Small Enterprises

Credit Assistance Scheme for Small & Cottage Industries (small enterprises)

1 Approved Cost Rs.192.294 Million
2 Date of Approval 02-08-2008 (AKCDC)
3 Limit of Loan Rs.0.050 million to 1.000 million
4 Investment Equity
  • Principal Amount provided by the Banks.
  • Mark-up to the banks is being paid by the AKSIC @ KIBOR + 3%
5 Rate of mark-up to the borrowers Interest free
6 Target Groups Small business & industrial entrepreneurs
7 Objectives Provision of markup free loans to the Industrial and Business Community with the collaboration of Banks for employment generation in the private sector.