April 24, 2018

JKEDI YOUTH START-UP LOAN SCHEME

JAMMU AND KASHMIR ENTREPRENEURSHIP DEVELOPMENT INSTITUTE JKEDI YOUTH START-UP LOAN SCHEME

Upto 20 lakh @ 6% Simple interest for Enterprising Educated Youth

The scheme is a component of Sher-e-Kashmir Employment & Welfare Programme for Youth (SKEWPY)

ELIGIBILITY SCHEME DETAILS FUNDING PATTERN

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Education | Minimum 10+2
Age | 18-40 years
(The age limit shall be 18-42 years for the differently/specially abled persons)
Permanent residents of the state
First Generation entrepreneur

SCHEME DETAILS

» Margin Money 10% of project cost
» Rate of Interest 6% simple interest per year
» Repayment mode 20 Equal Quarterly (Every 3 months) Instalments (EQIs)
» Amount of each instalment Rs 5515/- on Rs 1,00,000/-
» Repayment period 5 years
» Security Third party guarantee of Govt employees with at least 6 years of service

FUNDING PATTERN

Rs. 12 lakh for 10+2
Rs. 15 lakh for graduates
Rs. 18 lakh for postgraduates
Rs. 20 lakh for professional & technical graduates

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For details contact our District Centres:

Anantnag: 01932-225672, Bandipora: 01957-225220, Baramulla: 01952-234129, Budgam: 01951-255128, Ganderbal: 0194-2416123, Kulgam: 01931-260130, Kupwara: 01955-253582, Pulwama: 01933-240030, Shopian: 9419125825, Srinagar: 0194-2310463, 9906840066 Kargil: 01985-232028, Leh: 01982-2522391 Centre for Women Entrepreneurship (K): 0194-2458517/19 Doda: 01996210016 & 9419530165. Jammu: 9419529411 & 01912478080, Kishtwar: 01995259504, Kathua: 01922233329, Poonch: 01965220426, Ramban: 01988266043, Rajouri: 01962260217, 9018020560, Reasi: 01991244064, Udhampur: 01992278050, Samba: 01923246752 | Centre for Women Entrepreneurship (J): 0191-2520028

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