Scheme for Marketing Organisations
State: Puducherry
Ministry: null
Department: Industries and Commerce Department, Puducherry
Category: Banking,Financial Services and Insurance, Business & Entrepreneurship
Beneficiary Type: Business Entity

The scheme was launched by PIPDIC, Department of Industries & Commerce, Puducherry. The scheme aims to financially assist entrepreneurs for setting up entrepreneurs setting up of hotel/restaurant projects in urban areas. The applications for this scheme are accepted online through the PIPDIC portal.

Benefits:
- Financial assistance is provided for the purpose of setting up new sales outlets or undertaking renovation and expansion of existing outlets for marketing Village and Small Industries (VSI) Products.
- The maximum total cost of the project that can be considered under this scheme must not exceed ₹25,00,000/-.
- A down payment of at least 50% of the Value of goods purchased is mandatory.

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Eligibility:
Individuals / Partnership Concerns / Private Limited / Public Limited Companies experienced in marketing of Village &amp; Small Industries (VSI) products are eligible.
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Application Process:
[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 ProcessStep 1: Registration and Profile CreationVisit 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 LoginUse 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 UpdateUpon 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 FormTo 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 TermsA 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 FormFill the multi-step application form, providing appropriate details in all mandatory fields across the required steps.
Step 4: Declaration and SubmissionThe 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 UploadThe 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 PaymentOnce 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 ReceiptUpon 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 SupportThe 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 FeesFor 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 & SupportThe 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.

Documents Required:
Checklist for Loan Application: https://pipdic.in/uploads/PIPDIC_docs/CHECK_LIST_FOR_LOAN_APPLICATION.pdf
PIPDIC Entrepreneural Guidance: https://pipdic.in/pipdic_guidance
Particulars to be Submitted after getting Sanction of Loan: https://pipdic.in/particulars_loan
Checklist for Documentation: https://pipdic.in/checklist_doc
Particulars to be Submitted at the Time of Filing Loan ApplicationCopy of Acknowledgement of Micro, Small, and Medium Enterprises Registration Certificate Obtained from the Industries Department.
Copy of Lease Deed for the Work Premises in ₹10.00 Rupees Stamp Paper (For loans up to ₹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/- and up to ₹25,00,000/-).
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 / Banks (For loans above ₹10,00,000/-).
Proof for Sale Price of End Product from the Existing Manufacture / Dealer (For loans above ₹10,00,000/-).
Quotation / 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 (For loans above ₹10,00,000/-).
Details of Existing Competitions (For loans above ₹10,00,000/-).
Major Consumers Details (For loans above ₹10,00,000/-).
Tie-Up Letters for Marketing the Product.
Copy of Partnership Deed and Acknowledgement of Registrar of Firms in the Case of Partnership Firm.
Memorandum and Articles of Association in the Case of Private Limited Company (For loans above ₹10,00,000/-).
Bio-Data of All the Promoters (Duly filled in all respect as per the format enclosed) (For loans above ₹10,00,000/-).
Copies of Permanent Account Number Card, Voters Identity, Ration Card, Aadhaar Card, and Bank Pass Book.
Profitability Statement Detailing Monthly Sales / Income and Expenditure Details (For loans up to ₹10,00,000/-).
Details Asked for in the Application at Page Numbers 12, 13, 14, and 15 are to be Furnished Compulsorily to Prepare Appraisal Report (For loans above ₹10,00,000/-).
Consent Letter from Bank for Sanction of Working Capital Loan (For loans above ₹10,00,000/-).
Consent Letter to Offer Collateral Security to the Extent Required by Pondicherry Industrial Promotion Development and Investment Corporation.
Balance Sheet and Profit and Loss Account for Last 3 Years and Bankers Details for Interested Concerns/Existing Unit (For loans above ₹10,00,000/-).
Investigation Fee (To be paid at 0.50% on the loan amount applied plus applicable service tax for loans up to ₹25,00,000/-; Scheduled Caste/Scheduled Tribe/Women/Differently abled entrepreneurs receive a 50% concession).
Particulars to be Submitted Either During Processing Time or After Sanction of LoanApplicable Licence Copies, Including Inspector of Factories Approval, Municipal / Panchayat Permission, and Pollution Clearance etc.
Puducherry Planning Authority Approval (For loans above ₹10,00,000/-).
Original Title Deed for Factory Site and Collateral Security Property (If applicable).
Antecedent Title Deeds.
Encumbrance Certificate for 30 Years.
Valuation Certificate (Obtained from approved panel valuer of Pondicherry Industrial Promotion Development and Investment Corporation).
Field Measurement Book Copy (FMB Copy).
Patta Copy.
Legal Opinion Report for Factory Site and Collateral Security Property (If applicable).