Introduction

To create a conductive environment for sustainable, commercially competitive, manufacturing entities, producing high value-added products and a vibrant commercial regime capable of contributing to the enhancement of living standard of the people.

Scope of the Project

• General Loan Scheme
  • All the sub-projects would need to generate additional productive capacity or allow the enterprise to increase its level of operation or improve the quality of a product or improve the price competitiveness of a product.
• Technical Transfer Assistance
  • Scheme Sub-projects under this may focus to upgrade accounting, managerial and technical skills of the sub-project staff or should facilitate operation, management and implementation of projects, by way of consultancy or should upgrade the quality of end products of sub-projects by purchasing quality control equipment inclusive of laboratory equipment. Disbursement of the sub project under this category should be less than 5% of the total project amount.

Maximum Loan Amount

• General Loan Scheme (GLS)
  • The maximum amount of loan under this category is Rs.25 Mn for Small and Micro Entrepreneurs. (However, until the end of 2024, i.e. until 31.12.2024 the maximum loan value allowed is capped for Rs.15Mn)
• Technical Transfer Assistance Scheme (TTAS)
  • Maximum of Rs.2.5 Mn per enterprise could be considered under the TTAS Scheme.

Interest Rate

• 8% p.a.( Fixed)

Terms and conditions will apply