Bureau for Facilitating MSMEs of Tamil Nadu (FaMe TN)
(A Section 8 company under MSME Department, Government of Tamil Nadu)
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Financing end-to-end Energy Efficiency Investments in MSMEs (4E Financing scheme)
Government of India, Ministry of MSME
Small Industries Development Bank of India
Financing end-to-end Energy Efficiency Investments in MSMEs (4E Financing scheme)
You can get financial aid to buy energy-saving machines.
Objective
Key Benefits
Eligibility Criteria
How to Apply / Office To Contact
Objective
To provide financial assistance for purchase of energy efficient machineries.
Key Benefits
Term loans provided for machinery purchase, up to INR 3 crore.
Cash collateral of 25% required under 100% funding model.
Interest rates range from 5.90% to 7% per annum.
Loan tenure is up to 60 months.
Eligibility Criteria
Applicant must be an MSME in manufacturing or services sector, operating for 3 years.
Must have cash profit for 2 years.
Promoter’s contribution required is a minimum of 10% of the project cost.
How to Apply / Office To Contact
Connect with Small Industries Development Bank of India (SIDBI).
How to Apply / Office To Contact
Apply Now