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| Incentive Schemes for SMEs & Other Sectors |
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| Refinance Facility for Modernization of SMEs |
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Medium to long term financing is available to SMEs for modernization of their existing units or setting up of new SME units |
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Financing is available against local purchase/ import of new machinery at mark-up rate of upto 6 percent p.a. |
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Financing is also available for carrying out civil works upto 20 percent of total project cost for conversion of conventional brick kiln and upto 50 percent of total project cost for new zigzag technology based brick kiln |
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Financing limit for Small Enterprises is Rs. 25 million and for Medium Enterprises is Rs. 200 million |
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Maximum financing tenor is 10 years including grace period of 6 months |
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Shariah compliant version of this scheme is also available |
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| Click here for detailed features of the scheme |
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