Interest-free loan for college students' entrepreneurship refers to a loan method established to encourage college graduates to start their own businesses. For entrepreneurs themselves, it is interest-free, but for banks, it is interest-bearing, except that the state has introduced relevant policies to encourage entrepreneurship and promote employment, and the interest is subsidized by finance.

Application conditions

1, college degree or above;

2. Not employed for more than 6 months after graduation, and registered as unemployed in the local labor and social security department;

3. The loan applicant must have a fixed residence or business premises;

4. Business license and business license, stable income and ability to repay principal and interest;

5. The projects invested by entrepreneurs have certain self-owned funds.

Application material

1, identification

2. Ask students to provide student ID cards and transcripts.

3. Graduates are required to provide graduation certificates and degree certificates.

4. Checklist of frequently used bankbooks or bank cards in the past 6 months.

5. Other credit certificates: scholarship certificate, class cadre certificate, club activity certificate, various honor/social reward certificates, such as blood donation and voluntary teaching.

6. Check whether students have bad criminal records.

Detailed description of the process

1. When applying for the registration of the establishment of individual industrial and commercial households, college graduates shall present to the registration authority the graduation certificate and personal identity card of ordinary colleges and universities, and the national employment registration certificate for graduates of ordinary colleges and universities or the national employment registration certificate for graduate students (hereinafter referred to as the "registration certificate") issued by the employment department of provincial colleges and universities;

2. After verification by the registration authority, go through the registration formalities according to law, indicate the registration time on the registration certificate, affix the seal of the registration authority and return it to me, and indicate "college graduate" after the name of the business license operator of individual industrial and commercial households.

3. College graduates are exempt from the above-mentioned related fees with the business license of individual industrial and commercial households.

Loan amount requirement

The small-scale entrepreneurial loans provided by the state for college graduates are subsidized loans from the government, with a term of 1-2 years, after which they will no longer enjoy financial interest subsidies. Generally speaking, the amount of venture loan does not exceed 70% of the total liquidity required by the borrower for normal production and business activities, purchase (installation or repair) of small equipment (machines and tools) and franchise chain operation; The term is generally 2 years, and the longest is not more than 3 years, of which the longest term of working capital loan for production and operation is 1 year; Personal business loans shall be subject to the fixed loan interest rate promulgated by the People's Bank of China, and the interest rate may fluctuate within the prescribed range.

Repayment method

1. For individual entrepreneurial loans with a loan term of less than one year (including one year), the principal and interest shall be repaid in one lump sum, and the profits shall be paid off with the principal;

2. For individual entrepreneurial loans with a loan term of more than one year, the repayment method of loan principal and interest can be equal principal and interest repayment method or average capital repayment method, or other methods agreed by both parties.