Startup Loans - Fuel Your Business Growth

Mudra loans, CGTMSE guarantee, government schemes • Zero to minimal collateral • Instant approval

Startup Loan Options

Mudra Loan - Shishu

Amount: Up to ₹50,000

Rate: 0-2% subsidy

Tenure: 3-5 years

  • Zero collateral
  • Government guarantee
  • For micro businesses

Mudra Loan - Kishore

Amount: ₹50,001 - ₹5 Lakh

Rate: 0-2% subsidy

Tenure: 3-5 years

  • Low collateral
  • Government backed
  • For growing startups

Mudra Loan - Tarun

Amount: ₹5 Lakh - ₹10 Lakh

Rate: Regular rates + subsidy

Tenure: 3-7 years

  • Minimal collateral
  • For established startups
  • Expansion ready

CGTMSE Guarantee

Amount: Up to ₹1 Crore

Rate: 8-12% p.a.

Tenure: 3-10 years

  • Government guarantee
  • Collateral-free
  • Working capital + fixed asset

Simple 4-Step Application Process

1

Register

Create account and enter basic details

2

Submit Documents

Upload business plan and KYC docs

3

Get Approval

Receive approval within 3-7 days

4

Receive Funds

Funds disbursed to your account

Startup Loan Eligibility

Basic Requirements

  • Age: 18-65 years
  • Indian citizen/registered entity
  • Minimum education: 8th pass
  • Business/MSME registered
  • Valid bank account

For CGTMSE Guarantee

  • Micro/small/medium enterprise
  • Manufacturing/service sector
  • Loan limit up to ₹1 Crore
  • CIBIL score 600+
  • Business plan/project report

Startup Loan FAQs

What is Mudra Loan for startups?

Pradhan Mantri Mudra Yojana (PMMY) is a government scheme offering loans to entrepreneurs without collateral. It covers micro, small, and medium businesses with amounts up to ₹10 Lakh.

Can I get startup loan without business plan?

Most lenders require a basic business plan or project report. However, Mudra loans are more flexible and may not require detailed documentation for smaller amounts.

What is the interest rate for startup loans?

Mudra Loans: 0-2% subsidy available. Other startup loans: 8-12% p.a. depending on credit profile and collateral. CGTMSE guaranteed loans offer competitive rates with government guarantee.

How long does startup loan approval take?

Mudra loans: 3-7 days. CGTMSE loans: 10-15 days. Private sector startups: 2-4 weeks. Online applications are processed faster.

Can I get startup loan with bad CIBIL score?

Yes, Mudra loans don't require CIBIL score. CGTMSE and private lenders may approve with scores 600+. Government guarantee compensates for lower scores.

Launch Your Startup Today

Government-backed financing with minimal barriers

About Startup Loans in India

A startup loan is specialized financing designed to help entrepreneurs launch and grow new businesses. The Pradhan Mantri Mudra Yojana (PMMY) offers government-backed startup loans with zero collateral. Mudra loans for startups come in three categories: Shishu (up to ₹50,000), Kishore (₹50,001 - ₹5 Lakh), and Tarun (₹5 Lakh - ₹10 Lakh).

Get startup financing without collateral through CGTMSE guarantee scheme offering up to ₹1 Crore. The Credit Guarantee Trustee Scheme for MSMEs provides government guarantee, making it easier for startups to secure funding. Startup loan interest rates range from 0-2% subsidy on Mudra loans to 8-12% p.a. on conventional startup loans.

Apply for startup loan online with BuyNswipe and compare rates from multiple lenders. Get instant startup loan approval within 3-7 days with minimal documentation. Whether you need a business loan for new venture or expansion capital, our platform helps connect you with the right funding options.