The State Government of Maharashtra has come up with a unique initiative, Annasaheb Patil Economic Backwards Development Corporation (APEDC) to provide financial assistance to economically backwards especially the Maratha community. It is very important that everyone should be aware of “Annasaheb patil loan scheme” it’s Eligibility requirements, documents, last date of application submission, type of schemes, etc.
Annasaheb Patil’s loan scheme helps educated unemployed youth in Maharashtra to get capital for self-employment. The primary objective of this scheme, to create employment and empower individuals financially. This is an ambitious initiative launched by the Maharashtra state government aimed at empowering economically backwards communities. The scheme is designed to address the challenge of unemployment and financial instability phase by many educated yet jobless youth in the state.
Under this scheme eligible applicants will get financial assistance in terms of loan and interest subsidies. With the help of provided help enables individual to start their own business pursue self employment and contribute to growth of the state.
Annasaheb Patil Loan Scheme 2025
महाराष्ट्र सरकारने आर्थिकदृष्ट्या मागासवर्गीय नागरिकांना विशेषतः मराठा समाजातील सुशिक्षित बेरोजगार तरुणांना आत्मनिर्भर बनवण्यासाठी अण्णासाहेब पाटील आर्थिक मागास विकास महामंडळ (APEDC) ची स्थापना केली आहे. या महामंडळाच्या माध्यमातून अण्णासाहेब पाटील कर्ज योजना राबवली जाते, ज्याचा उद्देश म्हणजे युवकांना स्वयंरोजगारासाठी भांडवलाची मदत करून त्यांना रोजगाराच्या संधी निर्माण करून देणे. या योजनेद्वारे राज्यात रोजगार निर्मिती, आर्थिक सबलीकरण आणि सामाजिक समावेश घडवण्याचा सरकारचा महत्त्वाकांक्षी प्रयत्न आहे.
This scheme is named after the leader Annasaheb Patil, who dedicated his life to the upliftment of the backwards classes. This scheme offers a lifeline who are invisible and might otherwise find a difficult to access traditional banking loans due to socio-economic status or lack of financial history.
This initiative does not focus on providing furniture support but fosters the culture and entrepreneurship. This scheme is also helpful to reduce dependency on government jobs, encourages innovation, and promotes the development of local businesses. It creates employment opportunities for others, thus contributing to the overall economic development of Maharashtra.
Get Easy Loans in 2025 Under Annasaheb Patil Scheme
With the help of this scheme, Maharashtra government aims to create sustainable economic model we are individuals specially from backward communities are not only able to secure their livelihood but also thrive as contributor to the economy. In this blog you will get all the information about this government scheme and who can apply documents.
Overview:
| Aspect | Details |
|---|---|
| Scheme Name | Annasaheb Patil Loan Scheme |
| Target Beneficiaries | Economically backward individuals, especially Marathas |
| Objective | Empower through self-employment and financial aid |
| Loan Types | 1. Individual Loan (IR-I) |
| 2. Group Loan (IR-II) | |
| 3. Group Project Loan (GL-I) | |
| Loan Amount | ₹10 lakh to ₹50 lakh |
| Loan Tenure | 5 years |
| Eligibility | Maharashtra resident, age ≤ 50 (men), ≤ 55 (women), income < ₹8 lakh |
| Required Docs | Aadhar, PAN card, income proof, business registration |
| Application Process | Register on Mahaswayam, submit online application |
| Impact | ₹7,330 crore disbursed, 92,144 beneficiaries |
Types of Schemes and Their Benefits
There are following offers are available:
Individual Loan Interest Reimbursement Scheme (IR-I)
- Loan Amount: ₹10 lakh to ₹50 lakh
- Loan Tenure: 5 years
- Interest Reimbursement: Up to ₹3 lakh, with an annual interest rate of 12%
- Purpose: To provide capital for self-employment ventures.
Group Loan Interest Reimbursement Scheme (IR-II)
- Eligible Beneficiaries: Self-employed groups, cooperative societies, companies, LLPs, FPOs, etc.
- Loan Amount: Based on the project requirements of the group
- Interest Reimbursement: Interest-free, for up to 5 years
- Purpose: To facilitate employment generation through group efforts.
