|ING offers loans to Small Scale Industries at competitive interest rates without any collateral security.
Credit Guarantee Fund Trust for Small Industries [CGTSI]
ING is one of the member lending banks for CGTSI. ING Ltd offers loans of up to Rs 25 lakhs to SSI units under CGTSI at competitive interest rates without any collateral security and / or third party guarantee. In addition the guarantee fee payable to CGTSI would be debited to the account.
Minimum Loan Amount: No Minimum Amount
Maximum Loan Amount: Rs 25 lakhs
The SSI units engaged in activities like manufacturing, processing or SSSBEs, including Information Technology and / or Software industry are eligible.
|Collateral: No additional collateral is required
For more details, write to us at
Small Scale Industry Registration is most important for those who are manufacturers or Exporters to avail Government Benefits for their SSI Unit.
Benefits of Registering
The registration scheme has no statutory basis. Units would normally get registered to avail some benefits, incentives or support given either by the Central or State Govt. The regime of incentives offered by the Centre generally contains the following:
– Credit prescription (Priority sector lending), differential rates of interest etc.
– Excise Exemption Scheme
– Exemption under Direct Tax Laws.
– Statutory support such as reservation and the Interest on Delayed Payments Act.
(It is to be noted that the Banking Laws, Excise Law and the Direct Taxes Law have incorporated the word SSI in their exemption notifications. Though in many cases they may define it differently. However, generally the registration certificate issued by the registering authority is seen as proof of being SSI).
States/UTs have their own package of facilities and incentives for small scale. They relate to development of industrial estates, tax subsidies, power tariff subsidies, capital investment subsidies and other support. Both the Centre and the State, whether under law or otherwise, target their incentives and support packages generally to units registered with them.
The Scheme of voluntary registration of Small Scale, Village and Cottage Industries with the State Directorate of Industries was introduced in 1960 and such registered industrial units were made eligible for different types of assistances by the Governmental Agencies. Initially a uniform norm for registration were not laid down with the result that some of the States had granted different registration numbers to different lines of manufacturing processes to the same unit thereby resulting in multiple registration.
Therefore to avoid such anomalies a uniform set of Application Forms for both Provisional as well as Permanent Registration were evolved out at the time of introduction of the revised procedure of registration of these sectors of industrial undertakings in 1975. With the passage of time, the Government of India, Ministry of Commerce and Industries further simplified the procedures by simplification of the forms for registration and also introduced the coded system to indicate the State, Districts and the unit’s serial number so as to facilitate computerisation of the whole system of SSI registration, in 1989.
Registration of Small Scale, Village and Cottage industries are done under two stages, viz-
- Provisional and
- Permanent Registration
Provisional Registration : Provisional registration is granted to a unit at its pre- investment period to enable it to take necessary steps to apply for financial credit, land or an industrial set, water, power or telephone connections, etc.
Permanent / Final Registration : A provisionally registered industrial unit when it is about to go into production is to apply for grant of Permanent / Final Registration. An existing and functioning industrial unit is eligible to apply for Permanent / Final Registration without going into provisional registration processes.
We are providing services for Laghu Udyog, Small Scale Industry ( SSI Unit ) and Micro Small Medium Enterprises ( MSME ) for there registration and. These units can get good benefits in ISO reimbursement, Export, etc.. from SSI Registration or MSME Registration or SISI Registration or Laghu Udyog in Ahmedabad, Gujarat, India. .
Feel free to contact us
We are providing consultancy services for Small Scale industry Manufacturers and Exporters to be register their SSI Unit to get benefits from Government. Small Scale Industry Unit is know as a Laghu Udyog and SSI Unit.
There are two type of Registration Provisional Registration and Permanent registration.
If your planning to start your Factory/Industry you or Setting up New Business (As Manufacturer or Exporter or Service Provider) they must required Provisional certificate to get Environment Certificate, Term Loan, Interest Subsidy on Term Loan, and various certificate for your esteemed Firm/Organisation.
If you had already setup your Factory/Industry/Business (as Manufacturer or Exporter or Service Provider) it mean to had already started production they will be availing to get Permenant SSI Registration Certificate. We are also providing following services:
- Import Export Licence Code (IEC Code).
- ISO Certification.
- Trademark Registration. etc…
Feel free to contact us for more details.