Fuel Your Future Growth With Strategic Project Funding
Key Features
- Loan for purchase of land & construction of factory building purchase of plant & machinery, miscellaneous fixed assets, installation of rooftop solar projects, acquisition of other energy efficiency devices etc.
- Assistance to existing entities for expansion / modernization / technology upgradation in the same line of business.
- Financing upto Rs. 50 crore subject to maximum of 80% of the project cost.
- MCLR Linked attractive rate of Interest.
- Repayment upto 7 years with moratorium upto 2 years.
Eligibility
Minimum two years of operations along with audited accounts
Cash profit in last audited financial results
No defaults to Bank/FIs.
Key Features
- Financing to export oriented MSMEs for modernization diversifying into new products, technology upgradation, product R&D etc.
- Financing upto 80% of the project cost (joint financing with EXIM Bank also available).
- MCLR Linked attractive rate of Interest.
- Technical assistance for mentorship support, equity support etc.
- Upto 25 bps performance/ milestone linked interest incentive.
- Facility of TL/ Foreign Currency TL available.
Eligibility
- For new units, preference shall be given to promoters having experience in the similar line of business.
- For existing unit / fundamentally strong export oriented small and mid-sized companies.
- Small and mid-sized MSMEs that have a strategic market entry plan for international markets.
- No defaults to Bank/FIs.
Key Features
- Loan for purchase of land & construction of factory building, purchase of plant & machinery, miscellaneous fixed assets, installation of rooftop solar projects, acquisition of other energy efficiency devices etc.
- Financing for setting up new units/greenfield projects.
- Financing upto Rs. 50 crore subject to maximum of 75% of the project cost.
- Promotors Contribution-minimum 25 %.
- MCLR Linked attractive rate of Interest.
- Repayment upto 7 years including moratorium for 2 years.
Eligibility
New units / greenfield units are eligible for financing under the scheme.
For loan above Rs. 20 crore, promoter’s experience of 5 years in similar line of business.
For loan upto Rs. 20 crore, promoter’s experience of 3 years in similar line of business.
No defaults to Bank/FIs.
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