LOAN
Medium Term Multi Purpose Loan Scheme
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States / UT: Rajasthan
Ministry / nodal: Industry & Commerce Department
Department: Rajasthan State Industrial Development and Investment Corporation Limited (RIICO)
Nodal department: Rajasthan State Industrial Development and Investment Corporation Limited (RIICO)
Scheme for: Individual
Scheme profile
DBT (direct benefit transfer): No
Target beneficiaries: Businessman, Entrepreneur, Industrialist
Tags: Financial Assistance, Loan, Business, Entrepreneur, Industry, Rajasthan, RIICO, Medium Term, Investment, Support, Eligibility, Assistance
Details
The Medium Term Multi Purpose Loan Scheme provides financial assistance to existing borrowers of the Rajasthan State Industrial Development and Investment Corporation Limited (RIICO) who have a good track record. This scheme is designed to meet various financial needs of businesses operating in Rajasthan.
Benefits
- - Financial assistance for meeting various financial needs
- Financial assistance for meeting various financial needs.
Eligibility
To be eligible for the loan, companies must meet the following criteria:
- The company should have been classified as a standard asset by the Corporation.
- The company should have paid at least one third of the principal amount of the term loan disbursed.
- The company should have been in production for the last 3 years, earning cash profits in the last 2 years.
Application Process
Online
Applications can be submitted online through the RIICO web portal. For more details, refer to the guidelines available here.
Documents Required
No document list is available for this scheme yet.
Official links
References
Apply
Apply nowOpens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.
Documents Required for Government Schemes
Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:
- Aadhaar Card
- Income Certificate
- Caste Certificate (if applicable)
- Residence Proof
- Bank Account Details
- Educational Certificates (for student schemes)
How to Apply for Government Schemes?
The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:
- Check eligibility criteria
- Collect required documents
- Fill the application form
- Submit the application online or at the relevant office
- Track application status