur starting a bakery under Stand-Up India can apply for ₹15 lakh loan for equipment, rent, and initial stock. The government provides margin money and guidance for repayment.
Education Loan Schemes 2025
Education loans help students cover tuition fees, hostel charges, and other academic expenses. The government provides subsidies to reduce interest burden.
- Collateral-Free Education Loans: Up to ₹10 lakh, families with income ≤ ₹8 lakh get 3% interest subsidy.
- Central Sector Interest Subsidy (CSIS): Full interest subsidy during moratorium (course duration + 1 year) for technical/professional courses, income ≤ ₹4.5 lakh.
- PM Vidya Lakshmi: Unified portal for applying, tracking loans and scholarships, ensures transparency and proper guidance.
Example: A student pursuing engineering in India with ₹9 lakh annual fees can avail PM Vidya Lakshmi portal to apply for a collateral-free loan, get subsidy and track approval online.
Housing Loan Schemes 2025
Housing loans enable individuals and families to own homes with affordable interest rates and subsidies. Government schemes target urban poor, rural housing, and low-income groups.
- Pradhan Mantri Awas Yojana (PMAY): Credit Linked Subsidy Scheme (CLSS) offers interest subsidy up to ₹2.67 lakh for EWS/LIG categories. Applicable for new construction or home purchase.
- PM SVANidhi: Collateral-free working capital loans up to ₹10k for street vendors. 7% interest subsidy and cashback incentives for timely repayment and digital transactions.
Example: A street vendor taking PM SVANidhi loan of ₹10k can invest in inventory, repay within 12 months, and earn cashback incentives, boosting business sustainability.
Eligibility & Documents Required
Most government loan schemes have similar eligibility criteria:
- Indian citizen between 21–60 years
- Valid Aadhaar and PAN card
- Active bank account with regular inflows
- Proof of income (salary slips, tax returns, bank statements)
- Project report or business plan for business loans
- Admission letter, fee structure for education loans
- Property documents for housing loans
Always keep copies of submitted documents and verify official formats on portals.
Step-by-Step Application Process
- Visit JanSamarth or the respective official portal.
- Choose scheme: Business, Education, or Housing.
- Check eligibility and required documents.
- Fill online application form accurately.
- Upload KYC and supporting documents.
- Submit application and note reference ID.
- Track status online. On approval, receive sanction letter and funds.
Tip: Use multiple verified portals to compare interest rates and processing times before final submission.
Important Warnings
- Apply only through official government portals or verified fintech platforms.
- Never pay upfront fees to unknown agents or middlemen.
- Verify interest rates, processing charges, and subsidy eligibility before applying.
- Keep documentation for future reference and tax purposes.
Explore Other Loan Guides
Disclaimer
This page provides detailed information about Government Loan Schemes 2025 for educational and business purposes. It is for informational purposes only and not financial advice. Loan terms, interest rates, eligibility, and benefits may vary. Verify directly with government portals before applying. All Finance Store is not responsible for any third-party outcomes. For personalized guidance, consult a certified financial advisor.