The Rajasthan Financial Corporation will organize a special Industrial Camp on Monday, June 23, at its Jaipur Central Branch Office (C-96, Jagan Path, Chomu House, C-Scheme) from 10:00 AM to 5:30 PM.
Key Highlights:
Open to youth under 45 years with Senior Secondary, Graduate, Diploma, or Technical degrees.
Under the Youth Entrepreneurship Promotion Scheme, applicants will receive 6% interest subsidy.
No application or processing fees will be charged.
Loan application documents will be prepared and accepted on the spot during the camp.
New Relaxations & Benefits Announced:
Interest subsidy limit raised from ₹150 lakh to ₹200 lakh.
Repayment period under the ‘Good Borrower Scheme’ extended from 5 to 7 years.
For loans above ₹10 crore, application fee capped at ₹1 lakh.
Processing charges reduced from 0.50% to 0.25%.
In the Flexi Scheme, eligibility reduced from 4 years of operational history to 3 years, and interest rate lowered from 10.75% to 10.25%.
Under the Saral Scheme, loan eligibility on land/building raised from 60% to 70%.
CAs (Chartered Accountants) can be appointed as Business Associates, eligible to receive 50% of the processing fee as incentive.
According to Deputy Manager Mr. Satyawan Singhal, the camp will act as a strong launchpad for young entrepreneurs and self-employment seekers in the state.
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