• ARS is available to all eligible banks.
• The objective of ARS is to expedite the flow of assistance under refinance scheme.
• Schemes covered under ARS - Composite Loan Scheme (CLS), Single Window Scheme (SWS), Refinance for Small Road Transport operators (SRTOs), Refinance Scheme for Technology Development and Modernisation (RTDM), Refinance Scheme for Acquisition of ISO series Certification, by SSI unit (RISO 9000), Refinance Scheme for Rehabilitation of Sick Industrial Units (RSR), Relief refinance Scheme (RRS), National Equity Scheme (NEF), Mahila Udyam Nidhi (MUN) and General Refinance Scheme (GRS).
• SIDBI does not carry out any appraisal of the proposal and completely relies on the scrutiny carried out by Primary Lending Institutions.
• Ceiling on refinanceable amount under ARS is as follows:

• NRS is available to all eligible banks
• All eligible proposals over and above the ceiling mentioned in ARS are covered under NRS
• Schemes covered under NRS - Single Window Scheme (SWS), Refinance Scheme for Rehabilitation of Sick Industrial Units (RSR), National Equity Scheme (NEF) and General Refinance Scheme (GRS).
• SIDBI carries out re-appraisal of proposals submitted under NRS based on the appraisals done by the PLIs.

• Line of Credit is available to all eligible financial institutions.
• The objective of LOC is to provide a consistent credit facility to all eligible financial institutions.
• Schemes covered under LOC - Composite Loan Scheme (CLS), Single Window Scheme (SWS), Refinance for Small Road Transport operators (SRTOs), Refinance Scheme for Technology Development and Modernisation (RTDM), Refinance Scheme for Acquisition of ISO series Certification by SSI unit (RISO 9000), Refinance Scheme for Rehabilitation of Sick Industrial Units (RSR), Relief refinance Scheme (RRS), National Equity Scheme (NEF), Mahila Udyam Nidhi (MUN), Self Employment for Ex-servicemen Scheme (SEMFEX) and General Refinance Scheme (GRS).
• SIDBI does not carry out any appraisal of the proposal and completely relies on the scrutiny carried out by Primary Lending Institutions.

For setting up new small scale units or expansion, modernisation, diversification etc. of existing units and for all activities eligible for assistance under the scheme including professional practice/consultancy venture and service sector units such as tourism related activities / hospitals / nursing homes / polyclinics / hotels / restaurants / marketing and industrial infrastructural projects.

All forms of organisations in the small scale sector (i.e.,proprietary, partnership, company, co-operative society) etc.

For infrastructure development - All forms of organisations such as public/ pvt ltd. cos., partnerships, sole proprietary, municipalities, SIDCs.

Scheme operated through SFCs/SIDCs/banks.

Cost of project in respect of service sector units not to exceed Rs.200 million for banks and as prescribed by IDBI/SIDBI for SFCs/SIDCs.

To meet gap in prescribed minimum promoters' contribution and/or in equity

Small entrepreneurs for setting up new projects in tiny / small scale sector and rehabilitation of potentially viable sick SSI units irrespective of the location. Existing tiny and small scale industrial units and service enterprises [tiny enterprises would include all industrial units and service industries (except Road Transport Operators) satisfying the investment ceiling prescribed for tiny enterprises] undertaking expansion, modernisation, technology upgradation and diversification can also be considered irrespective of the location.

Scheme operated through SFCs / twin function SIDCs / Scheduled Commercial Banks / Select Urban Co-operative Banks

Cost of project - Not to exceed Rs.5 million

Soft Loan limit - 25% of cost of project subject to a maximum of Rs.10,00,000 per project .

Service Charges - 5% p.a. on soft loan

To meet gap in equity

Women entrepreneurs for setting up new projects in tiny / small scale sector and rehabilitation of viable sick SSI units. Existing tiny and small scale industrial units & service enterprises [tiny enterprises would include all industrial units and service industries (except Road Transport Operators) satisfying the investment ceiling prescribed for tiny enterprises] undertaking expansion, modernisation technology upgradation & diversification can also be considered.

Scheme operated through SFCs / twin function SIDCs / Scheduled Commercial Banks / Select Urban Co-operative Banks

Cost of Project - Not to exceed Rs.1 million

Soft Loan limit - 25% of cost of Project subject to a maximum of Rs.2,50,000 per project.

