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POSTED BY ON October 3, 2013 5:24 pm COMMENTS (10)
Helloo Sir………. Manish Ji
Sir I Want To Know About Can A Person Below 18 years Of Age<minor> can take loan for business under cgtsme scheme of (Ministry of micro small and medium enterprises…If Not Than What Is The Procedure For Obtaining Loan Under cgtsme scheme……
Seeking Ur Valuable Guidance
Abhishek
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regards
abhishek talwar
ookk thnxxx ashal
Dear Talwara, please do not jump the gun and contact your nearest SBI branch for more details on the same.
Thanks
Ashal
ookk thnxxx sir……so my sister is 22 yrs means i can take loan in her name..and begin my business
regards
abhishek talwar
Dear Talwara, from the link it’s not clear regarding age. What I interpret is – earlier there may be an upper age limit which now has been withdrawn. Still if you want to check it, please contact your nearest SBI branch. As far as I know, a minor is not allowed to enter in any agreement. For the given query, the loan agreement ‘ll be signed between bank and the borrower and thus the borrower being a minor ‘ll not be allowed to sign.
Thanks
Ashal
check out the last page of this pdf and last paragraph…and kindly guide me
http://sbioak.org/PROMOTION%20TEST%20MATERIALS/PROMOTIONS_NEW/PEP%20UP%20SERIES%203.pdf
sir link is here
Dear Talwara, please post the links of thise Posts. We w’d like to check it on our own.
thanks
Ashal
Helloo Sir….But In Some Post On Internet I heard That there is no age limit in cgtsme scheme….
Dear Talwara, if you can arrange an Adult who can avail loan in place of you, it’s possible else not.
thanks
Ashal