At this time you can take a business loan at low interest under the Pradhan Mantri Mudra Loan Yojana.
If you want to start your own business, then you can get a loan of up to Rs 10 lakh under this scheme.
Loans ranging from Rs 50,000 to Rs 10 lakh are available under the Pradhan Mantri Mudra Loan Yojana at very cheap interest rates.
If you keep repaying this loan on time, then the interest rate on it is also waived off.
Considering the employment situation, this loan scheme is divided into three categories – PM Mudra Shishu Loan, Mudra Kishore Yojana and PM Mudra Tarun Yojana.
According to the data, till now in 2021-22, loans up to Rs 175312.13 crore have been given under the Pradhan Mantri Mudra Loan Yojana.
For Pradhan Mantri Mudra Loan Yojana, you have to go to your nearest bank.
More details about PM Mudra Loan Scheme can be checked by visiting mudra.org.in.
If you also want to take a business loan, then the Pradhan Mantri Mudra Loan Scheme of the Central Government is the best option.