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V I C E S
Normal Financing Scheme for Fixed Assets Single Window Scheme(FATL & WCTL) Seed Capital Scheme from Central Govt./ SIDBI/NEF/MUM Financing to Construction Activities Financing to Entertainment Sector Financing to Technology Upgradation of Central Govt./SIDBI/RTDM /TUFS/ Tannery Modernization
Credit Link Capital Subsidy Scheme for Technical Upgradation of SSI Units Capital Investment Subsidy Scheme for Construction/Expansion/ Modernization of Cold Storage for Horticulture Produce Financing Assistance to Doctors Under NEF |
ABHINAV PROTSAHAN YOJNA
This scheme is meant for entrepreneurs who have availed loan from banks under PMRY, are regular and repaid at least 50% of the loan amount availed under PMRY. The loan shall be granted for creation/acquisition of fixed assets for activities covered under NEF scheme. Promoter contribution shall be 10% at the minimum & Debt equity ratio shall be 1.857:1. In cases where prime security is available, Collateral security to the extent of loan amount minus value of land building & 50% value of plant & machinery and other fixed assets shall be provided. In cases where unit is in on rent Collateral security to the extent of loan amount minus value of 50% value of plant & machinery and other fixed assets shall be provided. Collateral security shall also include 5% liquid security at least. Soft loan component at 5% service charge shall be provided @ 25% of capital cost subject to maximum of Rs. 10.00 lac. The effective rate of interest under the scheme works out approximately to 11.5%. |
