|Any individual / partnership firm / Public or Private Ltd. Companies desirous of promoting MSEs (Manufacturing sector) with investment in Plant & Machinery not exceeding Rs. 5 crore and Medium Enterprises with investment in plant & Machinery is above Rs. 5 Crore and upto Rs. 10 crores.|
|Extent of Finance|
|Need based (both fund based and non-fund based)|
|Working Capital/ Medium Term Loan
a) No margin up to Rs.25000/-
b) Credit limit over Rs.25000/-
|Flexible approach:15% – 25% depending on the merits of each case|
i) Assets created out of Bank finance
|As per prevailing rates from time to time|
The entrepreneur is required to furnish information in the application form for availing assistance for agro industrial project, agri infrastructure project and center for excellence. He is required to prepare the detailed project report and get it appraised by the financial institution providing term loan for the proposed project. The interest subsidy shall be granted towards interest on term loan from nationalised banks and financial institutions recognised by Reserve Bank of India. In case the term loan is granted by a co-operative bank, the entrepreneur is required to get the project appraised by GITCO or such organisation nominated by GAIC. The cost of the appraisal shall be borne by the entrepreneur.
The entrepreneur shall get back ended interest subsidy after the project has commenced the commercial production. The certificate from the bank/ financial institution is required to be submitted before disbursement of subsidy can take place. The interest subsidy payable to the entrepreneur will be sent directly to the bank / financial institution.
The entrepreneur is required to obtain ABRN with GAIC for availing assistance under different schemes of the policy. GAIC has prepared ABRN form to get general project information from the entrepreneur. Having registered, the details can be used by GAIC whenever application is received for various kinds of assistance available under the policy. Thus, ABRN will save inconvenience of furnishing details repeatedly and avoid duplication work. ABRN shall also help to have continuous interaction with the entrepreneur.
As per GR 2006 of MSMED.
Section 8 of the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 provides for filing of memorandum by a Micro, Small or Medium Enterprise. Sub-section (2) of section 8 stipulates that the form of the Memorandum, the procedure of its filing and other matters incidental thereto shall be such as notified by the Central Government.
We are providing consulting service for Small Scale Industry Unit for Manufacturer and Exporter.
As per Government GR 2006 all Small Scale Industries has to re-register as SSI UNIT. Here those who has registered before 2006 has to re-register themselves in SSI Unit.
Get benefits in Government Subsidy, Support, etc.
We are providing consultancy service those who are planning to start or setup new Small Scale Industry business as a Manufacturing unit.
To startup new setup of Manufacturing unit you must required to be registered in Small Scale Industry Unit.
We are offering following services to our clients.
– Small Scale Industry (SSI) Registration.
– Import Export Code registration (IEC code registraiton).
– ISO Certification.
– Trademark Registration.
Feel free to contact us for more details or email us.