1 Financing of SMEs (Cottage/micro Industries/Artesian/Crafts Men- Women and House hold/Income Generating Enterprises).

Cost of the project Rs. 300.000 Million
2 Customized lending program for furniture cluster at Chinot.

Cost of the project Rs. 1. 00 Million.
3 Study to review the role of PSIC in emerging priority of private sector development.

Cost of the project Rs. 2.000 million.
4 Customized lending program for promotion and development of Hand looming and crafts board textiles.

Cost of the project Rs. 1.00 Million.
Plan Provision
ADP 2008-09               Rs. 20.00 Million
ADP 2009-10               Rs. 10.00 Million
ADP 2010-11               Rs. 10.00 Million

    • Financial Assistance for purchase of looms. Equipment, tools & raw material
    • Loan limit per unit up to Rs. 50,000/-
    • Markup – Free
    • Processing fee and 6% of the loam administration charges amount with No other charges.
    • Security of loan – one surety
    • Repayment – In 22 equal monthly installments after grace period of 2 months
    • Late Payment presently  @ Rs. 200/- per month
5

Financing of SMEs (for small scale manufacturing industries/service projects).Cost of the project Rs. 200.000 Million.

Rs. 2.000 Million for Small Industry

Debt. Equity Ratio 60:40
Markup Simple Markup

@ 12% P.A for projects outside the PSIC (SIEs)

@ 8% P.A for project inside the PSIC SIEs
Grace Period for service provider One month from date of last installment or 3 months from   disbursement of 1st installment which ever is earlier.
Grace period for manufacturing sector 6 months from date of last installment or 1- year from disbursement which ever is earlier.
Repayment

Quarterly installments in 5*2 from including the grace period for manufacturing and service provider respectively.
Age Limit Minimum 21 years on the date of submission of application.