State Schemes for MSMEs

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Scheme Name: BICICO Normal Term Loan

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

India's largest not for profit organisation for Small & Medium Enterprises

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