Launch of Startup Common Application Journey on Jan Samarth Portal
The Department of Financial Services (DFS) has launched the Startup Common Application Journey on the Jan Samarth Portal, providing a digital platform for startups to access credit from all Public Sector Banks (PSBs). The initiative allows startups to apply for loans, compare offers, and track applications seamlessly. It offers loans up to ₹20 crores under the Credit Guarantee Scheme for Startups, integrating various data sources for faster processing and transparency. Special concessions are available for women entrepreneurs, promoting inclusivity and supporting the government's vision for a thriving startup ecosystem in India.
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