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Rs. 3 lakh crore Collateral-free Automatic Loans for MSMEs

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New Delhi : Collateral free automatic loans to MSMEs worth Rs3 Lakh Crore. These have 4 year tenor, valid up to October 31st, 2020:

we announce Rs 3 lakh crores collateral-free automatic loans for businesses, including SMEs. Borrowers with up Rs 25Cr outstanding and Rs100 Cr turnover are eligible: says Union Finance Minister. 


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