Route · /scheme/stfagb

STFAGB

Short Term Financial Assistance To Good Borrowers

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 meet short term financial requirements related to executing specific orders, seasonal fund increases, or firm export orders. Benefits include loans ranging from ₹5,00,000/- to ₹50,00,000/-, primarily targeting existing Medium Scale Industry and Small Scale Industry units.

In detail

The scheme “Short Term Financial Assistance To Good Borrowers” was launched by the Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC), Department of Industries & Commerce, Puducherry. The scheme aims to meet short term financial requirements, such as fund needs for executing specific orders, addressing seasonal increases in fund requirements, or fulfilling firm export orders. The scheme provides financial assistance ranging from a minimum of ₹5,00,000/- to a maximum of ₹50,00,000/-. The applicant must be an existing Medium Scale Industry or Small Scale Industry unit classified as ‘A’ or ‘B’ Category, or an existing Good Borrower who has repaid 30% of the Principal amount. The scheme is implemented by PIPDIC. The applications for this scheme are accepted online.

Who qualifies

Existing units of MSI and SSI classified as A and B Category.
Existing Good Borrowers who have repaid 30% of the Principal amount. Units assisted by other financial institutions / Banks. Group concerns of the Clients of the Corporation, with an excellent track record of 4 years and operating on Profitable lines.

What you get

The minimum loan limit available is ₹5,00,000/-.
The maximum loan limit available is ₹50,00,000/-.
The intended use of the funds is to meet short term financial requirements. This includes meeting the requirements of executing specific orders, seasonal increase in fund requirements, and firm export orders.

##### Disbursement

100% of the loan amount shall be released immediately after completion of documentation and fulfilling the other norms of the Corporation.

##### Conditions

_The loan repayment period for amounts up to ₹10,00,000/- is 12 months._
_The loan repayment period for amounts above ₹10,00,000/- up to ₹25,00,000/- is 18 months._
_The loan repayment period for amounts above ₹25,00,000/- up to ₹50,00,000/- is 24 months._
_The applicant must offer collateral security for a value of 150% of the term loan._
_If the applicant is a non-assisted unit, the quantum of loan will be decided based on the merits of the individual case and the security offered._

Listed by myScheme

Documentation completeness

5 of 9 checks passed

Checks are about the record,
not about the scheme.

✓

Eligibility published here326 characters

✓

Benefit amount published hereamount or quantity stated

✓

Description more than a name291 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

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Provenance

Every field above, and where it came from

schemeName	Short Term Financial Assistance To Good Borrowers	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