Scheme for Purchase of Mobile Sales Van
The scheme aims to financially assist the Khadi & Village Industries (KVI) Institutions for the purchase of new mobile sales vans for stocking display sales of KVI products and also to, transport of raw materials for producing KVI Products. The applications for this scheme are accepted online.
About This Scheme
Benefits
Financial assistance is provided for purchase of new mobile sales vans for stocking display sales of KVI products and also to, transport of raw materials for producing KVI Products.
₹3.0 L
The loan limit must not exceed ₹3,00,000/- per vehicle.
The number of vehicles should not exceed six.
Eligibility
- •
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 (If applicable).
- ✦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 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).
- ✦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.
- ✦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 Limited.
- ✦Proof of Down Payment of at Least 50% of Value of Goods Purchased.
- ✦Investigation Fee at 0.50% on the Loan Amount Applied Plus Applicable Service Tax (50% concession for Scheduled Caste/Scheduled Tribe entrepreneurs).
- ✦Proposal Supported by Khadi and Village Industries Commission Under Its Interest Subsidy Scheme.
- ✦Applicable Licence Copies Such as Inspector of Factories Approval, Municipal / Panchayat Permission, and Pollution Clearance (If applicable).
- ✦Original Title Deed, Antecedent Title Deeds, Encumbrance Certificate for 30 Years, Valuation Certificate from Approved Panel Valuer of Pondicherry Industrial Promotion Development and Investment Corporation Limited, Field Measurement Book Copy, Patta Copy, and Legal Opinion Report for Collateral Security Property.
✦ Required ◦ Optional
How to Apply
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
- ₹3.0 L