S074AB

Working Capital Term Loan (WCTL)

Startups across India can access financial assistance through the Working Capital Term Loan (WCTL), which provides gap funding to eligible contractor firms and companies. This initiative, managed by the Ministry of Development of North Eastern Region, aims to support the growth and sustainability of new businesses.

केंद्रीय

राज्य / केंद्र शासित प्रदेश: All India

मंत्रालय / नोडल: Ministry of Development of North Eastern Region

योजना किसके लिए: Startups

योजना प्रोफ़ाइल

डीबीटी (प्रत्यक्ष लाभ अंतरण): नहीं

लक्षित लाभार्थी: Startups

टैग: startups, Credit Benefit

विवरण

Brief

NEDFi provides financial assistance in the form of gap funding to eligible contractor firms companies for contract work execution. Working capital term loan assistance is given in the form of gap funding. Interest rate is fixed based on prime lending rate with plus or spread as per the credit worthiness of the borrower, risk perception, rating, and other relevant factors.

Eligibility

  • Eligible contractor firms and companies.

Tenure

  • Active

Benefit tags

  • Credit Benefit

Notes

  • NEDFi provides financial assistance in the form of gap funding to eligible contractor firms companies for contract work execution. Working capital term loan assistance is given in the form of gap funding. Interest rate is fixed on the basis of prime lending rate with plus or spread as per the creditworthiness of the borrower, risk perception, rating, and other relevant factors.

लाभ

  • - Financial assistance in the form of gap funding
  • Financial assistance in the form of gap funding

पात्रता

  • Eligible contractor firms and companies.

  • Active

आवेदन प्रक्रिया

संदर्भ

आवेदन करें

अभी आवेदन करें

आधिकारिक आवेदन या कार्यक्रम पोर्टल नए टैब में खुलता है। संदेह हो तो मंत्रालय की साइट पर विवरण सत्यापित करें।

Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status