The Corporation would endeavour to extend comprehensive services including term loan, working capital and special schemes that may be required for benefit of the SME sector. The Interest and principal are to be paid in monthly rests for all schemes.
The extent of financing is based on the type of the project and credit rating. Interest rates, extent of financing and maximum period of loans are given below:
|
Sl. No. |
SCHEMES |
Maximum loan |
Max. loan eligibility % of Cost of Project |
maximum Repay ment period |
1. |
TERM LOAN ASSISTANCE TO INDUSTRIAL UNITS COMING UNDER ‘MICRO ENTERPRISES ‘ --(TL)
|
Rs. 18.75 lakhs |
75% |
10 yrs |
2. |
TERM LOAN ASSISTANCE TO SMALL AND MEDIUM ENTERPRISES IN INDUSTRIAL SECTOR --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs |
66.66% |
10 yrs |
3. |
SINGLE WINDOW SCHEME (TERM LOAN + WORKING CAPITAL LOAN) --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs |
66.66% TL 75% WL |
TL 10 yrs WC 6 yrs |
4. |
SCHEME FOR FINANCING INFORMATION TECHNOLOGY AND SOFTWARE DEVELOPMENT --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs |
66.66% |
7 Yrs |
5. |
FINANCIAL ASSISTANCE FOR QUALIFIED PROFESSIONALS SCHEME --(TL)
|
Rs. 75 lakhs |
66.66% |
6 Yrs |
6. |
TERM LOAN FOR ACQUISITION OF INDUSTRIAL UNIT --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs |
66.66% |
8 Yrs |
7. |
TERM LOAN ASSISTANCE FOR ACQUISITION OF HOTELS / RESORTS --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs |
66.66% |
8 Yrs |
8. |
TERM LOAN ASSISTANCE FOR THE ACQUISITION OF TAKEN OVER UNITS OF KFC --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 600 lakhs.
For Other cases - Rs. 300 lakhs |
75% |
8 Yrs |
9. |
WORKING CAPITAL TERM LOAN SCHEME --(SPL)
|
For Corporation/ Company/Co-operative Societies - Rs. 800 lakhs.
For Other cases - Rs. 320 lakhs |
75% |
5 yrs |
10. |
SCHEME FOR FINANCING MARKET RESEARCH, ADVERTISEMENT, PRODUCT LAUNCHING, PARTICIPATION IN TRADE FAIRS, EXHIBITIONS ETC. --(SPL) |
Rs. 18.75 lakhs |
75% |
5 Yrs |
11. |
FINANCIAL ASSISTANCE FOR OBTAINING ISO SERIES CERTIFICATION/ FOR GETTING GMP/NABH CERTIFICATE ACCREDITATION --(SPL)
|
Rs. 150 lakhs |
75% |
6 yrs |
12. |
WORKING CAPITAL REVOLVING FUND LOAN SCHEME FOR UNITS IN BOTH MANUFACTURING & SERVICE SECTORS --(SPL)
|
For Corporation/ Company/Co-operative Societies - Rs. 800 lakhs.
For Other cases - Rs. 320 lakhs |
75% |
1 ¼ yrs |
13. |
MODIFIED SCHEME FOR FINANCIAL ASSISTANCE FOR MARKETING OF SME PRODUCTS AND SERVICES (MARKETING LOAN) --(SPL)
|
For Corporation/ Company/Co-operative Societies - Rs. 100 lakhs.
For Other cases - Rs. 50 lakhs |
30% of loan availed |
1 ¼ years |
14. |
VEHICLE LOANS --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs. |
80% |
5 ½ Yrs |
15. |
FINANCIAL ASSISTANCE FOR SETTING UP FACILITIES FOR CARRYING OUT CATERING SERVICES OF ALL TYPES --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 500 lakhs.
