how to apply for a loan in bank? here is your answer
If you want to start a business, you first think about the money available to you, after that you feel that the money will be reduced, then you plan to apply for a loan, but you do not necessarily need a bank Give a loan. Of course, the Center and the State Government consistently claims that self-employment is being promoted to remove unemployment so that youth jobs should be in the role of job creator rather than Sikar, but it is a fact that the bank will destroy your dream. And you can rejoin your loan applications. At such a time, it is very important for you to know that there are such conditions of the banks, which, after completion, the banks are forced to pay the loan.
The easiest and unaccounted loan can be found under the Prime Minister's Employment Generation Program, but the study conducted on PMEGP found that the bank canceled about 88 percent of the application. Bank explains that loan application was rejected due to non-availability of project report. So when you prepare your project report, then give the complete details of the project as well as small details. In the report, tell how you will use the loan from the bank. How much money do you have yourself? Market rate of your product or service, rent of shade or office, raw material, Along with market potential, also tell how much you will save by spending all the expenses and bank interest. If you have some confusion, then there are about 200 project reports uploaded on PMEGP website. Select one of them and prepare your project report based on that. Has a link https://www.kviconline.gov.in/pmegp/pmegpweb/docs/jsp/newprojectReports.jsp
This is the fourth condition
If you want to start the business and have prepared your project report, then take a special look at the fact that you have the right information about that business. So that you can tell your experience about the bank officer when you inquire. Verna Bank can reject your loan application.
If you are already running a unit, then you will not get a PMEGP loan
If you are a government employee then you will not get a loan
If your family already has a PMEGP loan then you are not entitled to take it.
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