Scheme for Tourism-related Activities
The scheme aims to financially assist entrepreneurs for setting up or development of amusement parks, cultural centres, convention centres, restaurants, tourist service agencies, including expansion and modernization project. The applications for scheme are accepted online through PIPDIC portal.
About This Scheme
Benefits
Financial Assistance to entrepreneurs for setting up or development of amusement parks, cultural centres, convention centres, restaurants, tourist service agencies, including expansion and modernization project.
The Loan Limit is need based.
₹12.0 Cr
The Project Cost must not exceed ₹12,00,00,000/-.
The Repayment Period is upto 10 years including moratorium period.
Eligibility
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Required Documents
- ✦Copy Of The Sale Deed For The Work Site.
- ✦Copy Of Site And Building Plan Approved By Puducherry Planning Authority (Two Copies).
- ✦Estimate For Building And Other Civil Works Obtained From Approved Panel Valuer Of Pondicherry Industrial Promotion Development And Investment Corporation.
- ✦Quotation From Selected Supplier For All The Equipment Proposed With Detailed Specifications And Catalogues (Original Quotations To Be Produced). (Equipment Includes: Lift, Generator Set, Air Conditioners, Kitchen Equipment, Furniture, Electronic Private Automatic Branch Exchange System, Television, Refrigerators, Heaters, Etc.)
- ✦Two Comparative Quotations From Standard Suppliers For All The Above Equipment Proposed (Original Quotations To Be Produced).
- ✦Comparative Statement For Equipment With Justification For Choosing The Supplier.
- ✦List Of Equipment Proposed To Be Purchased For The Tourism Related Project.
- ✦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.
- ✦Detailed Project Report On The Project.
- ✦Copy Of Partnership Deed And Acknowledgement Of Registrar Of Firms (In Case Of Partnership Firm).
- ✦Memorandum And Articles Of Association (In Case Of Private Limited Company).
- ✦Bio-Data Of All The Promoters (Duly Filled In All Respect As Per The Format Enclosed).
- ✦Copies Of Permanent Account Number Card, Voters Identity, Ration Card, Aadhaar Card, And Bank Pass Book For All The Promoters.
- ✦Brief Write Up On The Scope Of The Project.
- ✦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 Three Years And Bankers Details For Interested Concerns Or Existing Unit.
- ✦Investigation Fee Payment Details (0.50% On Loan Amount Applied Plus Applicable Service Tax For Loans Up To ₹25,00,000/-).
- ✦Investigation Fee Payment Details (0.75% On Loan Amount Applied Plus Applicable Service Tax For Loans Above ₹25,00,000/-).
- ✦Investigation Fee Payment Details (50% Concession On Applicable Fee For Women/Scheduled Caste/Scheduled Tribe/Differently Abled Entrepreneurs).
- ✦Applicable Licence Copies (Such As Municipal Or Panchayat Permission, Food Licence, Etc.).
- ✦Original Title Deed, Antecedent Title Deeds, Encumbrance Certificate For 30 Years, Valuation Certificate Obtained From Approved Panel Valuer Of Pondicherry Industrial Promotion Development And Investment Corporation, Field Measurement Book Copy, Patta Copy, And Legal Opinion Report For The Site And 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
- ₹12.0 Cr