§1Who it is for

  • Youth, women and first-time entrepreneurs in WB

Useful if

First-time micro founders

Do not spend time on it if

Units needing above Rs.5 lakh

§2Eligibility

  1. Age 18-55 (official page and gazette amendment)
  2. Permanent resident of West Bengal

§3Benefits

  • Collateral-free loan up to Rs.5 lakh
  • State interest subvention (ICAI: up to 9% for 3 years; official page: bank loan at subsidised 4% p.a.)
  • Margin money / capital subsidy (secondary: 10% of project cost, max Rs.25,000)

§4Norms — pattern of assistance

  1. Exact subvention and subsidy terms conflict across sources

§5Documents

Not published

The guideline does not list the documents. Ask the portal or bank before you apply — we do not make up lists.

§6How to apply

  1. 1

    Apply through state portal / banks (details on wb.gov.in)

§7Pros and cons

Merits

  • Collateral-free credit for very small units

Demerits

  • Terms differ between official page and secondary sources

→Related schemes

Need help with Bhabishyat Credit Card?

Eligibility check, DPR and application file — ask us on WhatsApp.

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Our interestHelp is our paid service. You can also apply for the scheme yourself.

Sources

  1. Govt of West Bengal - Bhabishyat Credit Card scheme page
  2. ICAI MSME & Startup Committee - West Bengal State MSME Policy (2026 edition, secondary)

Checked on 18 October 2026. For information only — confirm with the department or bank. Spotted a mistake? Report it.