|
INTEREST RATE STRUCTURE
|
Sl.No.
|
Term loans and working capital loans
|
Interest rate p.a.
|
|
A
|
Upto
Rs.25.00 lakhs
|
10%
|
|
B
|
Above
Rs.25.00 lakhs and upto Rs.50.00 lakhs
|
11%
|
|
C
|
Above
Rs.50.00 lakhs and Term loan to MSI
|
12%
|
·
Concessional rate o interest
of 0.5% less than the normal rate is charged for units promoted by Women /
SC / ST / Differently abled persons.
DEBT EQUITY NORMS
|
|
SCHEME
/ PURPOSE / CATEGORY OF BORROWERS
|
DER
|
|
a.
|
Composite
Loan Scheme
|
|
|
|
i)
For loans upto Rs. 10 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
|
|
f.
|
Schemes/purpose/category
of borrowers other than the schemes mentioned above.
|
|
|
|
i)
For loans upto Rs.25 lakhs
|
Upto 3 : 1
|
|
|
ii)
For loans above Rs.25 lakhs and above
|
Upto 2 : 1
|
Note: Wherever required the equity will be increased on case to case basis.
Investigation
fees
Collection of investigation fees the same be
collected at the following rates with effect from 01/02/2012.
|
Sl.No.
|
Loan
Amount
|
Investigation
fees (%)
|
|
a
|
For
loans upto Rs.25.00 lakhs
|
0.50%
of the term loan applied plus service tax as applicable.
|
|
b
|
For
loans above Rs.25.00 lakhs
|
0.75%
of the term loan applied plus service tax as applicable.
|
|
c
|
For
SC/ST entrepreneurs
|
50%
concession on investigation fee.
|
ACCEPTANCE
OF COLLATERAL SECURITY
The norms for acceptance of
collateral security while considering sanction of term loans.
§ In respect of immovable property
situated in the Union Territory of Puducherry the value of the property to
be offered shall be not less than the amount of term loan sanctioned.
§ In respect of immovable property
situated outside the Union Territory of Puducherry the value of the
property to be offered shall be not less than 150% of loan amount in case
of land with building. In case the
property to be offered is only land the value of the same shall be not less
than 200% of the loan amount.
§ The valuation of the properties
to be offered as security shall be assessed by engaging Chartered Engineers
from the approved panel of the Corporation.
Procedure for starting a Small Scale Industry- Click
Here
Procedure for starting Large / Medium Scale
Industries- Click Here
How to Apply - Click Here
Check list for Loan application - Click Here
Check List for Documentation - Click Here
Go to Top
|
