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Get Loan Up To 5lakh to Start Your Own Business in Tamil Nadu

Tamil Nadu has emerged as one of the leading states for starting up business in India. An annual Small and Medium Enterprises (SME) survey conducted by India SME Forum in June 2014 reveals that Tamil Nadu is the most preferred destination for start-ups, as the state has a highly entrepreneur friendly conductive business climate. Unemployed Youth Employment Generation Programme (UYEGP) provides financial assistance to economically backward classes in manufacturing, service and business sector except any direct agricultural activities like raising crops.

Objective:

  • Provide employment opportunities for the weaker unemployed youth in their native places
  • To put an end to mass migration from rural to urban areas due to unemployment
  • To facilitate provisions of collateral free assistance under Credit Guarantee Trust for Medium , Small and Micro Enterprises (CGTMSME) merging with Unemployed Youth Employment Generation Programme (UYEGP)

Benefits:

Maximum project cost

Sector Loan
Manufacturing Sector  5 lakh
Service Sector 3 lakh
Business Sector 1 lakh
  • Under this scheme, loans can be availed from nationalized banks, private banks and Tamil Nadu Industrial Cooperative Bank
  • No collateral security is needed to get loans under this scheme.

Promoter’s contribution

  • For general category, the owner’s contribution should be of 10%
  • For special category (SC/ST/OBC/Minorities/Women/Ex-servicemen/Physically Challenged/Transgender) owners’ contribution should be of 5%.

Subsidy

At the rate of 15% of the project cost, subsidy will be provided to the beneficiaries.

Training

A compulsory training of 7 days will be given to the beneficiaries in Entrepreneur Development Programme organized by Entrepreneur Development Institute of Government of Tamil Nadu.

Eligibility Criteria

  • Age– Any individual over 18 years of age (for General category-maximum age should not exceed over 35 years of age, for Special category- maximum age should not exceed over 45 years)
  • Education– Should have minimum education of standard 8
  • Income ceiling– The family income of the beneficiary along with the spouse should not exceed Rs 1.5 lakh per annum
  • Residence– Should be a resident of Tamil Nadu for at least 3 years

Implementing agencies

District Industries Centre (DICs) of the concerned Districts and the Office of the Regional Joint Director of Industries and Commerce in respect of Chennai District

How to avail

To avail financial assistance click here

To avail subsidy click here

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175 comments

  1. Sir’ i want to start new bussiness Pls help for that i am a diploma holder

  2. Hello sir,I am sriram ,I want a start up buissness loan pls help me….

  3. Hello Sir,
    This is hasan i was completed diploma in 3d animation in davinci media college and now i have a good knowlege of graphic designing so i am planning to start a flex printing business in my native karur (Tamil nadu). If any possibilitys to get a loan frrom you. Help me to grow up.

    Thank you.

  4. I got franchise for nonstopcourier in whole cuddalore district.so that i need loan. How to apply it and where to get.kindly help me.

    • Hello,

      Thank you for your query. Kindly download the attached forms (of loan) from our site and you can directly visit any nationalized banks, private banks and Tamil Nadu Industrial Cooperative Bank and can talk to the Branch manager for getting loans. if you have any more queries you can reach out to us at [email protected]

  5. sir i have ideas for my own business but i dont have money because my family situation very critical so please give me good tips…

  6. I am planning star training company kindly send the info

  7. Sir i have best idea for hotel business… I want inversment

  8. I’m planning to start a security service business so I’m looking for the loan amount of 4 lakh. Kindly acknowledge for the same

  9. Sir may i know where is the entreprenur training .. in chennai

  10. I need loan with the following features
    Without security
    Without interest
    With subsidy 25%
    Under uyegp special loan for flood affected area
    Where can I download loan application
    Please guide me

    Thanking you

  11. Hollo sir.,
    i sivakumar M,sc graduate..i have business plan but no money…how to get business loan…i will decided with business in animal husbandry

  12. dear sir madem,
    Im arun john from karaikudi. im
    degree holdel in B.Sc comp.sci. im doing
    a buissiness in telecom industry for the pas
    tow years. now im having an apportunity for to develop my buissiness. so please let me a procedure for how can apply. i have a tin number current account in trade name an for past two year IT statesment and all oriented buisness documents. please help me for getting loan by lowest interest.

    thanks and regs,
    john B.Sc

  13. i started new small fast food , we need 5 to 10 lakhs loan for more development . pls help for the procedure of loan. I need governement scheme loan.

