How to Borrow from Financial Institutions...

HOW TO BORROW FROM FINANCIAL & BANKING INSTITUTIONS.

IDBI SCHEMES :

IDBI is currently operating the following schemes for extending assistance to industrial units and achieving the
Objectives set out in its charter.

DIRECT ASSISTANCE :

Project Finance Scheme (loans both in rupees and foreign currency, underwriting, direct subscription and guarantees).
Schemes for Industrial Poll on Control;
Technology Upgradation Scheme.
Venture
Equipment Conservation Scheme;
Technical Development Fund Scheme;
Equipment Finance Scheme;
Leasing;
Direct Discounting Scheme;
Asset Credit Scheme; and
Foreign Currency Assistance Scheme.

INDIRECT ASSISTANCE :

Refinance Scheme for Industrial loans to medium industries
Bills Rediscounting Scheme;
Seed Capital Scheme;
Refinance Schemes for Modernization and Rehabilitation of Medium Industries.
Equipment Refinance Scheme.
Scheme for concessional assistance for manufacture & installation of Renewable Energy System.
Scheme for investment in shares and bonds of other financial institution.

IFCI SCHEMES

( 1) Project Financing Scheme
Under the project financing operations IFCI has introduced the following schemes :

Scheme of Finance for Renewable Energy System;
Scheme of Financing the Development of Industrial Estates;
Scheme of Financing Power Projects.

( 2) Equipment Finance Scheme.

( 3) Equipment Finance for Energy Conservation Scheme.

( 4) Equipment Procurement Scheme.

( 5) Equipment Credit Scheme.

( 6) Suppliers' Credit Scheme

( 7) Scheme for Financing Leasing & Hire Purchase Concerns.

( 8) Scheme of Equipment Leasing.

( 9) Scheme of Financing Corporate Hospitals & Multi Disciplinary Health Centre.

(10) Financing of Renewable Energy System Over Run Financing

(11) Assistance for Development of Technology through in house R&D efforts

(12) Risk Capital Assistance Scheme.

(13) Consultancy Fee Subsidy Scheme.

(14) Interest Subsidy Scheme.

(15) Entrepreneurship Development Scheme

   For full details please refer to NABHI's HOW TO BORROW FROM FINANCIAL AND BANKING INSTITUTIONS.

IFCI Advisory cell for NRI Entrepreneurs

The Industrial Finance Corporation of India (IFCI) has opened a cell for providing counseling and advisory services
to the Non-resident Indian (NRI) entrepreneurs in setting up new Industrial Projects in the country. The cell
would assist such prospective entrepreneurs to assess the techno-economic viability of their proposed projects
and counsel them on suitable finance-mix and tying-up of finance from appropriate, agencies, viz. financial
institutions. banks. mutual funds, venture capital funds as well as from the capital market.

ICICI Schemes

(1) Project Finance Soft Loan Scheme.
(2) Supplier's Line of Credit.
(3) Equipment Leasing System.

For full details about the schemes please refer to NABHI's HOW TO BORROW FROM FINANCIAL AND BANKING
INSTITUTIONS.

Commercial Banks

Besides granting/sharing term assistance up to a certain limit, commercial banks grant finance for working capital
requirement of a project. this can be done on a consortium basis also. For finance by the commercial banks
Reserve Bank of India has issued detailed guidelines as to the terms & conditions of the finance, assessment of
working capital, methods of lending. Credit monitoring, selective credit controls.

Details about these guidelines are given in NABHI's HOW TO BORROW FROM FINANCIAL AND BANKING
INSTITUTIONS.

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