The so-called interest-free business loan is a loan product launched by the state to help unemployed people and returning migrant workers start their own businesses. So what are the conditions for applying for an interest-free loan for starting a business? How much is the amount of an interest-free loan for starting a business?

Conditions for an interest-free loan for starting a business

1. The applicant has full capacity for civil conduct, and Be under 50 years old;

2. The applicant holds an industrial and commercial business license, tax registration certificate and related business license issued by the industrial and commercial administration authority;

3. The applicant needs The credit status is good, there is no bad credit or debt record, and the person can provide collateral and pledges recognized by the bank;

4. Have a fixed residence and business premises where the loan institution is applying;

5. The applicant must open a settlement account with the lending bank and handle daily settlement through the bank account;

6. Other conditions stipulated by the bank.

Interest-free loan limit for starting a business

Generally, the interest-free loan limit for starting a business is between RMB 50,000 and RMB 100,000. Women can apply for a maximum of RMB 80,000. Usually the bank will process it within 16 working days. Loan disbursement completed within 12 days.

This concludes the introduction of interest-free loans for starting a business. If you have a business idea but lack financial support, you can consider applying.