  14. Sir ‘I am degree holder . I want to start a new business . so help me a loan in 5lakhs. Please send by the full details and contact no and address .pls help me sir.

  15. Hi. I am hathun completed MBA. I want to start my own business. But I have no money. Can u help me sir. How can I got DIC certificate?

  16. Sir am vinoth kumar am starting in new business for in shopping complex pls give me a loan sir

  17. Just for 5 laksh need sir pls provide a loan

    • S.MOHAMED RAFIQ

      Sir..iam mohamed rafiq…from erode (tamilnadu).my qualification M.A. B.Ed.. now i have a chance to join an aided school.but they ask donation…so i need 5 lakhs amount for very very low interest….if u have chance to give me,i will have returned very soon.my mobile no.9976144884

  18. Dear sir,
    I was work 2 years in plastic industry
    Now I would like startup my own company
    Can I help me in this

  19. Sir i am sarath
    I am studying final mca .l have plan to start own bussiness so i need some advice.

  20. Sir I have a plastic moulding company and have only manual machine.can I avail loan for automatic machine which will help me in developing my business and revenue,please advice

  21. Dear sir I need to start a new business.already I worked in one mobile shop with computer center now I need to start as own….for that I need 5 to 10 lakhs to start big show room….I finished my diploma.help me..

  22. Sir…….
    i want to start a new bussiness. Pls help for that i am a middle class family. last 7 years i work with a offset press operator. still iam try to make a new offset printig press so i want some mony for started them so please help me ……….

  23. Hello Sir/Madam,

    GoodNoon. Myself GuruVignesh K, from Tirupur Dist. I want to start new bussiness Pls help for that, I am a engineering holder.

  24. sir,
    i am ramesh M.C.A, i want bussiness ideas and 10 lakh above GOVT loan.any possibility sir.But my bussine in rural area.

  25. Dear Sir,

    I am Aruna ,I want a start up buissness loan for Garments Manufacturing upto 25 lakh.

    Kindly help me.

    Thanks & Regards
    Aruna

  26. Hai sir .,i did engineering and am much intrested in business because i did part time jobs in my studing life…so i plan for business also am not have investment so i need your help to growth us . Thank you friend

  27. i start up new small business. i want 2 to 3 Lak loan amount for developed to my new business. so i need government scheme loan. kindly help me.

  28. Dear sir I am leelavathy completed my graduation I would like to star my paper plate manufactuing business so pls me to grow up from gudiyattam vellore dist mail I’d [email protected]

  29. i started travel agency office online bus ticket booking,i need 5 to 7 Lkhs more,pls help procedure of loan,i need goverment scheme loan

  30. Hi sir,
    I’m planning to start a garment factory in Tirupur (India) with capital of 2 lakh rs and i like to know how to get a loan for developing the business and also kindly let me know can i apply for a loan before starting my business. Also i like to hear your valuable suggestion on this regards

    Thanks,
    Vinodh
    +91 98947 05944

  31. hi, this is praveen.Im a engineering graduate. Working in a private sector. Planning to start up a electrical product trading. Looking for Loans. Have any ideas please share to me. Thankyou.
    9442233450
    bharathra[email protected]

  32. muthuraman chellam

    Hello sir just now I saw ur website

    We have one shop very good running for at present, so I want extend that shop some more extra things I want to buy pls allot one lakhs only enough for me ,daily also I pay for ur loan

  33. HLO SIR,
    I’M AJITH I WANT TO START A NEW BUISNESS SO I WANT A GOVERRMENT SUBCEEDY LOAN, I’M LIVED IN NILGIRI DISTRICT PLS HELP ME…

  34. Sir this is deva I got married last year I, finished 12th nd im working in private sector we r troubling to run our family I lik to start a business plx help me sir if thr s possible

  35. m.pravesh kumar

    I want business loan. My business already running in tamil nadu

  36. dear sir/madam,

    i am from tirunelveli-tamilnadu.my family is a poor family.my won’t give money for my business. kindly refer

    and arrange the loan.please help me for my life….

    thank you.,
    anbu

    ph:7358822933

    mailid: [email protected]

  37. Hi,
    I have completed my MBA with 15 years of experience in service industry like housekeeping, security & Private Investigation. I want to start my own investigation agency in Chennai, currently my age is 48, can you please advise me.

