SAGB-BC

Scheme of Assistance to Good Borrowers: ‘B’ Category

The scheme aims to support and reward existing industrial units and transport loanees who have maintained a satisfactory repayment track record. It provides term loans ranging from ₹5,00,000/- to ₹150,00,000/- for expansion, modernization, or acquisition of fixed assets.

राज्य नकद

राज्य / केंद्र शासित प्रदेश: पुडुचेरी

नोडल विभाग: Industries and Commerce Department, Puducherry

योजना किसके लिए: Individual

योजना प्रोफ़ाइल

डीबीटी (प्रत्यक्ष लाभ अंतरण): नहीं

श्रेणियाँ: व्यवसाय और उद्यमिता

उप-श्रेणियाँ: Setting up / start-up / entrepreneurship, Loan, Machine & skill up-Gradation, Technology upgradation

लक्षित लाभार्थी: Business Entity

टैग: Industry, Entrepreneur, Loan, Expansion, Machine, Concession

विवरण

The scheme "Scheme of Assistance to Good Borrowers: ‘B’ Category" was launched by the Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC), Department of Industries & Commerce, Puducherry. The scheme aims to provide financial assistance to specific categories of good borrowers for acquiring fixed assets, setting up new units, and supporting expansion, modernization, or diversification of existing units. The scheme provides loan limits ranging from a minimum of ₹5,00,000/- to a maximum of ₹150,00,000/-, along with an interest concession of 0.5% less than the normal rate for 'B' Category borrowers. The applications for this scheme are accepted online via the PIPDIC portal.

लाभ

- Financial Assistance: A loan limit of a minimum of ₹5,00,000/- and a maximum of ₹150,00,000/-.- Interest Concession: The borrower receives an interest concession of 1/2% less than the normal rate. Conditions
The collateral security offered in the form of immovable property must be valued by engaging a Chartered Engineer or valuer from the approved panel of the Corporation
The applicant must acquire fixed assets, such as purchasing balancing equipment, replacement of machinery/equipment, or acquiring assets for setting up new units or expanding/modernizing existing units
The loan repayment period is 3 to 5 years, excluding the moratorium period
The applicant must offer collateral security in the form of immovable property
The value of the immovable property offered as collateral security must not be less than the term loan sanctioned, if the property is situated in the Union Territory of Puducherry
If the immovable property is situated outside the Union Territory of Puducherry, the value offered must not be less than 150% of the loan amount if it is land with building
If the immovable property situated outside the Union Territory of Puducherry is only land, the value offered must not be less than 200% of the loan amount

Financial Assistance: A loan limit of a minimum of ₹5,00,000/- and a maximum of ₹150,00,000/-.- Interest Concession: The borrower receives an interest concession of 1/2% less than the normal rate.

Conditions

The collateral security offered in the form of immovable property must be valued by engaging a Chartered Engineer or valuer from the approved panel of the Corporation.
The applicant must acquire fixed assets, such as purchasing balancing equipment, replacement of machinery/equipment, or acquiring assets for setting up new units or expanding/modernizing existing units.
The loan repayment period is 3 to 5 years, excluding the moratorium period.
The applicant must offer collateral security in the form of immovable property.
The value of the immovable property offered as collateral security must not be less than the term loan sanctioned, if the property is situated in the Union Territory of Puducherry.
If the immovable property is situated outside the Union Territory of Puducherry, the value offered must not be less than 150% of the loan amount if it is land with building.
If the immovable property situated outside the Union Territory of Puducherry is only land, the value offered must not be less than 200% of the loan amount.

पात्रता

Existing assisted units satisfying the criteria under Good Borrowers which have not obtained reschedulement not for more than once and regular in repayment after reschedulement.
Units assisted by other institutions / banks satisfying the criteria and with the fixed assets in existing units is free from encumbrance.

