Swarojgar Loan

Swarojgar Loan

Empowering Self-Reliance, Fueling Dreams

Purpose:
The Swarojgar Loan is designed to support individuals who aim to become self-employed by starting or expanding their own business. Whether you're a small trader, artisan, vendor, service provider, or entrepreneur – this loan is your partner in progress.

Key Features:

✅ Loan Amount: Up to ₹1,00,000 (subject to eligibility and project requirement)

✅ Interest Rate: Attractive and competitive rates

✅ Repayment Period: Flexible tenure up to 36 months

✅ Collateral: May be waived for smaller loan amounts

✅ Processing Time: Quick and hassle-free disbursement

✅ Use of Loan: Purchase of tools, machinery, raw material, working capital, etc.

Eligibility:

• Resident individuals aged 18 to 60
• Should have a viable self-employment project plan
• Preferably a member/customer of the Bank
• Basic documentation required to establish identity, address, and income potential

Documents Required:

• Application form with photograph
• Proof of Identity and Address (Aadhar, Voter ID, etc.)
• Income proof or business plan/project report
• Bank passbook or statement (if applicable)
• Guarantor documents (if required)