Launch of Startup Common Application Journey on Jan Sammarth Portal

The Department of Financial Services (DFS) has launched the Startup Common Application Journey on the Jan Sammarth 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, and includes special concessions for women entrepreneurs. This initiative aligns with the government's vision for a technology-driven startup ecosystem in India.

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