Chief Minister's Micro Finance Initiative

The scheme aims to promote access to credit for economic activities undertaken by individual farmers, entrepreneurs, Self-Help Groups (SHGs), and Farmer Producer Organizations (FPOs) in the state of Nagaland.

Nagaland | loan | business

Benefits

Bank finance up to 60% of project cost, 30% government subsidy, 4% additional interest subvention on KCC loans, collateral-free loans up to 10 lakh, 6-month moratorium period

Eligible categories: General

View Nagaland youth opportunity scorecard

Find more government schemes for youth

Scheme details may change over time. Please verify eligibility and benefits on official government websites. For help applying, visit your nearest Common Service Centre (CSC) or contact your elected representative.