Scheme for Development Maintenance and Construction of Roads

Need-based loan for acquisition of capital goods equipments required for the activity.

The scheme is applicable to existing SSI units engaged in the activity, which have been in operation for at least 3 years, with profits in the last 2 years.

Online

User Manual: https://pipdic.in/uploads/PIPDIC_docs/user_manual.pdf

How to Apply: https://pipdic.in/how_to_apply

Applicant Login: https://pipdic.in/customer_login

Application Link: https://pipdic.in/forms

Grievance Form: https://pipdic.in/grievance_form





Registration Process

Step 1: Registration and Profile Creation

Visit the PIPDIC website. Click "Login". Click the “New customer” link under the “Login” menu, enter a username, email-id, password, and captcha, and then click the "Register" button.

Step 2: Email Verification and Login

Use the registered email-id to log in. An OTP is sent to the registered email address.

The applicant is then required to enter the OTP and click "Login" to access to the customer dashboard.

Step 3: Profile Update

Upon successful login, the customer needs to update their profile by accessing the "Edit Profile" option (top right corner of the dashboard).

The applicant must provide all required details. Click "Submit".



Application Process (Loan Application)

Step 1: Accessing the Loan Application Form

To initiate the loan application process, the applicant must navigate from the customer dashboard by clicking on the "Applications" tab.

Step 2: Reviewing Checklist and Accepting Terms

A pop-up window displaying a checklist of General Terms and Conditions, interest rate structure, investigation fees, and collateral security norms will appear for review.

Carefully read this checklist, confirm that all necessary documents have been gathered as requested, and click the “I Agree” button to proceed to the application form.

Step 3: Filling the Loan Application Form

Fill the multi-step application form, providing appropriate details in all mandatory fields across the required steps.

Step 4: Declaration and Submission

The applicant must carefully read and agree to the comprehensive declaration provided within the application form (covering confirmation of true information, absence of unauthorized borrowing arrangements, and consent to verification) before finally ticking the "I agree to terms" checkbox and clicking the final "Submit" button for the main application form.

Step 5: Promoter Bio-Data and Document Upload

The system will redirect the applicant to enter the Biodata of the Promoter, Partner, or Director, which is typically a multi-step process. The necessary KYC and supporting documents must be uploaded by clicking the "Choose File" button next to each field.

Step 6: Application Fees Payment

Once the entire application and bio-data submission is complete, pay the applicable application fee.

If selecting online payment, the system automatically redirects the applicant to the payment summary page, where they verify their details and make the payment.

Step 7: Receiving and Saving Payment Receipt

Upon successful payment, the user is redirected back to PIPDIC website, where a receipt for the application fee paid is generated.

The applicant can print this receipt or save it to their computer as a PDF for future reference.



Application Status Tracking and Support

The customer can monitor the status of their submitted application (which will initially show a status like 'UNDER REVIEW') by clicking the "View My application" link on the dashboard and selecting the relevant loan application in the drop-down menu.

Application Fees

For loans up to ₹25,00,000/-, the application fee is ₹100/-.

For loans above ₹25,00,000/-, the application fee is ₹200/-.



Grievance Redressal / Help & Support

The applicant can contact the Managing Director, Pondicherry Industrial Promotion Development and Investment Corporation Limited at No.60, Romain Rolland Street, Puducherry 605001.

The office phone number is 0413-2334361.

The email address for contact is info@pipdic.com.

The General Manager (Administration) can be contacted via mobile at 9894653835.

At the Time of Filing Loan Application

Registration and Constitution Documents

Copy of Acknowledgement of MSME Registration Certificate Obtained from Industries Department.

Copy of Partnership Deed and Acknowledgement of Registrar of Firms (In the Case of Partnership Concern).

Memorandum and Articles of Association (In the Case of Private Limited Company).

Bio-Data of All the Promoters (Duly Filled In All Respects as Per the Format Enclosed).

Identity and Address Proofs

Copies of PAN Card.

Copies of Voters Identity Card.

Copies of Ration Card.

Copies of Aadhaar Card.

Financial Documents

Copy of Bank Pass Book.

Balance Sheet and Profit and Loss Account for the Last 3 Years and Bankers Details.

Profitability Statement Detailing Monthly Sales, Income, and Expenditure Details (For Loans Up to ₹10,00,000/-).

Detailed Project Report on the Project (For Loans Above ₹25,00,000/-).

Property and Premises Documents

Copy of Lease Deed for the Work Premises on ₹10.00 Stamp Paper (Or Registered Lease Deed for a Period Not Less than 8 Years for Loans Above ₹25,00,000/-).

Copy of Sale Deed for the Work Premises in Case the Premises is Owned by the Applicant.

Site and Factory Building Plan with Machinery Layout and Civil Estimate (2 Copies) (For Loans Above ₹10,00,000/-).

Machinery and Equipment Documents

Quotation from Selected Supplier for All Machinery and Equipments Proposed with Detailed Specification and Catalogue (Original to be Produced).

Two Comparative Quotations from Standard Suppliers for All Machinery and Equipments Proposed (Original to be Produced).

Comparative Statement for Machinery with Justification for Choosing the Supplier (For Loans Above ₹10,00,000/-).

Selected Machinery Supplier's Client List with Detailed Postal Address.

Copy of Proof for Having Registered as an Approved Supplier with Other Financial Institutions or Banks (For Loans Above ₹10,00,000/-).

Operational Documents

Proof for Sale Price of End Product and Quotations for Main Raw Materials to be Used (Or from Existing Manufacturer/Dealer).

Tie-Up Letters for Marketing the Product.

Quotation or Bill Copies for Each Item of Raw Materials to be Used with Arrangements for Regular Supply (For Loans Above ₹10,00,000/-).

Manufacturing Process Details with Flow Chart (For Loans Above ₹10,00,000/-).

Statistics for Demand and Supply Position of Product with Proof, Existing Competitions, and Major Consumers Details (For Loans Above ₹10,00,000/-).

Details of Effluent and Arrangement Proposed for Treatment and Disposal of Effluent If Any During Process (For Loans Above ₹25,00,000/-).

Consent Letters

Consent Letter to Offer Collateral Security to the Extent Required by PIPDIC.

Consent Letter from Bank for Sanction of Working Capital Loan (For Loans Above ₹10,00,000/-).



During Processing Time or After Sanction of Loan

License Approvals

Applicable Licence Copies Such as Inspector of Factories Approval, Municipal or Panchayat Permission, and Pollution Clearance.

PPA Approval (For Loans Above ₹10,00,000/-).

Collateral Security Documents

Original Title Deed.

Antecedent Title Deeds.

Encumbrance Certificate for 30 Years.

Valuation Certificate.

FMB Copy.

Patta Copy.

Legal Opinion Report for Factory Site and Collateral Security Property.