    Christopher

  38. hello I am a degree holder (bba) I want to start a business. but I don’t have specific plan and finance facility for start a business.

  39. S.Sathesh kumar

    hi sir myself sathesh i am engineering graduate i run a small computer hardware service office i like develop my business
    i started my hardware in 2015
    i didnt know the way of getting loans please help me
    my mail [email protected]
    my number is 7373587373

  40. K K Sathiyamoorthi

    Dear sir,
    I am Sathiyammorthy from Pollachi, i have completed MBA(Fin & Marketing)degree. Now i am doing a Coconut business for the past tow years. Now i want to manufacture coir yarn business. so please send me the procedure to get the Loan and contact person.

  41. we have manufacturing unit we need loan for working bcapital 10 lakhs
    kindly guide me.

  42. sir I am jaya I am completed b.tech I want to start small business please give me your suggestion sir

  43. HI Sir this is Arunkumar from Dindigul i want to start a business in my native regarding service section kindly provide the guide lines .

  44. Hellow Sir!
    i am nadiammal B.sc., graduate i want to start a business . i am expecting loan from bank and private sectors . today i read it , can you help me sir… email [email protected] contact 9787545850

  45. Sir I want to start new business how can I get loan sir

  46. sir i am coimbatore i want to start an own chappal and bag shop i want 5lakh please give procedure to get an government loan

  47. good aftrenoon sir, i am from sulur pappampatty pirivu. qualifacation Hsc PGDCA.DTP. Now i am working at a travels company date of birth 8/7/1976. Sir i would like to Start a Garment Business showroom. i have no finance for that. So i would like to business loan from Government. PLs give details sir. I hope u accept my application.

  48. Hi sir I am Umashankar .diploma automobile engineering and B.E mechanical.
    Start new business please help me sir.

  49. Sir’ i want to start new bussiness Pls help for that i am a degree holder

  50. hi sir my name is iyyam permal i am hotel management i need to start a bisnuss. how to i get a loan

  51. hi i am finished diplomo in hotel manegment. i want to start a business pls help me

  52. hello sar i am from villupuram i want business lone pls help me i have small electronics shop i want just 2 lack only pls help sar

  53. Pls help me my family middle class I started own business pls help me

  54. i am want to start by new bussiness pls help me & ideas

  55. hello sir I’m Tarzan…I did my bca degree at st.Joseph’s college,trichy,I would like to start super market,so pls help me

  56. I am prakash i start up new small business. i want 5 to 8 Lak loan amount for developed to my new business. so i need government scheme loan. kindly help me.

    my mail ide:[email protected]
    my number:8344469469

  57. Sir i just started my new business but doing on very low capital. I am b.com graduate. Please help me to get this loan so that i can appoint some persons n buy machines.

  58. Hello Sir ,
    I am Priya. I completed B.Tech IT and I had knowledge in Non voice BPO line. I would like to start my own business(non voice process) in my native itself. So could you please help me to get a loan in salem.

  59. Sir’ i want to start bussiness photo studio Pls help

  60. Your comment is awaiting moderation.
    Sir’ i want to start bussiness photo studio Pls help pls call me 9600155003

  61. Dear Sir,

    This is kalaiyarasi, my husband wants to start a small hotel in chennai, kindly guide me to get the loan mentioned above.

  62. Dear Sir,
    My name is nithya I’m completed B.E(CSE) Could u give any Idea for start new bussiness and how to I get loan from government bank.

