Following are the documents required for Coir Udyami Yojana:
- Registration of Beneficiaries
- JPEG-formatted photograph
- Duplicate PAN card
- Certificate of MSME Registration
- Community Certificate, if SC/ST
- Certificate of Company Registration (If not individual)
- Coir Udyami Yojana Scheme
- Certificate of training
- Project Report
- Title deed
- Plan & Budget
- Equipment Bill
Following receipt of the application form, the bank has 60 days to notify the beneficiary of the sanction. Following the beneficiary’s deposit of the 5% contribution, the bank approves 95% of the project’s cost. After receiving the sanction letter, you have 30 days to contribute. All Regional Rural Banks and Scheduled Commercial Banks offer this financial support. The interest rate on loans must be equivalent to the base rate. Repayment must be completed within seven years.