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Objective
- Promote energy saving in MSMEs in India. Reduce the emission of greenhouse gases, especially Carbon Dioxide (CO2) to contribute towards climate change mitigation and achieve a reduction or avoidance of emissions and pollution through the introduction of financial products. Support MSMEs towards development, up-scaling, demonstration and commercialization of innovative technology based project.
Key Benefits
- Upto 90% of the Project cost with minimum loan amount of `10 lakh and maximum loan amount not to exceed `150 lakh per eligible borrower under this scheme.
- The repayment period including initial moratorium period of upto 6 months, shall not be more than 36 months for loans upto `Rs.50 lakh and 60 months for loans beyond Rs.50 lakh
Eligibility Criteria
- MSME units in the manufacturing or services sector.
- Applicant unit should be in operation for atleast three years and should have earned cash profit in the last two years of operation and should not be in default to any bank/FI.
- Proposal should be in the range of C1-C8
How to Apply / Office To Contact
How to Apply / Office To Contact
Apply Now