Vyapaar Vriddhi Loan
Small and Micro Enterprises generate substantial income and employment for rural households. However, they have limited access to resources from the banking and financial sector, which could help them in upgrading their business. IDFC FIRST Bank Micro-Enterprise Loan is offered to small and Micro-Enterprises. It can be applied, from our nearest branch. This small business loan comes with one of the best MSME loan interest rates compared to informal financing sources. It offers some amazing benefits like borrowing with zero collaterals and doorstep collection.
One of the best features is that it requires no income proof for a loan up to ₹3 lakhs. This loan is now available in 100% paperless mode with the Instant Disbursal Option. Hence, IDFC FIRST Bank offers just the right Micro-Enterprise Loan if you’re looking to expand your small/ micro-enterprise.
Key Features
Quick loan processing
Collateral free loans
Income proof not required
Loan amount up to ₹10 lakhs
Loan tenure up to 60 months
Paperless processing
Eligibility
- Age: 21 years to 65 years
Documents required
- • Any valid identity/address proof such as Passport, Aadhaar card, Driver’s license, Voter Id
Frequently Asked Questions
Who can avail this loan?
Manufacturing, Trading, Services, Agri-Allied