अपवर्जन

आवेदन प्रक्रिया

Online

User Manual: https://pipdic.in/uploads/PIPDIC_docs/user_manual.pdf
How to Apply: https://pipdic.in/how_to_apply
Applicant Login: https://pipdic.in/customer_login
Application Link: https://pipdic.in/forms
Grievance Form: https://pipdic.in/grievance_form

Registration Process

Step 1: Registration and Profile Creation

Visit the PIPDIC website. Click "Login". Click the “New customer” link under the “Login” menu, enter a username, email-id, password, and captcha, and then click the "Register" button.

Step 2: Email Verification and Login

Use the registered email-id to log in. An OTP is sent to the registered email address.
The applicant is then required to enter the OTP and click "Login" to access to the customer dashboard.

Step 3: Profile Update

Upon successful login, the customer needs to update their profile by accessing the "Edit Profile" option (top right corner of the dashboard).
The applicant must provide all required details. Click "Submit".

Application Process (Loan Application)

Step 1: Accessing the Loan Application Form

To initiate the loan application process, the applicant must navigate from the customer dashboard by clicking on the "Applications" tab.

Step 2: Reviewing Checklist and Accepting Terms

A pop-up window displaying a checklist of General Terms and Conditions, interest rate structure, investigation fees, and collateral security norms will appear for review.
Carefully read this checklist, confirm that all necessary documents have been gathered as requested, and click the “I Agree” button to proceed to the application form.

Step 3: Filling the Loan Application Form

Fill the multi-step application form, providing appropriate details in all mandatory fields across the required steps.

Step 4: Declaration and Submission

The applicant must carefully read and agree to the comprehensive declaration provided within the application form (covering confirmation of true information, absence of unauthorized borrowing arrangements, and consent to verification) before finally ticking the "I agree to terms" checkbox and clicking the final "Submit" button for the main application form.

Step 5: Promoter Bio-Data and Document Upload

The system will redirect the applicant to enter the Biodata of the Promoter, Partner, or Director, which is typically a multi-step process. The necessary KYC and supporting documents must be uploaded by clicking the "Choose File" button next to each field.

Step 6: Application Fees Payment

Once the entire application and bio-data submission is complete, pay the applicable application fee.
If selecting online payment, the system automatically redirects the applicant to the payment summary page, where they verify their details and make the payment.

Step 7: Receiving and Saving Payment Receipt

Upon successful payment, the user is redirected back to PIPDIC website, where a receipt for the application fee paid is generated.
The applicant can print this receipt or save it to their computer as a PDF for future reference.

Application Status Tracking and Support

The customer can monitor the status of their submitted application (which will initially show a status like 'UNDER REVIEW') by clicking the "View My application" link on the dashboard and selecting the relevant loan application in the drop-down menu.

Application Fees

For loans up to ₹25,00,000/-, the application fee is ₹100/-.
For loans above ₹25,00,000/-, the application fee is ₹200/-.

Grievance Redressal / Help & Support

The applicant can contact the Managing Director, Pondicherry Industrial Promotion Development and Investment Corporation Limited at No.60, Romain Rolland Street, Puducherry 605001.
The office phone number is 0413-2334361.
The email address for contact is info@pipdic.com.
The General Manager (Administration) can be contacted via mobile at 9894653835.

