Eligibility: Any individual, Firm or Companies.
Purpose: Project Financing & Working Capital.
Quantum of Loan: 60% of Project Cost.
Repayment Period: up to 10 years.
Security: Hypothecation of stocks & industrial assets viz. Plant and Machinery.
Copy of Industrial Licence.
- Government’s approval for project establishment.
- Clearance from National Environment Commission
- Detailed Project Report with brief description of the product(s), location of the project, market study, raw materials, probable buyers and economic benefit to the country etc supported by financial projections.
- Estimates for Civil Works / Quotations for machinery & miscellaneous fixed Assets.
- Audited financial statements for the last 3 years (in case of existing companies).
- Ownership Certificate of the land / lease agreement etc.
- Technical Collaboration Agreement / Technical Know-How Agreement.