What is Udyami Mitra from SIDBI ?
Udyami Mitra is actually a Loan Application portal managed by SIDBI. If you want apply loans to start your business then you may apply loans up to 10 Crore on this portal in various government schemes.
Central Government in collaboration with Small Industry Development Bank of India (SIDBI) started this platform. It is made to facilitate business loans to entrepreneurs. It links prospective borrowers to lenders for loans. Various financial training, skill development, mentoring, entrepreneurship development programmes are conducted through this. You may also get details on subsidy schemes under business establishment.
What types of loan could be applied on Udyami Mitra Portal ?
- Mudra Loan– Up to 10 Lakhs
- STAND UP INDIA Loan– For SC/ST & Women- between 10 Lakh to 1 Crore for green field (new) enterprises
- MSME Loans (presently upto 10 Crores)
How to apply for business loans sitting home?
It is very simple to access the online loan portal of Udyami Mitra. Just visit the portal at https://udyamimitra.in and enter the loan amount you require. It will automatically give you option to apply under schemes. Provide the details as required in portal and submit your loan application. It is forwarded to concerned bank branch or departments.
You may easily track the status of your loan application. In case of any query, you may call their helpline no. or write an email or visit the nearby branches of SIDBI.
Hand holding support is also given
Any entrepreneur requires guidance in his endeavor to set up his or her business enterprise starting from training to filling up loan applications as per bank requirements.
This portal facilitates by providing step by step guidance for connecting to various agencies with specific expertise viz. Skilling Centres, Mentorship support, Entrepreneurship Development Program Centres, Financial Literacy Centers, District Industries Centre, together with addresses and contact number
Other Important Benefits of Udyami Mitra Portal
Apart from applying business loans, it is indeed a good platform to enhance your knowledge and skills in financial literacy, Entrepreneurship and industry updates related to your business. It is a platform through which you could also get mentoring for business expansion or new startups. You could learn from industry leaders.
For more details on Business Loans you must visit our section dedicated to Business Loan