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Scheme for Acquisition of Equipment and Others

The scheme aims to assist organizations in the small-scale sector in acquiring essential infrastructure and technology upgrades. The scheme provides need-based financial assistance for in-house quality control facilities, DG sets, pollution control equipment, computers and related accessories.

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About This Scheme

The "Scheme for Acquisition of Equipment & Others" was launched by the Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC), Department of Industries & Commerce, Puducherry. The scheme aims to assist organizations in the small-scale sector in acquiring essential infrastructure and technology upgrades. The scheme provides need-based financial assistance for in-house quality control facilities, DG sets, pollution control equipment, computers and related accessories, and equipment for indigenization or import substitution. The applications are accepted online.

Benefits

##### Loan Quantum

₹5.0 L

For Manufacturing and Installation of Renewable Energy/Energy Saving Systems: ₹5,00,000/- per Product.

For In-House Quality Control Facilities: Need-based.

For DG Sets: Need-based.

For Pollution Control Equipment: Need-based.

For Computers and Related Accessories: Need-based.

For Indigenization/Import Substitution: Need-based.

Eligibility

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

Required Documents

✦
Copy of the Acknowledgement of the MSME Registration Certificate Obtained from the Industries Department.
✦
Copies of PAN Card, Voter's Identity, Ration Card, Aadhaar Card, and Bank Pass Book.
✦
Bio-Data of All Promoters/Entrepreneurs (Duly Filled in All Respects).
✦
Community Certificate (If Applicable for SC/ST).
✦
Copy of Sale Deed for the Work Premises if Owned by the Applicant.
✦
Copy of Lease Deed for the Work Premises on ₹10/- Stamp Paper (or Registered Lease Deed for Loans Above ₹25,00,000/-).
✦
Original Title Deeds, Antecedent Title Deeds, and Encumbrance Certificate for 30 Years for Collateral Security Property.
✦
Valuation Certificate, FMB Copy, Patta Copy, and Legal Opinion Report for Collateral Security Property.
✦
Site and Factory Building Plan with Machinery Layout and Civil Estimate (For Loans Above ₹10,00,000/-).
✦
Quotations from Selected Suppliers for All Machinery and Equipment with Detailed Specifications and Catalogues.
✦
Two Comparative Quotations from Standard Suppliers.
✦
Profitability Statement Detailing Monthly Sales/Income and Expenditure.
✦
Balance Sheet and Profit & Loss Account for the Last 3 Years (For Existing Units/Interested Concerns).
✦
Detailed Project Report (For Loans Above ₹25,00,000/-).
✦
Consent Letter from the Bank for Sanction of Working Capital Loan (For Loans Above ₹10,00,000/-).
✦
Inspector of Factories Approval.
✦
Municipal / Panchayat Permission.
✦
Pollution Clearance.

✦ 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: ₹5.0 L