Home / State Schemes for MSMEs
State: Bihar
Description of the Scheme: Provides financial assistance. Repayment period normally varies from 8 to 10 years. Interest rate 15.5% (PLR)
Target group :
Sector of the Scheme:
Eligibility Criteria:
Nature & Mode of Assistance: Loan up to Rs .90 lakhs is provided for setting up an industrial unit in small/medium/large sector
"Financial Information (Subsidy, low interest rate, etc.)":
"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":
How to apply: Submit applications in triplicate for normal term along with copy of project reports to the Corporation.
Loan application form: http://www.bicico.com/contents/applicationform.doc
Whom to Contact: Bihar State Credit and Investment Corporation Limited. 4th Floor,Indira Bhawan
Ramcharitra Singh Path, Bailey Road Post Box No-204 GPO
Patna 800 001(INDIA)
E-mail:mdbicico@gmail.com