"Grant of Margin Money for Availing the Capital Loan" Component of the "Development of Silk" Scheme
✓ Information verified — April 2026This scheme, run under the Development of Silk initiative in Puducherry, provides margin money grants to help entrepreneurs start silk weaving units. The grant reduces the initial financial burden when you take a loan from banks or financial institutions. It is designed to make it easier for people to set up their own silk weaving business in Puducherry.
What You Get
- Margin money grant to reduce your initial capital requirement
- Support in obtaining term loans from banks and financial institutions
- Assistance in securing working capital loans for business operations
- Helps minimize your personal financial investment when starting a silk weaving unit
Who Can Apply
- Age: 18–100 years
- Residence: Puducherry residents only
- Must be a resident of Puducherry
- Should be interested in setting up a silk weaving unit
- Must be able to obtain a loan from a recognized financial institution
- Should meet the basic eligibility criteria set by the financial institution providing the loan
Documents Needed
0/6 collected
- 1. Aadhaar Card
- 2. Residence Certificate
- 3. Bank Account Details
- 4. Educational Qualification Certificate
- 5. Business Plan Document
- 6. Loan Approval Letter
How to Apply
- 1Check your eligibility criteria above
- 2Gather all required documents listed below
- 3Visit the official portal (linked below)
- 4Fill the application form online / offline
- 5Submit the form and note your application reference number
- 6Track status on the official portal or visit nearest CSC
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Quick Facts
- Scheme Level
- Puducherry
- Category
- Employment
- Target Gender
- All genders
- Age Group
- 18–100 years
- Application
- Check portal
- Last Updated
- 26 Apr 2026
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