Route · /scheme/fapea

FAPEA

Financial Assistance for Purchase of Existing Assets

PuducherryBusiness EntityState/ UTNo start date

myScheme’s own wording, reproduced in full. Where it is thin, that is the finding, and the completeness checks are below.

What this is

The scheme aims to assist the units who are in existence for a minimum period of 2 years with good track record. The assistance is provided for purchase of existing land, building and machinery with prescribed residual life. The applications for this scheme are accepted online only.

In detail

The "Financial Assistance for Purchase of Existing Assets" was launched by the Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC), Department of Industries & Commerce, Puducherry. The scheme aims to assist the units who are in existence for a minimum period of 2 years with good track record. The assistance is provided for purchase of existing land, building and machinery with prescribed residual life. The applications for this scheme are accepted online only.

Who qualifies

The scheme is applicable to the units which are in existence for a minimum period of 2 years with good track record.

What you get

Loan Limit: Minimum of ₹5,00,000/- and maximum as applicable to term loans.

Interest Rate: 1% more than the prevailing rate.

Repayment: 5 years including moratorium period of 1 year.

Listed by myScheme

Documentation completeness

5 of 9 checks passed

Checks are about the record,
not about the scheme.

✓

Eligibility published here123 characters

✓

Benefit amount published hereamount or quantity stated

✓

Description more than a name283 characters

✗

Implementing agency published herefield absent from the record

✗

How to apply published hereno URL and no offline mode declared

✗

Start date published herenot published

✗

End date published hereno end date recorded, so indefinite by omission

✓

Stored links well-formedall parse

✓

Not expired while still listedno end date

Something missing or wrong on this page? This register only knows what four government sources publish. If you know where the real figure lives, a link to the notification or order is what lets us publish it. Tell us on GitHub

Provenance

Every field above, and where it came from

schemeName	Financial Assistance for Purchase of Existing Assets	myScheme · 2026-09-02
schemeOpenDate	...	not published at source
schemeCloseDate	...	not published at source
nodalMinistryName	...	myScheme · 2026-09-02
dbtScheme	False	myScheme · 2026-09-02
achievement data	...	no source publishes this for any central scheme