steps to setup an industry PIPDIC
FINANCIAL NORMS

INTEREST RATE STRUCTURE
. Interest p.a. on loan (%)
(Exclusive of interest tax)
1. Term-loans and working capital advances to SSI Units
i) For loans upto Rs.0.50 Lakhs 10.75
ii) For loans from 0.51 lakhs to Rs. 2 Lakhs 11.25
iii) For loans from Rs.2 lakhs to 25 lakhs  11.75
iv) For loans from Rs.25 lakhs and above  12.75
2. Term-loans to MSI Units 13.25


DEBT EQUITY NORMS
  SCHEME / PURPOSE / CATEGORY OF BORROWERS DER
 a. Composite Loan Scheme
 
  i) For loans upto Rs. 2 lakhs No equity
  ii) For loans above Rs.2 lakhs and upto Rs.5 lakhs 3:1
b. Mahila Udayam Nidhi 1.857 : 1
c. National Equity Fund 1.857 : 1
d. SEMFEX Scheme
 
  i) For term loans upto Rs. 10 lakh 3:1
  ii) For term loans above Rs. 10 lakh 2:1
e. Modernisation Scheme Upto 3 : 1 for the proposal irrespective of the amount of loan
f. Schemes/purpose/category of borrowers other than the schemes mentioned above.  
  i) For loans upto Rs.10 lakh Upto 3 : 1
  ii) For loans above Rs.10 lakh and upto Rs. 30 lakh Upto 2 : 1


Note: Wherever required the equity will be increased on case to case basis.


Procedure for starting a Small Scale Industry- Click Here

Procedure for starting Large / Medium Scale Industries- Click Here

How to Apply - Click Here

Particulars to be submitted at the time of filing Application - Click Here

Particulars to be submitted after getting sanction of loan - Click Here

Check List for Documentation - Click Here


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