स्पष्टीकरण

myScheme पर प्रकाशित योजना सूचना से अतिरिक्त बिंदु (कानूनी सलाह नहीं)।

If the collateral security property, which includes land and existing buildings, is located outside of the Union Territory of Puducherry, what minimum value is mandated?: If the immovable property is situated outside the Union Territory of Puducherry and consists of land with a building, its value must be not less than 150% of the sanctioned loan amount.
What specific interest rate benefit or concession is granted to borrowers whose accounts are classified under the ‘B’ category standard?: Borrowers in the ‘B’ Category receive an interest concession equivalent to 0.5% less than the Pondicherry Industrial Promotion Development and Investment Corporation Limited’s normal interest rate.
What is the absolute highest financial assistance amount available for acquisition of fixed assets under this specific category of Good Borrowers?: The maximum loan limit permitted for disbursement under this scheme is ₹150,00,000/-.
For currently assisted Small Scale Industry or Medium Scale Industry units, what specific condition applies regarding previous loan reschedulement history?: Existing assisted units must not have obtained loan reschedulement for more than once to remain eligible under the 'B' Category.
Are there any special relaxations in the immovable property security requirement for enterprises promoted by Women, Scheduled Castes, Scheduled Tribes, or Differently abled persons?: Yes, for units promoted by Women, Scheduled Castes (SC), Scheduled Tribes (ST), or Differently abled persons, the collateral property value is reduced and fixed at 50% of the loan amount.
Excluding any initial moratorium period granted, what is the standard term or duration allowed for the repayment of this specific term loan?: The repayment period for this loan is generally set between 3 to 5 years, not including the applicable moratorium period.
What criteria must be satisfied if I am an existing transport operator borrower to be eligible for financial assistance under this special category?: Existing transport loanees must demonstrate that they have settled their previous loan promptly.
If my unit was originally assisted by a different financial institution or bank, am I still eligible to apply for this financial assistance?: Yes, units assisted by other financial institutions or banks can apply, provided they meet the standard criteria established for Good Borrowers.
If the immovable property being offered as collateral security is physically located within the Union Territory of Puducherry, what is the required minimum valuation relative to the loan amount?: The value of the immovable property situated in the Union Territory of Puducherry offered as security must be not less than the amount of the term-loan sanctioned.
If my existing assisted unit had obtained a reschedulement in the past, what must my current repayment status be to qualify?: After obtaining reschedulement, the existing assisted unit must demonstrate that it is regular in repayment.
Can the funding be applied towards enhancing the capabilities of an existing industrial unit, such as expansion, modernization, or replacing old machinery?: Yes, the loan can be utilized for the expansion, modernization, diversification, purchase of balancing equipment, or the replacement of machinery/equipment of existing units.
If my business unit was assisted by institutions or banks other than the Pondicherry Industrial Promotion Development and Investment Corporation Limited, must my fixed assets be unencumbered?: Yes, units assisted by other institutions or banks must ensure that the fixed assets in their existing units are free from encumbrance.
May I utilize the sanctioned loan amount specifically for acquiring fixed assets necessary for the establishment and setting up of brand new units?: Yes, the loan purpose explicitly covers the acquisition of fixed assets required for setting up new units.
What is the lowest financial assistance amount that an eligible Good Borrower can request when applying under this specialized scheme?: The minimum loan limit that can be availed under this scheme is ₹5,00,000/-.

आधिकारिक लिंक

संदर्भ

आवेदन करें

अभी आवेदन करें

Industry Entrepreneur Loan Expansion Machine Concession

आधिकारिक आवेदन या कार्यक्रम पोर्टल नए टैब में खुलता है। संदेह हो तो मंत्रालय की साइट पर विवरण सत्यापित करें।

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

यह पृष्ठ सार्वजनिक व आधिकारिक स्रोतों से योजना सूचना का सार प्रस्तुत करता है। यह कानूनी, वित्तीय या व्यावसायिक सलाह नहीं है; अधूरी या पुरानी हो सकती है; तथा सरकारी अधिसूचनाओं का स्थान नहीं लेती। आवेदन या निर्भरता से पहले पात्रता, लाभ व आवेदन चरण आधिकारिक पोर्टल या परिपत्र पर अवश्य सत्यापित करें।

हिन्दी चुनने पर साइट पर मेनू, बटन, फ़िल्टर और जहाँ उपलब्ध हो श्रेणी नाम हिन्दी में दिखाए जाते हैं। योजना का मुख्य पाठ (शीर्षक, विवरण, पात्रता, दस्तावेज़ आदि) स्रोत की भाषा में रहता है—अक्सर अंग्रेज़ी—जब तक आधिकारिक द्विभाषी या हिन्दी संस्करण उपलब्ध न हो।