Scheme of Assistance to SC/ST Entrepreneurs
State: Puducherry
Ministry: null
Department: Industries and Commerce Department, Puducherry
Category: Business & Entrepreneurship
Beneficiary Type: Business Entity

The scheme aims to extend financial assistance to SC/ST Entrepreneurs for setting up new Micro Enterprises or for expansion of existing units. The applications for this scheme are accepted online through the PIPDIC portal.

Benefits:
Loan of upto ₹2,00,000/-.
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Eligibility:
New and existing Micro Enterprises, promoted by Scheduled Caste / Scheduled Tribe entrepreneurs.
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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:
Documents Required At The Time Of Application FilingCopy Of Acknowledgement Of Micro, Small And Medium Enterprises Registration Certificate Obtained From Industries Department.
Copy Of Lease Deed For The Work Premises In ₹10.00 Rupees Stamp Paper.
Copy Of Sale Deed For The Work Premises (In Case The Premises Is Owned By The Applicant).
Quotation From Selected Supplier For All Machinery And Equipment Proposed With Detailed Specification And Catalogue (Original To Be Produced).
Two Comparative Quotations From Standard Suppliers For All Machinery And Equipment Proposed (Original To Be Produced).
Selected Machinery Supplier’s Client List With Detailed Postal Address.
Proof For Sale Price Of End Product And Quotations For Main Raw-Materials To Be Used.
Tie-up Letters For Marketing The Product.
Copy Of Partnership Deed And Acknowledgement Of Registrar Of Firm (In The Case Of Partnership Concern).
Copies Of Permanent Account Number Card, Voters Identity Card, Ration Card, Aadhaar Card, And Bank Pass Book.
Copy Of The Community Certificate (In Case Of Scheduled Caste/Scheduled Tribe).
Profitability Statement Detailing Monthly Sales / Income And Expenditure Details.
Consent Letter To Offer Collateral Security To The Extent Required By Pondicherry Industrial Promotion Development And Investment Corporation.
Documentation For Payment Of Investigation Fee @ 0.50% On The Loan Amount Applied Plus Applicable Service Tax (With 50% Concession For Scheduled Caste/Scheduled Tribe Entrepreneurs).
Documents Required During Processing Or After Loan SanctionApplicable Licence Copies, Such As Inspector Of Factories Approval, Municipal / Panchayat Permission, And Pollution Clearance.
Permission From Puducherry Planning Authority, Puducherry.
Power Feasibility Certificate From Electricity Department, Puducherry.
A Copy Of Permission Letter Obtained From The Electricity Department, Puducherry For Captive Generation Of Power (In Case Generator Is Required For The Project).
Copy Of No Objection Certificate/Clearance From Department Of Industries And Commerce/Department Of Science, Technology And Environment From Pollution Angle.
Original Title Deed, Antecedent Title Deeds, Encumbrance Certificate For 30 Years, Valuation Certificate, Field Measurement Book Copy, Patta Copy, And Legal Opinion Report For Collateral Security Property (Valuation Certificate To Be Obtained From Approved Panel Valuer Of Pondicherry Industrial Promotion Development And Investment Corporation).
Original Title Deed/Lease Deed, Antecedent Title Deeds, Encumbrance Certificate For 30 Years, Valuation Certificate, Field Measurement Book Copy, Patta Copy Etc For Factory Site.