Eligibility: Existing/new businesses with good credit.Loan Amount: ₹1 lakh to ₹50 crores with interest rates of 8%-20% and tenure of 1 to 10 years.Government Schemes for Business Loans:
State schemes for rural development and small businesses.MSFC loans for small businesses.Agricultural loans for farmers.EV subsidized loans for electric vehicle purchases.
Protects businesses from financial losses due to accidents, theft, or damages involving commercial vehicles.Covers legal liabilities arising from third-party injuries or property damage.Covers damages to third parties
Both car and bike insurance are essential for vehicle owners, offering necessary protection against a range of risks. Understanding the types of coverage, features, and claim processes helps individuals make informed decisions and secure their assets effectively.
Residential Plots for individuals/developers.Industrial Plots for businesses.Loan Facilities: Available through bank loans or government subsidies.
This is usually a long-term scheme aimed at generating steady returns with compound interest. Typically, these types of schemes are designed to encourage saving and investing in a safe manner, especially with attractive interest rates like the one you mentioned (12.5% annually).
PMAY Home Loan: Interest subsidies for economically weaker sections (EWS), lower income groups (LIG), and middle income groups (MIG) for home purchase or construction. Subsidy up to ₹2.67 lakh with interest rates at 6.5%.MSFC
The insurance sector in Maharashtra is expected to grow with increasing awareness, technological advancements, and supportive government policies, contributing to the overall economic development of the state.
The Maharashtra Vikas Monthly Cash Interest Plan is a fixed deposit scheme offered by the Maharashtra State Government, primarily aimed at providing a steady income through monthly interest payouts.
Maharashtra’s economy is deeply connected to commodities like agricultural products, energy resources, and industrial metals, which influence its development in various ways. Life insurance provides financial security to your loved
GDP and Economic Output: Maharashtra is a major contributor to India's GDP, with key sectors such as manufacturing, IT, entertainment, and agriculture driving its economic output.Monthly Cash Interest Plan : Interest Rate 12% (Annual)
The Maharashtra Vikas Monthly Cash Interest Plan is a fixed deposit scheme offered by the Maharashtra State Government, primarily aimed at providing a steady income through monthly interest payouts
This summary outlines various development loans available in Maharashtra, focusing on home, personal, business, construction, car, and mortgage loans to support economic growth and individual financial needs.
Maharashtra Vikas offers government-backed investment plans to help you grow your wealth and secure your future. With flexible options like monthly investments and fixed returns, start with a small amount and watch your money grow.
Purpose: Meet personal financial needs (medical, home renovation, education). Eligibility: Salaried individuals, self-employed professionals, business owners.
