Are you also thinking about business? Then there is good news for you. Now the government will help you do business. The state government is giving loans of up to Rs 2 crore to those who start a business. Let’s know how you can take advantage of this scheme and where you have to apply for a loan. But for this, you need a lot of investment. The UP government has decided to meet the need for these funds. The Uttar Pradesh government has launched the One District, One Product (ODOP) scheme to promote business and self-employment. This scheme will help people financially to open their own business.
Who will get the benefit of the loan under the scheme?
The Uttar Pradesh government is giving a loan of up to Rs 2 crore under the ODOP scheme to open a business, while the beneficiaries under the scheme will also be given the benefit of subsidy. Small businessmen will benefit even more from the subsidy.
In this scheme, those people can apply who want to start a business of their own. At the same time, a special product of every district of the state has been included in this scheme. So that local businessmen can get maximum encouragement. Under this scheme, a loan of up to Rs 2 crore will be given to the beneficiaries. Along with this, a subsidy of up to Rs 20 lakh will also be given to the beneficiaries.
How do I apply for a loan in the scheme?
If you want to apply for a loan under UP’s ODOP scheme, you need to register in the ODOP portal. After which you will have to submit a copy of the application to the office associated with this scheme. Do not forget to carry important documents such as the PAN card, Aadhaar card, and project report with the application. As soon as the investigation is complete. Loan money will come into your account.
