Loan Scheme For Small And Medium Enterprises

General term loan scheme  undertaken by Government of Goa for small and medium industrial activities to increase their productivity and to enlarge their business empire .

Objective :

To provide loan to small and medium industrial activities to acquire fixed asset like land, building, plant and machinery and other miscellaneous assets.

Eligibility:

• Units setup as small, medium and large enterprises.
• Existing industries can also participate in expansion of assets.
• Tourism related activities, health care units, renewable energy units and other commercial (warehouse, cold storage) are also considered for financial assistance.

Benefits:

Proprietary concern	Rs.200 lakh
Partnership concern	Rs.400 lakh
Corporate bodies	Rs.750 lakh

Interest Rate:

Term Loan upto Rs.50.00 lakh –	11.5% p.a (Fixed)
Term Loan above Rs.50.00 lakh  to Rs 100 lakhs-	11.5% to 13.50% p.a.
Above Rs 100 lakhs	11.5% to 14.5%  pa

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