This loan scheme is designed to promote, empower and encourage of youth and younger population for their creative work within the country, production, manufacturing, export & import and new creation who wants to do business inside the country.

 Loan Size

• Need Based

 Interest Rate

• 99% – 14.75%

Loan Tenure

• 1 to 2 Years

Repayment of Loan

• The loan is repayable in Equated Monthly Installment (EMI).

Criteria

• Age: 25 Years to 60 Years
• Minimum 3 years of business running
• Minimum training experience on related field

Priority Areas

• Cottage and Small industry
• Service sector
• Business sector

Security

• Guarantor base

Fees and Charges

• As per the rules of Dragon Saccos.

Eligibility

• The applicant should be a firm/company/individual.
• Proprietor/owner or key person of the business should have at least 3 years experiences in similar/related business.

Required Documents

• Business Registration Document (MOA & AOA)
• Business Planning Report
• Citizenship Certificate
• Tax Clearance Certificate
• PAN Card
• Company Renew Document

Audit Report of P/L Account last 3 Years