Scheme for Bills Re-discounting Equipment for Manufacturer, sellers, purchaser


Ministry

Ministry Of Finance

Description

For sale/acquisition of machinery on deferred payment terms for setting up of new MSME units is also for expansion, diversification, modernisation, replacement, addition of balancing equipment, etc.

Sponsored By

Central Government of India

Objective

Deferred payment for setting up of new MSME units; for expansion, diversification, modernisation, replacement, addition of balancing equipment, etc.

Eligibility

Manufacturer-sellers/purchaser-users of indigenous machinery/capital equipment one of whom should be in the small scale sector

Beneficiaries

Benefits

Operated through scheduled commercial banks Usance of bills - Normally 2-5 years

How To Apply

A Udyami Helpline: Dial 1800-180-6763 [Toll Free Number] for queries relating to this Schemes.

Contact to

  1. To SFCs Or
  2. To SIDCs Or
  3. To Banks

Status

Active

Sector

Finance



Share this article :

Facebook Twitter Google

See Also




     Comments:


vishal hule is the author of www.newincept.com

Authored By Vishal Hule

Vishal Hule is the founder of www.newincept.com. He is from Pune. Vishal Hule is Software Engineer by profession and political enthusiast too.
His blog, www.newincept.com receives 2,50,000 to 2,70,000 Pageviews/month.