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I propose to start a new project with project cost of Rs.100 lakhs. How can I get a loan from KSIDC?.
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KSIDC provides financial assistance to medium and large scale projects proposed by Companies. The proponent shall essentially be a Company registered under the Companies Act. The minimum project cost shall be Rs.200 lakhs for general industry and Rs. 300 lakhs for Tourism, Hospital and Infrastructure projects.
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I want to start a trading firm/dealership of white goods and my investment is Rs. 5 crores.. Can I approach KSIDC for term loan.?
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KSIDC fund industrial/manufacturing projects and selected industries under service sector.(Tourism & hospital projects) only.
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Do you have startup funding scheme?
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Please go through the link
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What are the documents to be produced for term loan?
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Initially, a detailed project report has to be submitted, establishing the techno economic feasibility of the project. After preliminary screening, additional documents as mentioned in the Checklist including copy of land documents, estimate/quotation of fixed assets proposed to be acquired, affidavits in prescribed format etc, are required to be furnished..
For more details link -
Do I have to provide personal guarantee
- Yes personal guarantee of promoters shall be provided for the term loan.
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