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Scheme for Acquisition of Electro-Medical and Other Equipment (PIPDIC)

The scheme aims to financially assist the registered Medical practitioners for acquisition and installation of Electro Medical and other related equipment. The applications for this scheme are accepted online through the PIPDIC portal.

Last verifiedToday

About This Scheme

The scheme “Scheme for Acquisition of Electro-Medical and Other Equipment” was launched by the Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC), Department of Industries & Commerce, Puducherry. The scheme aims to financially assist the registered Medical practitioners for acquisition and installation of Electro Medical and other related equipment. The applications for this scheme are accepted online through the PIPDIC portal.

Benefits

Financial Assistance to registered Medical practitioners for acquisition and installation of Electro Medical and other related equipment.

₹60.0 L

_*Cost of Equipment must not exceed ₹60,00,000/-._

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

  • Site and Factory Building Plan with Machinery Layout and Civil Estimate Obtained from Approved Panel Valuer of Pondicherry Industrial Promotion Development and Investment Corporation (Two Copies).
  • Quotation from Selected Supplier for All Machinery and Equipments Proposed with Detailed Specification and Catalogue (Original to be Produced).
  • Two Comparative Quotations from Standard Suppliers for All Machinery and Equipments Proposed (Original to be Produced).
  • Comparative Statement for Machinery with Justification for Choosing the Supplier.
  • Selected Machinery Supplier's Client List with Detailed Postal Address and Copy of Proof for Having Registered as an Approved Supplier with Other Financial Institutions/Banks.
  • Proof for Sale Price of End Product from the Existing Manufacture/Dealer.
  • Quotation/Bill Copies for Each Item of Raw Materials to be Used with Arrangements for Regular Supply.
  • Manufacturing Process Details with Flow Chart.
  • Statistics for Demand and Supply Position of Product with Proof, Existing Competitions, Major Consumers Details, and Tie-Up Letters for Marketing the Product.
  • Copy of Partnership Deed and Acknowledgement of Registrar of Firms (In the Case of Partnership Firm) or Memorandum and Articles of Association (In the Case of Private Limited Company).
  • Bio-Data of All the Promoters (Duly Filled In All Respect as Per the Format Enclosed).
  • Copies of Permanent Account Number Card, Voters Identity, Ration Card, Aadhaar Card, and Bank Pass Book.
  • Detailed Project Report on the Project.
  • Details Asked for in the Application at Page Numbers 12, 13, 14, and 15 are to be Furnished Compulsorily (To Prepare Appraisal Report).
  • Consent Letter from Bank for Sanction of Working Capital Loan.
  • Consent Letter to Offer Collateral Security to the Extent Required by Pondicherry Industrial Promotion Development and Investment Corporation.
  • Balance Sheet and Profit and Loss Account for Last Three Years and Bankers Details for Interested Concerns/Existing Unit.
  • Track Record, Name and Address of Concerns, and Type of Consultancy Service Rendered by the Consultant, If Any.
  • Details of Effluent and Arrangement Proposed for Treatment and Disposal of Effluent If Any During Process.
  • Investigation Fee at 0.75% on the Loan Amount Applied Plus Applicable Service Tax (With 50% Concession for Scheduled Caste/Scheduled Tribe Entrepreneurs).
  • Applicable Licence Copies, Puducherry Planning Authority Approval—Inspector of Factories Approval, Municipal/Panchayat Permission, Pollution Clearance, etc.
  • Original Title Deed, Antecedent Title Deeds, Encumbrance Certificate for Thirty Years, Valuation Certificate Obtained from Approved Panel Valuer of Pondicherry Industrial Promotion Development and Investment Corporation, Field Measurement Book Copy, Patta Copy, and Legal Opinion Report for Factory Site and Collateral Security Property.
  • Copy of Acknowledgement of Micro, Small and Medium Enterprises Registration Certificate Obtained from Industries Department.
  • Copy of Registered Lease Deed for the Work Premises for a Period Not Less than Eight Years or Consent Letter to Produce Registered Lease Deed for the Work Premises.
  • Copy of Sale Deed for the Work Premises in Case the Premises is Owned by the Applicant.

✦ Required ◦ Optional

How to Apply

OOnline

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. 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". To initiate the loan application process, the applicant must navigate from the customer dashboard by cl

Quick Info

Level
Central Government
Max benefit
₹60.0 L