  63. Hi ,

    I am imran basha ,
    Working at Banglore at private company ,
    My native is tamil nadu,
    I m planning to start new business in tamil nadu , Kindly help me on this

  64. Hello sir
    This is Sabarish from Coimbatore I would like to start new business how can I get this loan and when can I get this loan pls rply for me
    Thank u sir

  65. I would like to start gold covering shop up to how much I can to get loan amount pls rply me sir

  66. Dear sir, I am Mohammed form anthiyur I am footwear business running here I want loan 6 lakhs please help me

  67. Sir I am karthik I want to cow business start pls help me. I am degree holder.

  68. Sir I am karthik I want to new business start pls help me. I am degree holder.

  69. Respected sir ,
    I’m Bharani Raja , I like to start a own business . So, I need a government loan . Please help me . I’m from Erode district .

  70. sir I’m lakshmi.R from neyveli…I have completed till 8th in school and 10 in private..I’m house wife..I wish to start a xerox shop…can I get the subsidy loan..I belong to sc community…I don’t have any financial status sir..please help me

  71. Hi sir I am like to start my own business like mobile shop sales and service and also computer centre I need loan for that.if it possible meanse plese help me

  72. Sir I run a hotel I want to loan for my business development. Pls arrange loan.

  73. hi sir
    i am Thirumani from karur . i am plan to start new business. so please send me the procedure to get the Loan .

  74. Sir, I’m manju I have completed M.sc maths I want to start export business pls help me si

  75. I want loan to start my own play school

  76. Sir I am stared dairy business I am completed bebe pls help

  77. Hello sir i am start to new business in weighing system & service. I am finishing BBA 2014, 8526038843. [email protected]

  78. hi sir i am saranya i want to start my own bussiness pls help me and provide for loan

  79. Vanakam na oru naduthara kudumbam tholil arambika loan tharuvirkala???

  80. Hellow sir,i.am Parthiban and i am completed ba.b.ed, i want to start a new buisness how to i get a goverment loan pls help me.

  81. sir I am completed engineering I want start new business please give me a suggestion sir

  82. Dear sir, I am experienced for a food and allied products in two years I am decide to startup a own juice shop and snack we need a financial support to develop kindly guide to get a Govt loan. help us Thank you. shanmugavel .s

  83. Dear sir I am trichy I am new busines start please support ideas in loan

  84. Pls lone sir

  85. Sir, Im already doing business of Miniature and Architecture Building Models. Can i get loan?
    Please see my business page
    https://www.facebook.com/mahaenterprises/

  86. Dear Sir

    Helow sir,i.am Gopi and i am completed BBA i want to start a new business how to i get a goverment loan pls help me.

    Regards,
    Gopi

  87. Hello sir,I am ganesh kumar B.sc ,I want a start up buissness loan pls help me….

  88. sir,i am prabhakaran i am study at Bsc,i want to loan for my own buiseness, please help me sir
    thank you sir

  89. dear sir my new small business fast boot started 2, 3 lak loan amount for government scheme loan kindly help me sir thanks condect:9677738132

  90. Hello sir,
    I am a post graduate and currently doing a driver job. Please help me to get vehicle loans to start my own business.

  91. Hi sir iam arthi I worked as a kindergarten teacher for 11yrs but I cannot take care of my son now iam not working and my husband not having job if it is a business we can takecare of our children also financially it will support for us pls guide us if u give training come loan it will b easy for us kindly guide 36+age for both u like to do business my mail I’d

  92. Sar I am starting The new business so halp me

  93. Hai sir,

    My self Raguprasad from chennai.am doing now software development company.our development work is retails,manufacturing,ERP and accounts.we have more then 25 clients past two years.i need business loan to improve our Business.so,please help and assist with us.

    Thanks and Regards,
    Raguprasad.S
    Business Development.

  94. Sir

    My name is Kannan I want start the any business in my native place, also have a agriculture land and studied diploma mechanical give me some idea.

    Thanks and regards
    Kannadasan

  95. Want to start retail store… Guide me through

  96. Sir iam car driver am intrest to drive own taxi vehicle,,,, I have the initial amount .but, I need no own house so loan as not sanction,, so please grant to accept my requset

  97. Dear sir I am chennai I am new busines start please support ideas in loan

  98. Dear sir,
    I am elangovan,
    I am already training for msme VAPS from madurai, i want to bank loan for service catagiry, pls considaration and help me,

  99. Sir i am kathir from tiruppur. May i know the procedures to apply this loan. And the bank officers askind the security documents. Please guide me. Thanking you.

