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Paisa Portal: Deendayal Antodaya Yojana (DAY-NULM) 2021 Details: Recently, a new portal has launched by the Housing and Urban Affairs of India for providing various incentives among the mass people of entire India. This portal will help the people in different aspects accordingly. The portal has launched directly by the Indian Central Government of India. The name of this special portal is Paisa Portal, which is actually launched for the people who are connected with the Deendayal Antodaya Yojana (DAY-NULM).
This portal is mainly known for the affordable credit and interest Subvention access. Everyone will easily get the benefit of this portal by visiting the official portal via smart devices. The main objective of the Paisa Portal-Deendayal Antodaya Yojana 2021 is to provide and give easy and rapid approval of loans. Actually, the DAY-NULM is a central government scheme by the central government which will provide Subsidies on the minimum interest rate from the bank at the rate of 5% to 7%. Mainly, the Government of India is trying to coordinate with the beneficiary people directly with the help of this special Paisa Portal.
In this article, we will discuss the Deendayal Antodaya Yojana Portal (DAY-NULM Portal)
What You will Get in This Article?
About Paisa Portal
The Paisa Portal is a central government portal that provides different types of help to the mass people regarding the Deendayal Antodaya Yojana (DAY-NULM). Actually, to provide online and digital help about this Antodaya Scheme, the officials provide and implement this portal. This portal will provide the people different help accordingly. All the beneficiaries of the Deedayal Upadhyay Antodaya Scheme
The main objective of the Paisa Portal-Deendayal Antodaya Yojana is to provide easy and rapid approval of loans. Actually, the DAY-NULM is a central government scheme by the Indian government which will provide Subsidy on minimum interest rate from the bank at the rate of 5% to 7%. Mainly, the Government of India is trying to coordinate with the beneficiary people directly with the help of this special Paisa Portal.
This portal will provide the loans to the people at the rate of 5% to 7% on the bank up to Rupees 02 Lakh to each Micro Enterprises and about Rupees 10 Lakh to the Group Enterprises. All the RRB and Cooperative Banks and Scheduled Commercial Banks are participating under this Deendayal Antodaya Yojana 2021 for the PaisaPortal. Allahabad Bank will be nodal of the Portal Paisa Platform.
Details of Paisa Portal for Deendayal Antodaya Yojana
| Name of the Scheme | Deendayal Antodaya Yojana |
| Article is About | Paisa Portal |
| Launched By | Allahabad Bank of India |
| Scheme Category | Central Government Scheme |
| Launched Date | 19th November 2018 |
| Ministry | Ministry of Housing and Urban Affairs |
| Beneficiaries | People of India |
| Benefit | Digital Platform |
| Mode of Application | Online |
| Application Status | Available Soon |
| Official Website | https://nulm.gov.in/ |
Also Read: Ensure Portal 2021
Benefits of Paisa Portal
There are many benefits of this scheme, but the main benefits of this portal are as follows:
- Under this portal the government officials will provides loans at the interest rate of 5% to 7% to the Micro Enterprises up to Rs. 02 Lakh and to the Group Enterprises up to 10 Lakh Rupees.
- As the financial assistance, Rupees 10,000 will be given for each group. And Rs. 50,000 will be given as an assistance to the Registered Area Level Federations.
- It will provide better transparency between the beneficiary and government.
- It will improving the online services.
- Provide early approval of loans.
- Provide easy access to get loans online.
- Provide a digital platform.
Important Dates
| Event | Date |
| Application Process Submission Starts | From the Month of December (Tentative) |
| Last Date of Application Submission | Announced Soon |
Eligibility Criteria
Before going to apply for this scheme online you must have to look at the important eligibility criteria:
- Applicant must be an Indian.
- They must have legal document.
- You shouldn’t be a loan Defaulter in Past
Document Required
All the applicants must have a look at the Important Documents List of this portal. They are:
- Aadhar Card
- Identity proof
- Residential Proof
- PAN Card
- Address Proof
- Security Documents for the Loan Approval
- Income Certificate
- Bank Account Details
- Valid Mobile Number
About Paisa Portal for DAY – NULM
Interestingly, this portal is a very great initiative. Through the help of this portal for DAY-NULM you will easily get the loans from the banks and able to start your Micro Small and Medium Project by the approved loans as well as government provide the subsidy on the interests on these loans. The government will provide subsidy about 5% to 7% according to your loan amount. As this a complete digital platform so that this portal will provide a fast route to provide the fast services accordingly.
This portal will be live soon. So, the officials are now busy making this portal perfect. This portal will provide and trying to build self-employment and skilled wage employment opportunities. This will really lead to a great initiative to help the youths who are wanted to start their own business and waiting for some help. So, this help will help them accurately.
Register Under Paisa Portal of Deendayal Antodaya Yojana
If you are regularly searching for the Paisa Portal Registration then here we will provide all the information regarding this portal. The registration and application process is likely to start at the end of this year. Here, we will provide all the important aspects after the official update and official notification. This portal will provide an online platform to provide different types of help to people. Till the time the officials did not provide any single information regarding the Registration Procedure. So, do connect with us regularly to get the information accurately and timely.
Helpline Number/ Contact Number
The toll-free Helpdesk Number of this portal will be updated soon.
Frequently Asked Questions (FAQs)
What is Paisa Portal?
This is a digital portal launched by the central government of India.
Who is the objective of this portal?
The main objective of this portal is to provide subsidies to the loans.
If you have any queries regarding this portal, then do ask us by commenting on the comment section below.