Service charges - 1% p.a. on soft loan

To meet expenditure towards cost of chassis, body building, initial taxes/ insurance and working capital. Second-hand vehicles are not eligible for assistance

Small road transport operators

Loan limit - Need based

(20 vehicles per operator including existing vehicles)

The Scheme is operated by the Ministry of Textiles, Govt. of India. Policy guidelines are issued by the office of Textile Commissioner, Govt. of India.

TUFS has been launched with a view to sustaining as well as improving the competitiveness and overall long term viability of the textile sector. The scheme intends to provide timely and adequate capital at internationally comparable rates of interest in order to upgrade the textile industry's technology level.

SIDBI is the nodal agency for SSI textile sector and cotton ginning and pressing sector.
For SSIs: The borrowers can avail of any one of the follwoing benefits: 5% interest reimbursement on the interest actuallycharged in respect of rupee loan or coverage of exchange rate fluctuation not exceeding 5% p.a. from the base rate or cost of forward cover premium upto 5% p.a. on the base rate of exchange in respect of foreign currency
OR
15% Credit Linked Capital Subsidy on eligible investment made for modernisation, for Small Scal Textile and Jute Indutries in respect of Rupee Loans; The units are permitted to make new investment eligible under TUFS upto Rs. One crore or till the unit reaches SSI limit, whichever is higher.
OR
20% Credit linked Capital subsidy (CLCS @20%) on machinery cost exclusively for powerloom units in SSI sector. The cost of modern weaving machinery admissible is upto Rs. 60 lakh (i.e. Subsidy ceiling is Rs. 12 lakh).

For textile processing units, 10% capital subsidy is being given as an additional incentive since April 19,2005 apart from the 5 % interest incentive.

For units graduationg out of SSI and Medium Sector Enterprises (MSEs): The borrowers can avail 5% interest reimbursement on the interest actually charged in respect of rupee loan or coverage of exchange rate fluctuation not exceeding 5% p.a. from the base rate or cost of forward cover premium upto 5% p.a. on the base rate of exchange in respect of foreign currency loan.

SSI units, SSI units graduationg out of the sector after implementation of the schemeand MSEs in the Textile sector and Cotton Ginning and Pressing sector can be covered.

Not to exceed 2:1 for the company/firm/concern as a whole

Amount of term loan shall be need based but not below Rs. 10 lakh.

For SSI units graduating out of the sector, the amount of loan shall be decided on a case to case basis.

As per the commercial lending rate of SIDBI . Presently , within band of 9.5% to 13.5%

20 per cent of the project cost for rupee term loan.

33.33 per cent of the cost of project for foreign currency term loan

1% of the loan amount

Till March 31, 2007

Not exceeding 10 years, including moratorium upto 2 years , based on the merits of the individual case.

Expenses on consultancy, documentation, audit, certification fees, equipment and calibrating instruments required would be taken into account for determining the loan requirement

Existing industrial concerns in the SSI sector having a good record of past performance and sound financial position. The concerns should :

a) have been in operation for a period of at least two years;

b) have earned profit and / or declared dividend during the preceding two financial years; and,

c) not be in default to institutions / banks in payment of their dues

Scheme operated through all eligible Primary Lending Institutions except Regional Rural Banks

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To provide both term loan for fixed assets and loan for working capital through the same agency. The total working capital requirement of such units inclusive of all fund based facilities may be taken into account for determining the working capital facility eligible for refinance

Entrepreneurs setting up new projects in SSI / tiny sector, new promoters acquiring unencumbered fixed assets of existing SSI concerns from PLIs, as also existing well run units undertaking modernisation / technology upgradation and potentially viable sick units undertaking rehabilitation scheme

Scheme operated through SFCs / twin function IDCs / scheduled commercial banks / eligible state co-operative banks / scheduled urban co-operative banks

Term Loan - Not to exceed Rs.20 million

For providing assistance for rehabilitation of potentially viable sick units

Potentially viable SSI units including units in cottage and village industries and in tiny sector, conforming to definition of sick SSI unit as prescribed in RBI guidelines. The assistance is meant for sick SSI units for which proper rehabilitation packages have been drawn up. Units eligible for rehabilitation assistance should be capable of being restored to normal health within a reasonable time.

Scheme operated through Primary Lending Institutions [PLIs]