The Corporation has been operating in the State of Maharashtra sicne 1962 and in the State of Goa and the Union Territory of Daman and Diu since 1964. Most of the industrial activities such as Manufacturing, Assembling, Serivicing, Processing, Preservation, Transportation, Setting - up Industrial Estates, Road Construction etc. The loan amount is worked out considering the debt - equity ratio and minimum promoters contribution norms also ensuring that at least 10 per cent security margin is maintained n the value of fixed assets eligible for loan.
DEBT includes long term loans, deferred payments, etc.
Loan above Rs.50,000 and upto Rs.10 Lakh Loan above Rs. Moratorium upto 2 years from the date of first disbursement during which only interest payment commences. For certain schemes shorter repayment period is prescribed. Need - based additional loans and facilities for deserving units. Longer Moratorium and Repayment Period.