SP4WOU
What this is
The scheme aims to assist Qualified Personnel in Medicine, Management, Accountancy, Engineering, Architecture, etc. and Good Borrowers of the Corporation (Industrial Units) for purchase of New Four Wheeler Vehicle (Air Conditioned or Non-air-conditioned) for own use. The applications are online.
In detail
The "Scheme for Purchase of 4 Wheeler for Own Use" was launched by the Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC), Department of Industries & Commerce, Puducherry. The scheme aims to assist Qualified Personnel in Medicine, Management, Accountancy, Engineering, Architecture, etc. and Good Borrowers of the Corporation (Industrial Units) for purchase of New Four Wheeler Vehicle (Air Conditioned or Non-air-conditioned) for own use. The applications for this scheme are accepted online only.
Who qualifies
The scheme is applicable to Qualified Personnel in Medicine, Management, Accountancy, Engineering, Architecture, etc. and Good Borrowers of the Corporation (Industrial Units).
What you get
Loan Limit: Upto 75% of the cost of vehicle.
Interest Concession: 1% for Good Borrowers of ‘A’ category and 0.5% for ‘B’ category.
not about the scheme.
Provenance
| schemeName | Scheme for Purchase of 4 Wheeler for Own Use | 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 |