Finance to Hospitals & Nursing Homes  
 

Eligibility

Assistance under this scheme is available to Hospitals/Nursing homes (new as well as existing).
. Should have facilities for diagnosis and treatment of out patient and in-patients.
. Should be commercially viable to generate cash surplus  for servicing the loan.
. Should have a back-up of expert services of at least one post-graduate doctor with qualification of MD/MS etc. on full-time basis.
. Should be willing to provide medical service on concessional rates to patients from low income groups.
     
Location of the Hospital should be easily accessible to the public.
Promoters who are established medical practitioners will be preferred. 
  Promoter's Contribution:

Minimum promoter's contribution is 33.33% of the estimated cost of the project.

Other parameters are:
Minimum Margin on Security:25%
Debt Equity Ratio (Maximum) :2 : 1 in case of loans above Rs 100 lakhs where implementation period is longer, maximim loan period of 12 years with moratorium of maximim 3 years can be considered.
Maximum Repayment time in years including gestation period:10
Gestation period for starting repayment of principal :6 months to 3 years
Collateral security:Depending on project and promoters 
investment level.

 
 
   Profile
.Special Schemes
.Scheme For Existing Well Run Profit Making Enterprises
.Normal Term Loan Scheme