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Scheme of Assistance to SC/ST Entrepreneurs

The scheme aims to extend financial assistance to SC/ST Entrepreneurs for setting up new Micro Enterprises or for expansion of existing units. The applications for this scheme are accepted online through the PIPDIC portal.

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About This Scheme

The scheme "Scheme of Assistance to SC/ST Entrepreneurs" was launched by the Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC), Department of Industries & Commerce, Puducherry. The scheme aims to extend financial assistance to SC/ST Entrepreneurs for setting up new Micro Enterprises or for expansion of existing units. The applications for this scheme are accepted online through the PIPDIC portal.

Benefits

₹2.0 L

Loan of upto ₹2,00,000/-.

Eligibility

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

Required Documents

  • Copy Of Acknowledgement Of Micro, Small And Medium Enterprises Registration Certificate Obtained From Industries Department.
  • Copy Of Lease Deed For The Work Premises In ₹10.00 Rupees Stamp Paper.
  • Copy Of Sale Deed For The Work Premises (In Case The Premises Is Owned By The Applicant).
  • Quotation From Selected Supplier For All Machinery And Equipment Proposed With Detailed Specification And Catalogue (Original To Be Produced).
  • Two Comparative Quotations From Standard Suppliers For All Machinery And Equipment Proposed (Original To Be Produced).
  • Selected Machinery Supplier’s Client List With Detailed Postal Address.
  • Proof For Sale Price Of End Product And Quotations For Main Raw-Materials To Be Used.
  • Tie-up Letters For Marketing The Product.
  • Copy Of Partnership Deed And Acknowledgement Of Registrar Of Firm (In The Case Of Partnership Concern).
  • Copies Of Permanent Account Number Card, Voters Identity Card, Ration Card, Aadhaar Card, And Bank Pass Book.
  • Copy Of The Community Certificate (In Case Of Scheduled Caste/Scheduled Tribe).
  • Profitability Statement Detailing Monthly Sales / Income And Expenditure Details.
  • Consent Letter To Offer Collateral Security To The Extent Required By Pondicherry Industrial Promotion Development And Investment Corporation.
  • Documentation For Payment Of Investigation Fee @ 0.50% On The Loan Amount Applied Plus Applicable Service Tax (With 50% Concession For Scheduled Caste/Scheduled Tribe Entrepreneurs).
  • Applicable Licence Copies, Such As Inspector Of Factories Approval, Municipal / Panchayat Permission, And Pollution Clearance.
  • Permission From Puducherry Planning Authority, Puducherry.
  • Power Feasibility Certificate From Electricity Department, Puducherry.
  • A Copy Of Permission Letter Obtained From The Electricity Department, Puducherry For Captive Generation Of Power (In Case Generator Is Required For The Project).
  • Copy Of No Objection Certificate/Clearance From Department Of Industries And Commerce/Department Of Science, Technology And Environment From Pollution Angle.
  • Original Title Deed, Antecedent Title Deeds, Encumbrance Certificate For 30 Years, Valuation Certificate, Field Measurement Book Copy, Patta Copy, And Legal Opinion Report For Collateral Security Property (Valuation Certificate To Be Obtained From Approved Panel Valuer Of Pondicherry Industrial Promotion Development And Investment Corporation).
  • Original Title Deed/Lease Deed, Antecedent Title Deeds, Encumbrance Certificate For 30 Years, Valuation Certificate, Field Measurement Book Copy, Patta Copy Etc For Factory Site.

✦ 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
₹2.0 L