  100. Respected sir i interest. To start a new business so give me idea I finished MBA hr

  101. Sir. I am prathap. S. I am studied in (BBA ) with in first class …i am always running on owne business in BRICKS .Increase business level .i want to business loan plz support and help me sir. ……

  102. Dear sir I am arulkumar from trichy I am new business start please support idea how to get loan

  103. Hi si,l am kulandaivel.pudukkottai(Dt).I want to start new business. I am diploma holder.i am interested for garments.pls help me sir.9677507776.

  104. Dear sir I am sunmoorthy from vellore I am intrrsted new business start please support idea how to get loan procedure thank you.

  105. sir I want To Start Business IN DINDIGUL.
    I AM BCA DEGREE HOLDER AND HAVING EXPERIENCE IN BUSINESS…

  106. Dear Sir,

    Greetings!!!

    I am 39 years old and working in private company,, now i want to start a own business by starting a mobile phone service centre with advanced equipments in coimbatore with the help of govt loan. Is it possible to get a loan.

  107. Hi, sir I’m PD and I’m a SC then I have started to pourl farm business.So please I have a govt subsidy plz guide meee…
    Thank you,

  108. Dear sir I am Raju gandhi from chennai I am photo studio10 years start export business pls help me siget loan

  109. respected sir, i am raja from rajapalayam.i have completed degree, thus i want start a small business. so i need a loan from yours,how do can i get loan please help and reply me as soon as possible…

  110. Hi Sir,

    My self sureshkumar, I would like to start a business like recharge shop, I needed your to start my business, kindly assist me for this.

    Regards,
    Sureshkumar.K
    7299914692
    [email protected]

  111. Dear sir i am thangaraj from Salem. I am wood work started 4 years very export business I am help with you government loan of 5laks

  112. Dear sir I am thangaraj from Salem .I am wood work started 4 years very export business I am help with you government loan of 5laks

    Regards
    Thangaraj .m
    8940060056
    [email protected]

  113. Dear sir I am thangaraj from Salem I am wood work started 4 years help with you government loan 5 lakes

    details
    thangaraj
    8940060056
    [email protected]

  114. Sir I am kavitha I want Loan for start a form pls help me

  115. sir i am sridhar i am completed in b,sc.coutume designing and fashion i work from designer in tirupur.i am poor famly started from small boutique shop so help me sir

  116. Sir , I’ll star my own manufacturing company so plss help me to star. My dream come ture help me ..my age21 I need loan help me

  117. sabarish kumanan

    Sir am sabarish presently am running an event mangement compang and am willing to establish my company and looking for loan please help me

  118. Hello Sir/Madam

    IM Already Doing business For Dress Sales Going Successfuly
    Now im open A New showroom im going to next level For My business So Please guide me. Thanking you.

    Regards,
    9600646517

  119. Sri murugan traders prop s.elangovan

    I am business continue for help me

  120. Sri murugan traders prop s.elangovan

    Own business start

  121. respected sir / mam ,

    i am siva , presently am running xerox shop i want to expand my shop i have to purchase

    some machinary so i want loan pls help

  122. Hello sir
    Vanakkam sir Iam B com(CA) completed.please loan forge eligibility . Please loan help me sir

  123. s thirunavukkarasu

    dear sir i am thirunavukkarasu from karaikudi i am new business start please support idea how get loan

  124. sir please helpme

  125. Hello sir, iam vinoth, i am a BE degree holder, i want to start a sport shop. My project amount is 5 lakhs sir, what will i do for get a loan sir, plz give me a information.

  126. sir i need a loan. im a tailor and also im a degree holder. i want to be a owner of my own tailoring unit. plz help me sir

  127. I would like to start small scale business. But the machine costs upto 4 Lakhs.
    I could not have that much. Please guide me to get magalir loan.

