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Scheme for Marketing Organisations

The scheme was launched by PIPDIC, Department of Industries & Commerce, Puducherry. The scheme aims to financially assist entrepreneurs for setting up entrepreneurs setting up of hotel/restaurant projects in urban areas. The applications for this scheme are accepted online through the PIPDIC portal.

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About This Scheme

The scheme “Scheme for Marketing Organisations” 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 Individuals / Partnership Concerns / Private Limited / Public Limited Companies for setting up new sales outlets or undertaking renovation/expansion of existing outlets of marketing Village & Small Industries (VSI) products. The applications for this scheme are accepted online through the PIPDIC portal.

Benefits

Financial assistance is provided for the purpose of setting up new sales outlets or undertaking renovation and expansion of existing outlets for marketing Village and Small Industries (VSI) Products.

₹25.0 L

The maximum total cost of the project that can be considered under this scheme must not exceed ₹25,00,000/-.

A down payment of at least 50% of the Value of goods purchased is mandatory.

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 the Industries Department.
✦
Copy of Lease Deed for the Work Premises in ₹10.00 Rupees Stamp Paper (For loans up to ₹25,00,000/-).
✦
Copy of Sale Deed for the Work Premises in Case the Premises is Owned by the Applicant.
✦
Site and Factory Building Plan with Machinery Layout and Civil Estimate (2 copies) (For loans above ₹10,00,000/- and up to ₹25,00,000/-).
✦
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 (For loans above ₹10,00,000/-).
✦
Selected Machinery Supplier's Client List with Detailed Postal Address.
✦
Copy of Proof for Having Registered as an Approved Supplier with Other Financial Institutions / Banks (For loans above ₹10,00,000/-).
✦
Proof for Sale Price of End Product from the Existing Manufacture / Dealer (For loans above ₹10,00,000/-).
✦
Quotation / Bill Copies for Each Item of Raw Materials to be Used with Arrangements for Regular Supply (For loans above ₹10,00,000/-).
✦
Manufacturing Process Details with Flow Chart (For loans above ₹10,00,000/-).
✦
Statistics for Demand and Supply Position of Product with Proof (For loans above ₹10,00,000/-).
✦
Details of Existing Competitions (For loans above ₹10,00,000/-).
✦
Major Consumers Details (For loans above ₹10,00,000/-).
✦
Tie-Up Letters for Marketing the Product.
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Copy of Partnership Deed and Acknowledgement of Registrar of Firms in the Case of Partnership Firm.
✦
Memorandum and Articles of Association in the Case of Private Limited Company (For loans above ₹10,00,000/-).
✦
Bio-Data of All the Promoters (Duly filled in all respect as per the format enclosed) (For loans above ₹10,00,000/-).
✦
Copies of Permanent Account Number Card, Voters Identity, Ration Card, Aadhaar Card, and Bank Pass Book.
✦
Profitability Statement Detailing Monthly Sales / Income and Expenditure Details (For loans up to ₹10,00,000/-).
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Details Asked for in the Application at Page Numbers 12, 13, 14, and 15 are to be Furnished Compulsorily to Prepare Appraisal Report (For loans above ₹10,00,000/-).
✦
Consent Letter from Bank for Sanction of Working Capital Loan (For loans above ₹10,00,000/-).
✦
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 3 Years and Bankers Details for Interested Concerns/Existing Unit (For loans above ₹10,00,000/-).
✦
Investigation Fee (To be paid at 0.50% on the loan amount applied plus applicable service tax for loans up to ₹25,00,000/-; Scheduled Caste/Scheduled Tribe/Women/Differently abled entrepreneurs receive a 50% concession).
✦
Applicable Licence Copies, Including Inspector of Factories Approval, Municipal / Panchayat Permission, and Pollution Clearance etc.
✦
Puducherry Planning Authority Approval (For loans above ₹10,00,000/-).
✦
Original Title Deed for Factory Site and Collateral Security Property (If applicable).
✦
Antecedent Title Deeds.
✦
Encumbrance Certificate for 30 Years.
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Valuation Certificate (Obtained from approved panel valuer of Pondicherry Industrial Promotion Development and Investment Corporation).
✦
Field Measurement Book Copy (FMB Copy).
✦
Patta Copy.
✦
Legal Opinion Report for Factory Site and Collateral Security Property (If applicable).

✦ 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: ₹25.0 L