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DBM BOOST LOAN SCHEME
DBM BOOST LOAN SCHEME
Maximum Loan Amount
Up to a maximum of Rs 10,000,000
Moratorium Period
Up to 1 year
Repayment Period
Up to 7 Years including moratorium
Purpose of Loan
Setting up of startups in productive activities (generating value addition and contributing to import substitution) in the manufacturing sector and the circular economy; and finance of existing businesses in productive activities pursuing their expansion and diversification strategies in the manufacturing sector and the circular economy, including purchase of production machines and equipment, and finance of working capital requirements and marketing activities
Financing
90% of cost of project 10 % own funds
Eligibility
Entrepreneurs and business enterprises (including startups)
Security
As per DBM terms & conditions