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Term Loans

This scheme is to be operated on similar lines to the existing normal term loan schemes. It is intended to finance procuring of DG sets and accessories by existing profit making companies. The applicant should have posted a net profit in the preceding financial year. A minimum assistance of Rs. 10 lakhs with a maximum limit of Rs. 250 lakhs will be considered for financing by maintaining a debt equity ratio at 2:1 for the scheme. A collateral security at 10% of the cost of the scheme will be required.


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