Recently, the Government of Mizoram State has initiated a Loan Assurance Initiative called Bana Kaih Scheme Mizoram 2025 under which the Government aims to provide Financial, Institutional & Technical Support along with Loan Services to all the citizens of the Mizoram State. Under this scheme, the Government will provide financial aid and Loan support to all the small businessmen and Marginal Farmers across the Mizoram State.
This initiative will boost the economy of the Mizoram state by providing the needy citizens with loan services so they can run their work properly. All those residents of Mizoram State who are marginal farmers or small businessmen or entrepreneurs are eligible under this initiative and can register themselves under this scheme by visiting the Official Website of the initiative.
About Bana Kaih Scheme Mizoram 2025
The Chief Minister of Mizoram, Mr Pu Lalduhoma, has announced this Business Welfare Initiative called Bana Kaih Scheme Mizoram in September 19, 2024, under which the Government of Mizoram aims to provide financial help and Loan facilities to all the small businessmen, entrepreneurs, and marginal farmers across the state. Under this initiative, the Authorities aim to offer Collateral-Free & Interest-Free Bank Loans of up to INR 50 Lakh Rupees along with the Market Support of key crops such as Ginger, Turmeric, & Mizo Chilli, & Broomsticks.
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With the help of this initiative, the Government of Mizoram State will enhance the economic growth and self-sufficiency along with the betterment of the state’s economy especially in the Agricultural and Small Business Sectors in the state. The Government has allocated a financial budget of INR 200 Crore for the implementation of this scheme. Additionally, the Government will provide support to the implementing department so that people from all sectors will get benefits through this initiative.
Purpose of Bana Kaih Scheme Mizoram
- The main purpose behind this initiative is to provide financial, Technical & Institutional Support to all the entrepreneurs, Small businessmen and Farmers so that they can start their own work and generate revenue.
- With the help of this scheme, the Government will improve the economy of the state and self-sufficiency for all the beneficiaries.
- Under this initiative, the Authorities of Mizoram State will provide Collateral and Interest Free Loans of up to INR 50 Lakhs to all the residents of the state.
- Additionally the Government will provide support to the implementing Departments so that citizens from all the sectors can get equal benefits provided under this initiative.
- This initiative will somehow boost the economy of the state, especially in the small business, Entrepreneurship, and Agricultural Sectors.
Short Highlights of Bana Kaih Scheme Mizoram
| Name of the article | Bana Kaih Scheme |
| Launched by | Mizoram State Government |
| Year | 2025 |
| Beneficiaries | Small Businessmen and Agricultural citizens |
| Objective | to provide financial, Technical & Institutional Support to all the entrepreneurs, Small businessmen and Farmers |
| Official website | – |
Eligibility Criteria
- Applicants should be a permanent residents of Mizoram State.
- Only Small Businessman, Entrepreneurs and Farmers are eligible to apply.
Allied Sectors under this scheme
- Agriculture & Farmers Welfare Department
- Animal Husbandry & Veterinary Department
- Fisheries Department
- Horticulture Department
- Irrigation & Water Resources Department
- Land Resources, Soil & Water Conservation Department
- Rural Development Department
- Sericulture Department
Required Documents
- Aadhaar Card
- Identity Proof
- Address Proof
- Bank Account Details
- Business or Project Plan (if applicable)
- Income Certificate
- Caste or Community Certificate
- Land or Property Documents (if applicable)
Bana Kaih Scheme Mizoram Apply Online
- Visit the nearest Bank Branch-
- All those citizens of Mizoram who want to apply under this scheme have to visit the nearest bank branch.
- Ask for the Application Form-
- After reaching the bank, applicants have to ask for the Application Form of Bana Kaih Scheme.
- Fill out the Application Form with Documents-
- Now you have to fill out the Application Form and attach the necessary documents.
- Check the Details you’ve entered-
- Now after filling out the application form you have to check the details and submit it to the officials.
- Submit the Form to Officials-
- Now the bank officials will verify the form by checking your eligibility and documents details.
- Officials will verify your details and approve you-
- If you are eligible, then your application will be approved by the officials.
FAQ’s
Who is eligible to apply under the Bana Kaih Scheme Mizoram ?
All small businessmen, Farmers, and entrepreneurs are eligible to apply under this scheme.
What is the objective of this Bana Kaih Scheme?
The main objective of this scheme is to provide financial support and Loan facilities to all the small businessman and farmers across the state.
What is the financial assistance provided under this Bana Kaih Scheme?
The Government will provide Interest & Collateral Free Loans of up to INR 50 Lakh to all the eligible residents of the state.