Loan Scheme for Maintenance, Development and Construction of Roads

Individuals/ firms/ companies engaged in the operation/ development/ maintenance and construction of roads for the last 3 years, working profitably for the last 2 years and have been registered with the government agencies like PWD, CPWD, MES are eligible for financial assistance. The maximum loan assistance of Rs. 240.00 lakhs for corporate bodies and Rs. 120.00 lakhs for proprietary/ partnership concerns is provided for acquiring capital goods/ equipments like road rollers, asphalting units, concrete mixer etc. A debt equity ratio of 2:1 for loans above Rs. 10.00 lakhs and 3:1 for loans upto Rs. 10.00 lakhs will be applied for determining the extent of loan for the project.