1. The Scheme:
The scheme is to provide financial assistance
for the construction of Warehouse/Storage
facility predominantly for storing goods
manufactured by SSI units thereby providing
a necessary infrastructural facility to
this sector.
2. Eligibility:
Corporate bodies, partnership and proprietary
concerns are eligible to avail asssistance
under this scheme.The godowns/warehouses
shall be located in places having good scope
and business potential, proximate to Railway
Station and Industrial Estates.
3. Purpose of assistance: To
construct Warehouse / Storage godown and
to purchase material handling equipments.
The equipments such as overhead cranes,
forklifts, weighing machines, cold storage
facilities can also be considered for assistance
4. Project Cost:
Need based
5. Promoter's contribution:
The minimum promoter's contribution shall
be 35% of project cost.
6.
Repayment period:
Maximum of 9 years including initial moratorium
of upto 2 years.
7. Collateral
security:
Collateral security to the extent of 50%
of loan amount shall be offered.