Scheme for Hotel and Restaurant Projects

About This Scheme

Benefits

Required Documents

• ✦
  Brief Write Up on the Scope of the Project.
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  ##### Documents to be Submitted at the Time of Filing Loan Application
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  Copy of the Sale Deed for the Work Site.
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  Copy of Site and Building Plan Approved by the Puducherry Planning Authority (2 Copies).
• ✦
  Estimate for Building and Other Civil Works Obtained from Approved Panel Valuer of the Pondicherry Industrial Promotion Development and Investment Corporation.
• ✦
  Quotation from Selected Supplier for All the Equipments, Namely Lift, Generator Set, Air Conditioners, Kitchen Equipments, Furnitures, Electronic Private Automatic Branch Exchange System, Television, Refrigerators, Heaters, etc., Proposed with Detailed Specifications and Catalogues (Original Quotations to be Produced).
• ✦
  Two Comparative Quotations from Standard Suppliers for All the Above Equipments Proposed (Original Quotations to be Produced).
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  Comparative Statement for Equipments with Justification for Choosing the Supplier.
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  List of Equipments Proposed to be Purchased for Hotel, Kalyanamandapam, Community Hall, Commercial Complex, or Commercial Godown.
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  Selected Supplier Client List with Detailed Postal Address and Copy of Proof for Having Registered as an Approved Supplier with Other Financial Institutions or Banks.
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  Detailed Project Report on the Project.
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  Copy of Partnership Deed and Acknowledgement of Registrar of Firms (In the Case of Partnership Firm).
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  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).
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  Copies of PAN Card, Voters Identity, Ration Card, Aadhar Card, and Bank Pass Book for All the Promoters.
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  Consent Letter to Offer Collateral Security to the Extent Required by the Pondicherry Industrial Promotion Development and Investment Corporation.
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  Balance Sheet and Profit and Loss Account for Last 3 Years and Bankers Details for Interested Concerns or Existing Unit.
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  ##### Documents to be Submitted Either During Processing Time or After Sanction of Loan
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  Applicable Licence Copies, Such as Municipal or Panchayat Permission, and Food Licence, etc.
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  Original Title Deed for the Site and Collateral Security Property.
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  Antecedent Title Deeds for the Site and Collateral Security Property.
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  Encumbrance Certificate for 30 Years for the Site and Collateral Security Property.
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  Valuation Certificate Obtained from Approved Panel Valuer of the Pondicherry Industrial Promotion Development and Investment Corporation for the Site and Collateral Security Property.
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  Field Measurement Book Copy (FMB Copy) for the Site and Collateral Security Property.
• ✦
  Patta Copy for the Site and Collateral Security Property.
• ✦
  Legal Opinion Report for the Site and Collateral Security Property.

✦ Required ◦ Optional

How to Apply