Youth Entrepreneurship Loan

Be the Change, Build Your Legacy at Home

Interest Rate: 11-13%

Features

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Youth Focused Loan

The Youth Entrepreneurship Loan is specifically tailored to empower and support young individuals under the age of 35, encouraging them to pursue their entrepreneurial aspirations.

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Flexible Loan Amount

Borrowers can access funds ranging from a minimum of Rs 100,000 up to a maximum of Rs 1,000,000, providing financial flexibility to pursue their business ventures.

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Grace Period

A grace period of 6 months is provided, during which borrowers are required to pay only the monthly interest. This grace period enables entrepreneurs to focus on setting up their ventures before commencing regular loan repayments.

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Support for Local Entrepreneurship

By providing financial assistance and encouragement, the loan aims to promote entrepreneurship within the country, enabling youth to create employment opportunities and contribute to local economic growth.

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Subsidized Interest Rate

As an incentive for youth entrepreneurship, the loan offers a subsidized interest rate, reduced by 1%, making it more affordable and attractive for young borrowers.

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Extended Tenure

The loan offers a maximum repayment period of 5 years, allowing borrowers ample time to establish and grow their businesses without the burden of immediate repayment.

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Competitive Interest Rate

The Youth Entrepreneurship Loan offers a favorable interest rate of 14.75%, ensuring affordable financing options for young entrepreneurs.

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Dedicated Member Service

Chandragiri Savings and Credit Cooperative Ltd offers personalized support and guidance throughout the loan application process, ensuring a smooth and hassle-free experience for aspiring young entrepreneurs.

Benefits

Encourages Youth Entrepreneurship

The Youth Entrepreneurship Loan encourages young individuals to pursue their entrepreneurial dreams by providing them with the necessary financial support and incentives.

Subsidized Interest Rate

The loan offers a subsidized interest rate, reduced by 1%, making it more affordable and attractive for aspiring young entrepreneurs.

Grace Period

The grace period of 6 months allows borrowers to focus on setting up their businesses before starting regular loan repayments, easing the initial financial burden.

Promotes Local Employment

By supporting youth entrepreneurship within the country, the loan contributes to the creation of employment opportunities, promoting local economic growth and self-reliance.

Contributes to National Development

By encouraging youth to establish successful businesses within the country, the loan contributes to overall national development, reducing reliance on overseas employment and promoting self-sufficiency.

Financial Flexibility

With a range of loan amounts available, from a minimum of Rs 100,000 up to a maximum of Rs 1,000,000, borrowers have the flexibility to access the funds they need to start or expand their businesses.

Extended Repayment Tenure

The loan provides a generous repayment period of up to 5 years, giving entrepreneurs ample time to establish and grow their ventures without the pressure of immediate loan repayment.

Competitive Interest Rate

The Youth Entrepreneurship Loan offers a competitive interest rate of 14.75%, ensuring affordable financing options for young entrepreneurs.

Empowers Youth

The loan empowers young individuals to take control of their futures, fostering independence, creativity, and innovation in the business landscape.

Disclaimer:

At Chandragiri Savings and Credit Cooperative Ltd, we are committed to supporting the entrepreneurial aspirations of the youth with our Youth Entrepreneurship Loan. While we strive to provide accurate and timely information, please note that the loan terms and conditions are subject to the cooperative’s policies and regulations. We encourage you to consult with our dedicated team to fully understand the loan features, eligibility criteria, and any other relevant details. We are here to assist you in realizing your entrepreneurial dreams and contributing to the growth and development of our nation.