Question

What is the moratorium period for the Seed Fund Scheme?

• A. 6 months
• B. 12 months
• C. 24 months
• D. 36 months

Answer 1

Answer:

B. 12 months

Benefits of Scheme

• Seed Fund of Rs.15 Lakhs at a subsidised interest rate of 6% per annum.

• Moratorium 12 months

• Repayment in 24 EMIs for loans up to Rs.5 Lakhs and 36 EMIs for loans above Rs.5 Lakhs