To provide financial support to contractors of good reputation having category of B+ rating and above, engaged in works of Central Government Department/ State Government Department/PWD/ Public Sector undertakings/ and reputed Private Sector Organisations,
1. Contractors approved / registered with Central or State Government Department/ Defence Agencies/Public Sector Undertaking / Private Sector Organisation.
2. The firm should have at least 3 years’ experience of the type of job proposed to be undertaken & TNW should be positive.
3. There should not be any adverse report against the Contractor and should have successfully completed previous jobs allotted to them.
4. Contractor / Promoter should have completed at least 3 projects successfully in the last 3 years.
5. Contractors should have minimum one contract in hand at the time of application.
6. Udyam Registration Certificate is mandatory.
Rate of interest:
Attractive rate of interest based on RBLR.