The West Bengal government has launched a new scheme for the young residing in West Bengal. This is to encourage them to start their own business.
Under this scheme, eligible applicants take a business loan of up to 5 lakhs to start a business.
In this article, you will get to know the following details about the Bhabishyat Credit Card Scheme,
Let’s see each of these points in detail.
About Bhabishyat Credit Card Scheme
|Name of the scheme||Bhabishyat Credit Card|
|Launched by||Government of West Bengal|
|Beneficiaries||Youth of West Bengal|
Eligibility Bhabishyat Credit Card Scheme
The eligibilities for Bhabishyat Credit Card are,
- Applicant must be 18 to 45 years of age.
- Applicant must be a permanent resident of West Bengal.
- Applicant must be unemployed.
Banks may impose more eligibility criteria.
Bhabishyat Credit Card Scheme Loan Amount
Eligible applicants can take a loan of up to Rs. 5 Lakhs under the Bhabishyat Credit Card Scheme of the West Bengal government.
Benefits of the Bhabishyat Credit Card Scheme
The benefits of the Bhabishyat Credit Card Scheme are,
- New employment opportunities.
- Easier to do business in West Bengal.
- Hassel free business loan.
- Seed money of up to Rs.25000 will be provided for the government.
The West Bengal government has said that up to 2 lakh youth will be benefited from this in the next 5 years.
FAQs regarding the Bhabishyat Credit Card Scheme
What is the loan amount under the Bhabishyat Credit Card scheme?
The loan amount is up to Rs. 5 Lakhs under the Bhabishyat Credit Card scheme.
How to apply for the Bhabishyat Credit Card scheme?
You can apply for Bhabishyat Credit Card through various participating banks. The detail of which will soon be shared by the West Bengal government.