Group Project Loan Scheme (GL-I)
- Loan Amount: 90% of the project cost, with a maximum of ₹10 lakh
- Group Responsibility: The group must contribute 10% of the project amount
- Purpose: To assist groups in implementing specific projects that generate employment.
Loan Amount Details
| Aspect | Details |
|---|---|
| Scheme Name | Annasaheb Patil Loan Scheme |
| Target Beneficiaries | Economically backward individuals, especially Marathas |
| Objective | Empower through self-employment and financial aid |
| Loan Types | 1. Individual Loan (IR-I) |
| 2. Group Loan (IR-II) | |
| 3. Group Project Loan (GL-I) | |
| Loan Amount | Individual Loan: ₹10 lakh to ₹50 lakh |
| Group Loan: Based on project requirements | |
| Group Project Loan: ₹10 lakh (maximum) | |
| Loan Tenure | 5 years |
| Eligibility | Maharashtra resident, age ≤ 50 (men), ≤ 55 (women), income < ₹8 lakh |
| Required Docs | Aadhar, PAN card, income proof, business registration |
| Application Process | Register on Mahaswayam, submit online application |
| Impact | ₹7,330 crore disbursed, 92,144 beneficiaries |
Eligibility Criteria
There are some eligibility requirements that you need to fulfill such as:
- First of all candidate must be permanent resident.
- Age limit of the applicant maximum 50 years and for women maximum 55 years.
- The annual income of the family should not exceed 8 lakh rupees.
- Bank account of applicant should be aadhar card.
- Candidate must not be availing benefits of any other scheme.
Required Documents
They are some documents that required such as:
- Aadhar card of applicant
- Address proof
- Ration card
- Income proof
- Business registration certificate
- Bank account details
- Mobile number
- Project report
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Application Process for Annasaheb Patil Loan Scheme 2025:
The following step by step process is helpful you to submit your application form:
- First of all candidate needs to visit the official website.
- On the home page you need to select register option.
- Fill out the application form and upload necessary documents.
- You need to check all eligibility requirements.
- Agree to the term and conditions.
- In application form provide all the required details.
- Submit the LOI along with project details to the relevant bank for loan approval.
- Once your loan is approved you will receive interest reimbursement and incentives.
Impact of the Scheme:
This scheme has successfully provided self-employment opportunities to more than 92,144 beneficiaries with a loan distribution of ₹7,330 crore. This is game has particularly benefited unemployed youth from the Maharashtra and Vidarbha regions, helping them build their own businesses.
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Annasaheb Patil Loan Scheme Bank List
| Bank Name | Type | Location/Remarks |
|---|---|---|
| Bank of Maharashtra | Public Sector Bank | Statewide |
| State Bank of India (SBI) | Public Sector Bank | Statewide |
| Yes Bank | Private Sector Bank | Mumbai, Navi Mumbai |
| Kolhapur District Central Co-operative Bank Ltd. | District Central Co-op Bank | Kolhapur District |
| Shree Warana Sahakari Bank Ltd. | Co-operative Bank | Kolhapur |
| Annasaheb Patil Urban Co-operative Bank Ltd. | Co-operative Bank | Maharashtra |
| Lokmangal Co-operative Bank Ltd. | Co-operative Bank | Solapur |
| Janata Sahakari Bank Ltd. | Co-operative Bank | Amravati, Gondia |
| Sharad Sahakari Bank Ltd. | Co-operative Bank | Pune |
| Shree Laxmi Co-operative Bank Ltd. | Co-operative Bank | Pune |
FAQs
What is the Annasaheb Patil Loan Scheme?
This scheme helps young people in Maharashtra get loans to start their own business or become self-employed.
Who can apply for this scheme?
Any unemployed youth from Maharashtra, especially from the Maratha community
Is there any age limit?
Yes, applicants should usually be between 18 to 45 years old.
What is the loan amount under this scheme?
You can get a loan up to ₹10 lakh or more, depending on the project.
Conclusion:
Annasaheb patil loan scheme is a great initiative by Maharashtra government, to provide benefits to economically backward communities in becoming self sufficient and employable.
