GOVERNMENT OF INDIA
MICRO, SMALL AND MEDIUM ENTERPRISES
SCHEME FOR FINANCING MSME SERVICE UNITS
TERM LOAN:
For acquiring fixed assets like land, office/workplace building, equipments &
infrastructure (by new enterprises) and in case of existing units for expanding
office/workplace accommodation, renovating and modernizing the existing
office/workplace with a view to improving the quality or reducing service cost,
creating additional infrastructure facilities, like setting up of Research &
Development Centres / Testing Laboratories, purchase of vehicle (other than the vehicles meant for personal use) which are required exclusively for rendering service and marketing needs of the unit, future receivables (as defined under para 6(iv) etc.
The MSME Term Loan for following purposes is 25%, For remaining 75% you can avail loan
a. Purchase of Land for construction of building of workplace thereon
b. Construction of Building on land purchased through Bank’s finance
c. Construction of Building on land owned by borrower
d. Constructed Workplace Building
For more details click here
MICRO, SMALL AND MEDIUM ENTERPRISES
SCHEME FOR FINANCING MSME SERVICE UNITS
TERM LOAN:
For acquiring fixed assets like land, office/workplace building, equipments &
infrastructure (by new enterprises) and in case of existing units for expanding
office/workplace accommodation, renovating and modernizing the existing
office/workplace with a view to improving the quality or reducing service cost,
creating additional infrastructure facilities, like setting up of Research &
Development Centres / Testing Laboratories, purchase of vehicle (other than the vehicles meant for personal use) which are required exclusively for rendering service and marketing needs of the unit, future receivables (as defined under para 6(iv) etc.
The MSME Term Loan for following purposes is 25%, For remaining 75% you can avail loan
a. Purchase of Land for construction of building of workplace thereon
b. Construction of Building on land purchased through Bank’s finance
c. Construction of Building on land owned by borrower
d. Constructed Workplace Building
For more details click here