Scheme
.Special Schemes
.Scheme For Existing Well Run Profit Making Enterprises
.Normal Term Loan Scheme 
   
                                
  
Scheme For Financial Assistance For
Infrastructure Projects

The Corporation provides financial assistance for setting up of show rooms, ware houses, storage houses and godowns, parking facility, distribution/delivery vans etc.  Their working capital requirements for stocking of goods and for publicity will also be considered for financing in this sector subject to the following terms and conditions:-

A.PURPOSE

Construction of –

a)      Show houses

b)     Godowns

c)      Warehouses

d)     Storage houses

e)      Cold storage.

Furnishing of Show rooms

Acquisition of distribution/delivery van for marketing products

Working capital for stocking goods.

B. MAXIMUM LOAN

Registered Companies and Co-operative Societies are eligible for finance upto Rs.500/- lakhs and proprietor & Partnership firms can avail loan upto Rs.200 lakhs.

C.MINIMUM CONTRIBUTION

Minimum contribution of the promoter shall be 33 1/3% to maintain DER of 2:1

D.SECURITY FOR THE LOAN

100%  security in the case of own premises and 150% in the case of rented.

E.MODE OF DISBURSEMENT

The loan amount will be disbursed in  instalments according to the requirement after verification/valuation.  If the promoter brought in his contribution, 50% of the loan amount will be released in advance and balance after verification

F.REPAYMENT PERIOD

Maximum 8 years.