Working Capital Finance
Export Development Finance
Equipment Leasing Scheme
Raw Materials Procurement Support
Marketing Assistance Programme & Exports
Single Point Registration Scheme & other
Bills drawn by small scale
units for the supplies made to the reputed and well established enterprises
and duly accepted by them will be financed / discounted by NSIC for a maximum
period of 90 days.
Finance for augmenting working
capital of viable and well managed units, on selective basis in case of
emergent requirements, to enable them to payoff their purchases of consumable
stores and spares and production related overheads particularly electricity
bills, statutory dues, etc.
Finance for export development
to export oriented units for meeting their emergent requirements. Pre and
post shipment finance shall also be provided to such units at usual terms
EQUIPMENT LEASING SCHEME
The object of the Leasing
Scheme is to assist SSI Units to procure industrial equipment for modernisation,
expansion and diversification of their industries.
Exclusively for existing
&& financially viable SSI units including ancillary units, duly
registered as SSI units with the Directorate of Industries.
100% financing at very liberal
terms with easy repayment schedule.
Simple formalities and speedy
Single window system for
imported equipment. The Corporation undertakes to complete formalities
like procuring import licence, opening of Letter of Credit etc.
Tax rebate on full 5 year
Lease period of 5 years
extendable by another 3 years.
Repayment as lease rental
at the rate of Rs.24 per Rs.100 per month of the cost of machine. There
is no separate interest.
Minimum assistance provided
is Rs.100,000 and maximum subject to SSI ceiling of Rs.6,000,000 or Rs.7,500,000
in case of an ancillary unit. The value of installed machinery at original
cost including value of the machine proposed to be obtained under leasing
should not exceed Rs.6,000,000 or Rs.7,500,000 in case of an ancillary
The unit will have to pay
the following before the order for equipment can be placed on the supplier
Amount equal to three months
rental (six months rental for special equipment) and
Approximately 7% cost of
the equipment (8% for Imported equipment) to cover the insurance charges
of the machinery for the period of lease i.e. 5 years and administrative
charges of the Corporation.
The unit/party must carefully
read the terms and conditions and also the list of the documents to be
furnished alongwith the application as printed on the application form.
The party will have to execute
an Agreement Bond before delivery of machine.
Payment of lease rental will
start after three months of delivery of machine.
The cost of the application
form is Rs.25/-.
The application can be submitted
to NSIC Branch Office/Regional Office of the area in which the unit is