Annasaheb Patil Economic Development Corporation Loan Scheme

iAbout This Scheme

Maharashtra government corporation providing low-interest or interest-free loans to economically backward class (EBC/Open category) youth for self-employment, business, and entrepreneurship ventures.

🎁Key Benefits

• Individual loan up to ₹10 lakh at 6% interest
• Loan under group scheme up to ₹10 lakh per member
• Interest subsidy — state pays 12% of 18% total interest
• Training and capacity building support
• Loan for business, agriculture, self-employment

✅Eligibility Criteria

• 1
  Maharashtra domicile holder
• 2
  Does not belong to SC/ST/OBC/NT/SBC (open/EBC category)
• 3
  No previous default with any financial institution

📝How to Apply

❓Frequently Asked Questions