Equipment Finance Scheme (EFS): Rajasthan Government

Objective:

                Providing quick finance to well establish industrial units for acquisition of capital goods/ equipment not related to any specific project both indigenous and imported.

Eligibility:

• Have been in operation for at least 4 years.
• Have earned cash profits and/or have declared dividend on equity shares during preceding 2 financial years.
• Not in default to financial institution(s)/ bank(s) in the payment of its dues.

Features:

• Loan Limit: 4 Crores
• Security Margin: 25 %
• Promoter’s Contribution: 22.5 %
• Interest Rate: Prevailing Rate
• Repayment Method: 5 years in quarterly instalments including moratorium of 6-12 months, depending on repayment capacity.

For More Info: Click Here