Documents Required

The documents required vary based on the loan amount you are applying for. Here's a breakdown:

For Loan Applications Up To ₹10,00,000/-

1. Copy of Micro, Small, and Medium Enterprise (MSME) Registration Certificate acknowledgement from the Industries Department.
2. Copy of Lease Deed for the work premises (on ₹10.00 stamp paper) or Sale Deed if owned.
3. Quotations from selected suppliers for all proposed machinery and equipment, including detailed specifications and catalogues (originals to be produced).
4. Two comparative quotations from standard suppliers for all proposed machinery and equipment (originals to be produced).
5. Client list of the selected machinery supplier with full postal address.
6. Proof of sale price for the end product and quotations for main raw materials.
7. Tie-up letters for marketing the product.
8. For Partnership Concerns: Copy of Partnership Deed and acknowledgement from the Registrar of Firms.
9. Personal identification documents: PAN Card, Voter ID, Ration Card, Aadhaar Card, and Bank Pass Book.
10. Profitability statement detailing monthly sales, income, and expenditure.
11. Consent letter to offer collateral security as required by PIPDIC.
12. Investigation fee: 0.50% of the loan amount plus applicable service tax. (50% concession for Women/SC/ST/Differently Abled entrepreneurs).

Additional Documents For Loan Applications Above ₹10,00,000/- & Up To ₹25,00,000/-

1. Site and factory building plan with machinery layout and civil estimate (2 copies), prepared by an approved valuer from PIPDIC's panel.
2. Comparative statement for machinery, with justification for supplier selection.
3. Proof of registration as an approved supplier with other financial institutions/banks, along with the selected machinery supplier’s client list.
4. Proof of sale price for the end product from existing manufacturers/dealers.
5. Quotation/Bill copies for each type of raw material, with arrangements for regular supply.
6. Details of the manufacturing process with a flow chart.
7. Market research data: Statistics on demand and supply for the product, details of existing competition, major consumers, and tie-up letters for marketing.
8. For Private Limited Companies: Memorandum and Articles of Association.
9. Bio-data of all promoters (duly filled as per the prescribed format).
10. Details requested in pages 12, 13, 14, and 15 of the application form for appraisal report preparation.
11. Consent letter from your bank for sanctioning working capital loan.
12. For existing units: Balance Sheet and Profit & Loss Account for the last 3 years, and banker’s details.

Additional Documents For Loan Applications Above ₹25,00,000/-

1. Copy of Registered Lease Deed for the work premises for at least 8 years, or a consent letter to produce it.
2. Detailed Project Report.
3. Track record, name, address of concerns, and type of consultancy services rendered (if any).
4. Details of effluent treatment and disposal arrangements (if applicable).
5. Investigation fee: 0.75% of the loan amount plus applicable service tax. (50% concession for Women/SC/ST/Differently Abled entrepreneurs).

Documents To Be Submitted During Processing or After Loan Sanction

1. Copies of applicable licenses, including Inspector of Factories approval, Municipal/Panchayat permission, and Pollution Clearance.
2. Puducherry Planning Authority approval (for loans above ₹10,00,000/-).
3. Original Title Deed.
4. Antecedent Title Deeds.
5. Encumbrance Certificate for 30 years.
6. Valuation Certificate from an approved panel valuer of PIPDIC.
7. Field Measurement Book (FMB) Copy.
8. Patta Copy.
9. Legal Opinion Report for collateral security property.