23 May 2015
It depends upon size of the project/project cost. Mainly the promoter/entrepreneur has to submit following information:
1. Application form. 2. List of total movable and immovable Assets of the promoters and liabilities (Means report of promoters/guarantors). 3. Income Tax and Wealth Tax details of last three years, with copies of Assessment. 4. Registration Certificate as SME or otherwise from the concerned District Industries Centre. 5. Memorandum of Articles of Association and Certificate of incorporation (in case of Company). 6. Registration with the concerned department such as Tourism Department, and the license for eating house in case of Hotel Industry. 7. Permission/license from Competent Authority (in case of Textile, Drugs, Foods etc.). 8. Details of power requirement and tie-up with State Electricity Board. 9. Permission from Pollution Control Board. 10 Detailed project report incorporating/covering following aspects: a) Introduction about the promoter, giving his/their complete Bio-data(i.e. age, educational and professional qualification, Past experience, Present activity) b) Manufacturing process. All operations, which are to be carried out from the Raw Material stage to be finished stage, are to be explained in detail. c) Market demand, market supply, competitors. d) Installed capacity of the plant, capacity utilization, during the entire period of loan say five to seven years. e) Complete details about the land and building (sale deed of land, land use orders/approved plan of building/estimates of construction expenses by the engineer/Architect. f) Details of the Plant Machinery along with quotations from suppliers. h) Cost of the project/Means of finance as under : Cost of project: Land Building Plant and Machinery Misc. Fixed Assets Contingencies Pre-operative Expenses Margin on Working Capital Means of Finance Term loan Promoters Contribution Subsidy (if applicable) Special Capital Assistance (capital subsidy or seed capital)
i) Calculation of Depreciation: j) Calculation of Interest and Repayment of Term Loan along with working of DSCR. 1. The cost of production and profitability statement for the loan repayment period covering All annual expenses (e.g. raw material,direct/indirect labour,power, repair-maintenance other Utilities, Administrative expenses, Salaries, Selling expenses, packing and forwarding expenses etc). (five/seven years): k) Projected Balance Sheet: l) Working of Break Even Point: m) Fund flow statement n) Working capital requirement, showing the margin on working capital and Bank finance required. Items considered for working capital are: o Raw material stock o Finished Goods stock o Work in process o Bills receivable o Working expenses
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