Loans
Government loan schemes, and a faster way to borrow
India runs several loan schemes for small businesses, artisans, students and home buyers. Find the right one below — or, if you need money now, check your Bachatt Insta Loan offer.
Bachatt Insta Loans
- Up to ₹5 lakh
- No paperwork
- Quick disbursal
- Foreclose anytime
- Personal & business loans
- RBI-regulated lending partners
Loans are offered by our partner banks and NBFCs, subject to their eligibility criteria and terms.
Government loan schemes
Official schemes from the Government of India. Tap a scheme for eligibility, benefits and how to apply.
Pradhan Mantri Mudra Yojana (PMMY)
Small businesses
Collateral-free loans for non-farm micro and small businesses in four tiers — Shishu, Kishore, Tarun and Tarun Plus — up to ₹20 lakh.
Eligibility, benefits & how to applyStand-Up India
SC/ST & women entrepreneurs
Bank loans from ₹10 lakh to ₹1 crore to set up a new (greenfield) enterprise in manufacturing, services, trading or allied agriculture.
Eligibility, benefits & how to applyPM Employment Generation Programme (PMEGP)
New micro enterprises
Credit-linked subsidy of 15–35% of the project cost to start a new manufacturing or service unit, run by KVIC.
Eligibility, benefits & how to applyPM Vishwakarma
Artisans & craftspeople
Collateral-free loans up to ₹3 lakh in two tranches at a concessional 5% interest, plus skill training and a toolkit incentive.
Eligibility, benefits & how to applyPM SVANidhi
Street vendors
Small working-capital loans for street vendors, with higher limits on timely repayment and cashback on digital transactions.
Eligibility, benefits & how to applyCredit Guarantee Fund Trust for MSEs (CGTMSE)
Micro & small enterprises
Government-backed guarantee that lets banks and NBFCs lend to micro and small enterprises without collateral or a third-party guarantee.
Eligibility, benefits & how to applyPM Vidyalaxmi
Students
Collateral-free, guarantor-free education loans for students admitted to top-ranked institutions, with interest subvention for eligible families.
Eligibility, benefits & how to applyPradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U)
First-time home buyers
Interest subsidy on home loans for eligible urban families from economically weaker sections, low and middle income groups.
Eligibility, benefits & how to applyScheme limits and eligibility change from time to time. Always check the official portal before you apply.
Our lending partners
Insta Loans on Bachatt are offered by these regulated entities.
Experian
Registered as
Experian Credit Information Company of India Pvt Ltd
Type of Product
Credit Reports, Credit Scores, Credit Monitoring
L&T Finance
Registered as
L&T Finance Limited
Type of Product
Personal Loan
Prefr
Type of Product
Personal Loan
Moneyview
Type of Product
Personal Loan
Western Capital
Type of Product
Unsecured Business Loans
Kissht
Registered as
Si Creva Capital Services Private Limited
Type of Product
Personal Loan
FatakPay
Registered as
FDPL Finance Private Limited
Gromo
Moneyboxx
Frequently asked questions
How do I apply for a government loan scheme?+
Most schemes are applied for through a bank, NBFC or the scheme’s official portal. Use the links above to check eligibility and the documents you need on the official site.
Does Bachatt give government scheme loans?+
No. Bachatt does not process government scheme applications. Bachatt Insta Loans are personal and business loans offered by our RBI-regulated partner banks and NBFCs.
What is a Bachatt Insta Loan?+
An Insta Loan is a personal or business loan up to ₹5 lakh from Bachatt’s lending partners. You can check pre-approved offers in the Bachatt app, with no paperwork and quick disbursal.
Can I foreclose an Insta Loan early?+
Yes. Insta Loans can be foreclosed anytime. Check the loan agreement from your lender for its terms.
Bachatt is not affiliated with the government schemes listed on this page; scheme names belong to the Government of India and its agencies. Bachatt Insta Loans are offered by RBI-regulated partner banks and NBFCs and are subject to their eligibility criteria, interest rates and terms.