SIDBI and Google Partnership for Assistance to Micro Enterprises (SANGAM)

CPSU Scheme Phase-II (Government Producer Scheme) for setting up 12,000 MW grid-connected Solar PV Projects with VGF support for self-use by government or through DISCOMs

January 12, 2023

Subsidy to power loom weavers for purchase of electronic G card for upgradation of power loom designs

January 13, 2023

Published by Yuva Kanaja Admin on January 13, 2023

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Benefits

Benefit

Term loan up to 100 Lakh
Up to 100% finance
Funding of both Capex and working capital requirement.
Nil processing fee
Interest rate of 6% p.a. (5.50% p.a. for women run / owned enterprises).
Repayment up to 5 years (3 years for WCTL)
Availability of CGTMSE cover.

Subsidy

To whom / eligible ?

To whom?

Eligibility

Minimum 2 years operations of the unit required.
Operating profit during past 2 years.
Cash profit during past one year.
No default / delinquency to any bank /FI, etc., during past 24 months
Standard Norms apply (CIBIL / CMR, due diligence checks etc.)

Submission of Application

How to apply

https://www.sidbi.in/en/products

Documents to be submitted

Contact

#49, Khanija Bhavan, South Block, Race Course Road, Bangalore-560001

Does it comes to Sakal limits?

No

Yuva Kanaja Admin

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