Government Launches Startup Common Application On Jan Samarth Portal For Loans Up To Rs 20 Crore
India launches single-window loan platform for startups.
The Department of Financial Services (DFS) on Wednesday launched the Startup Common Application on the Jan Samarth Portal, enabling startups to access loans of up to Rs 20 crore across all public sector banks. The platform, integrated with the Department for Promotion of Industry and Internal Trade (DPIIT), aims to streamline credit access, promote innovation, and strengthen the country’s startup ecosystem through faster and more transparent financing.
According to the official release, the new application system provides a single digital window for applying for credit facilities covered under the Credit Guarantee Scheme for Startups (CGSS). It supports both fund-based and non-fund-based credit, such as term loans, working capital facilities, and forex hedging instruments. The platform’s digital interface integrates with Permanent Account Number (PAN), Goods and Services Tax (GST), and Income Tax Return (ITR) databases to ensure efficient documentation and speedy loan processing.
The platform also introduces special concessions for women entrepreneurs, reinforcing the government’s broader focus on inclusive economic growth and gender representation in the startup ecosystem. The initiative was launched by M. Nagaraju, Secretary of DFS, and developed jointly by the Indian Banks’ Association (IBA) and PSB Alliance Pvt. Ltd., under the supervision of the Department of Financial Services.
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Under the scheme, eligible startups must be entities recognized by the DPIIT and compliant with prescribed government guidelines. This includes private limited companies, registered partnerships, and limited liability partnerships (LLPs) that are less than ten years old and have an annual turnover not exceeding Rs 100 crore. Entities formed through business restructuring, Hindu Undivided Families (HUFs), and startups classified as non-performing assets (NPAs) will not be eligible.
Designed to facilitate innovation and employment generation, the initiative supports startups engaged in product or process development, technology innovation, and scalable business models capable of driving socio-economic growth. Officials said the scheme will serve as a key enabler for India’s entrepreneurial ecosystem by ensuring faster loan disbursal, improving credit transparency, and simplifying access to government-backed financial support.
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