For Other cases - Rs. 200 lakhs. |
66.66% |
7 Yrs |
16. |
FINANCIAL ASSISTANCE FOR THE CONSTRUCTION OF SHOPPING COMPLEXES & COMMERCIAL COMPLEXES. --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs. |
60% |
10 yrs |
17. |
SCHEME FOR FINANCIAL ASSISTANCE FOR PURCHASING DIESEL GENERATOR SETS --(SPL)
|
For Corporation/ Company/Co-operative Societies - Rs. 200 lakhs.
For Other cases - Rs. 25 lakhs |
75% |
5 yrs |
18. |
SCHEME FOR FINANCIAL ASSISTANCE FOR WAREHOUSE, GODOWNS, CONVENTION CENTRES, KALYANA- MANDAPAM & AUDITORIUM --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs. |
66.66% |
10 Yrs |
19. |
FINANCIAL ASSISTANCE TO THE CONSTRUCTION OF INFRASTRUCTURAL PROJECTS --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs. |
66.66% |
10 Yrs |
20. |
SCHEME FOR MARKETING OF PRODUCTS OF UNITS UNDER S.M.E SECTOR --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 500 lakhs.
For Other cases - Rs. 300 lakhs. |
66.66% |
10 yrs |
21. |
SCHEME FOR FINANCING HOUSING VILLAS, APARTMENT COMPLEXES AND FLAT --(SPL)
|
For Corporation/ Company/Co-operative Societies - Rs. 1000 lakhs.
For Other cases - Rs. 500 lakhs. |
60% |
6 yrs |
22. |
SCHEME FOR FINANCING THE SETTING UP AND MODERNISATION OF CINEMA THEATRES/MULTIPLEXES --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs. |
66.66% |
10 yrs |
23. |
SCHEME FOR TAKEOVER OF LOANS GIVEN BY BANKS / FINANCIAL INSTITUTIONS. --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs |
66.66% |
10 yrs |
24. |
SCHEME FOR FINANCING ASSISTANCE TO VENTURES IN TOURISM SECTOR (HOTEL, RESORTS, LODGES / HERITAGES ETC.) --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs. |
66.66% |
10 yrs |
25. |
SCHEME FOR MODERNIZATION OF EXISTING HOTELS AND RESORTS --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs. |
90% |
10 Yrs |
26. |
SCHEME FOR FINANCIAL ASSISTANCE TO HOSPITALS AND NURSING HOMES VETERINARY CLINICS /DIAGNOSTIC CENTRES --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs. |
66.66% |
10 yrs |
27. |
SCHEME FOR FINANCIAL ASSISTANCE FOR THE UPGRADATION AND MODERNIZATION OF EXISTING HOSPITALS & NURSING HOMES. --(TL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs. |
90% |
10 yrs |
28. |
SHORT TERM LOAN SCHEMES --(SPL)
|
For Corporation/ Company/Co-operative Societies - Rs. 300 lakhs.
For Other cases - Rs. 200 lakhs. |
90% |
3 to 5 years |
29. |
SCHEME FOR FINANCIAL ASSISTANCE FOR THE RENEWAL OF BAR LICENCE --(SPL)
|
100% of license fee. |
100% |
11 months |
30. |
SCHEME FOR FINANCIAL ASSISTANCE TO CIVIL CONTRACTORS --(SPL)
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs. |
75% |
5 yrs |
31. |
SCHEME FOR FINANCIAL ASSISTANCE FOR PRODUCING FEATURE FILMS AND T. V. SERIALS. --(SPL)
|
For Corporation/ Company/Co-operative Societies - Rs. 200 lakhs.
For Other cases - Rs. 75 lakhs |
50% |
1 year |
32 |
TERM LOAN ASSISTANCE TO EDUCATIONAL INSTITUTIONS. --(TL)
|
For Corporation/ Company - Rs. 1000 lakhs.
For Other cases - Rs. 500 lakhs. |
60% |
10 Yrs |
| 33 |
ENERGY SAVING PROJECTS
|
For Corporation/ Company/Co-operative Societies - Rs. 2000 lakhs.
For Other cases - Rs. 800 lakhs. |
80.00% |
7 years |
