Well, since the other Members have already given you enough information on your eligibility for the loan and the procedures and so on, I do not want to add anything in that respect.
That said, I really wonder whether you have done your homework. Your Post Graduate Degree is fine, and you seem to be a fresher. Do you understand what you are trying to get into? Am afraid you have an inadequate understanding of anything even remotely connected to the real world of business, in mass communication.
Please do understand that this real world is all about advertising, flex banners, journalism, event management, marketing of new concepts like thematic wedding, and even businesses that are totally new. You need to first become an expert in any of these fields. Since you have not indicated what kind of business you want to get in, I can guide you on the general terms. Please try to figure out what suits your natural talent, and your natural abilities.
Even then, my suggestion and advise to you would be to immerse yourself in a job, in say, event management, for a minimum period of five years. Throughout India, the A to Z marketing jobs are so easy to find. For example, the weddings. Since the parents of even middle class families do not have any time or the inclination to do all the running around to get everything in order, the first thing that they do is to entrust everything to an agency. So, please do go over to Kolkatta or Mumbai or even Bangalore and join any agency providing these services. For example, there are photographers too, who are totally subcontracted. Those who provide the various things that go to making the marriage or the marriage reception a huge success, such as stage decoration, is also sub contracted. You can even act as a mediator between these suppliers and at least five agencies, who take up the total job.
Please remember, the job itself if a 24X7 job, which is very highly competitive. Even a single mistake will simply blow up into a huge crisis. The operations at the ground level, are so difficult to understand. There is a huge amount of co-ordination, communication, and managerial skills of a very tall order. Contingency planning is a huge task. You always need Plan B or Plan C or even Plan D to make up. Given logistics nightmares in cities, the job itself is very challenging.
Even if you immerse yourself for around three years, you can gather too much experience. The flex banners, in connection with the wedding, is a booming business too, in the small towns. Of course, the tricks are best learned only in a metro. The scope is so high,that it is becoming very difficult to find the right persons. If you are the right person, then, you can learn everything and then start your own business in five years time. Please do note, the advertising field is monopolized by the IIM MBAs and by professionals from institutes such as the Mudra Institute of Communications, at Ahmedabad. You require guts and a lot of skills to compete with these guys, who will know everything, as they are from superb institutions.
Still, event management is the best, given the scope. You can get into advertising and work you way up. But that is a lot more trickier than even event management.
There are other areas like marketing of tourism services, but even that requires field experience. Please remember, only field experience can help you set up your own business.
All the very best.