  128. Sir’ i want to start new bussiness Pls help for that i am a DEGEER holder

    • Hello S.Magesh Kumar,

      We The Indian Iris provide information and awareness regarding government schemes and policies and services in solar sector . Regard to your query you can visit your nearest bank and apply for loan under ” MUDRA Yojana”, you can avail loan upto Rs.10 Lakh if you are starting any business, or need loan for business development for any equipments.
      Read this : http://theindianiris.com/avail-loan-upto-rs-10-lakh-from-mudra-yojana/

  129. Sir this is kuppan I completed mobile service engendering in SRM ifotech I have a good knowlege of mobile service so i am planning to start a mobile service shop in my native Tindivanam (Tamil nadu). If any possibilitys to get a loan frrom you. Help me to grow up.

    • Hello KUPPAN M ,
      Good to know that you are planning to promote you mobile service business.
      We The Indian Iris provide information and awareness regarding government schemes and policies and services in solar sector . Regard to your query you can visit your nearest bank and apply for loan under ” MUDRA Yojana”, you can avail loan upto Rs.10 Lakh if you are starting any business, or need loan for business development for any equipments.
      Read this : http://theindianiris.com/avail-loan-upto-rs-10-lakh-from-mudra-yojana/

  130. Sir/Madam ,
    I am Ramesh From Chennai Work At Private limited , Help Me For Any Small Business Please , i competed U.G and ITI .

    Thanks
    Ramesh

  131. Sir/Madam ,
    I am Ramesh From Chennai Work At Private limited , Help Me For Any Small Business Please , i competed U.G and ITI .

    Thanks
    Ramesh

  132. Dear Sir This is Silambarasan i Did finished Diploma in computer science. i will Planing to start new business (Computer Service and Browsing Center).i am in near Thiruvallur how to i apply please help me sir.

  133. Dear Sir/Mam,
    am Silambarasan from thiruvallur at Tamil Nadu . i did finished Diploma in computer science. now am trying to do business(Computer Cafe and service). So i need money how to get loan.pleae kindly help me.
    this is my no 9003231230.
    my e mail id : [email protected]

  134. S.MOHAMED RAFIQ

    Iam mohamed rafiq from erode. I want 5 lakhs to join an aided school..my qualification..M.A..B.Ed…i will return very soon….help me…anyway.my number 9976144884

  135. Plz loan iam own business in service centre Two wheeler

  136. Sir i wanted to start my own business I’m from Tamilnbadu , Please help me

  137. Ranjith Singh. S

    Hello Sir,

    This is Ranjith Singh from Chennai, I’m Planning to start a Integrated Organic Farming in and around Chennai, I have a good ideas to develop the business & it’s my life time dreams also

    But currently I don’t have any source to start a business right now, is it possible to get the Loan for Integrated Organic Farming. Please kindly can you assist me…

    Waiting for your positive response…. Thanks…

    Regard’s
    Ranjith Singh. S

  138. Iam furnitur maker so I want lone

  139. Sir’i am udhayasankarb i want to start new bussiness Pls help for that i am a diploma holder
    my mail id [email protected]

  140. Sir, i m arunachalam.i m completed in BE mechanical engineering. I like to start in maattuppannai in my native place.and start in former work also.so ,i want to loan . Start my bussines.

  141. Sir, i m arunachalam.i m completed in BE mechanical engineering. I like to start in maattuppannai in my native place.and start in former work also.so ,i want to loan . Start my bussines. I m in trichy

  142. Sir I am udhayasankar.a from namakkal DT rasipuram TK Sir I wanted to start my own business my business project amount is 3 lakhs sir what will I do for get a loan Sir, plz give me a information my mail ID: [email protected] my mobile no : 9629751533 my business name: marriage visual effects

  143. Hello sir,

    This is sagayaraj from chennai. i have the experiance in doing business, now i cant able to do the business, because i dont have any money with me. i have the knowledge in printing and designing. so, planned to get
    printing machine (color) and computer, that cost is more than 2 lakhs. so i need loan.
    please arrange loan.
    My phone no : 9003158940
    place : chennai – 43.
    i will put innitial amount 50K.
    Business : Printers and designers

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