Small Industries Development Bank of India (SIDBI) aims to provide financial assistance and stability to start-ups via its scheme viz. Covid-19 Startup Assistance Scheme (‘CSAS’).
About the Scheme
The objective of the Scheme is to provide quick working capital in the next 45 to 60 days to the Start-ups. The Scheme will be launched all throughout the country, for Government defined Start-ups, based on the eligibility criteria detailed in the Scheme.
Duration of the Loan
Upto 36 months including maximum moratorium period of 12 months. Loan to be repaid in max 24 installments.
INR 2 Crores per Start-up
Please refer to the Self-Assessment Tool to check for the Startup’s eligibility to apply under the scheme.