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Project Loan Scheme: Rajasthan Government

Project Loan Scheme: Rajasthan Government

scheme June 21, 2016 15 Views

RIICO for the development of industries in the state is giving loans on prevailing rates for setting up of new project(s)/ expansion/modernization/diversification. Investment in land, buildings, plant & machinery, misc. fixed assets, margin money for working capital, etc.

Eligibility:

  • Minimum project cost of Rs. 1 crore for industrial, commercial and infrastructural projects.
  • Security Margin of Minimum 25% and PromoterΓÇÕs Contribution of minimum 30%

Benefits:

                Loan on prevailing interest rates. Repayment in 7-8 years in quarterly instalments including moratorium of 1 year, depending on cash flow

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