Haryana State Industrial and Infrastructure Development Corporation Limited (HSIIDC) 2011
Haryana State Industrial & Infrastructure Development Corporation Limited (HSIIDC) was launched on 1967 and it is a private Limited Company totally owned through the Government of Haryana. It was established as a catalyst for encouraging and accelerating the pace of industrialization in the State. It supplies a wide scope of financial serves control one roof- the concept being “Total Financial Support” for its patronage.
List of Financial Services HSIIDC Provided
Scheme for Financing Industrial Infrastructure/Commercial Complexes
Working Capital Term Loan (WCTL)
Equipment Finance Scheme (EFS)
Scheme for Corporate Loans
General Term Loan
Scheme for Take-Over of loans of other institutions/banks
Loan under TUF Scheme
Line of credit Scheme (LOC)
Haryana State Industrial and Infrastructure Development Corporation Limited (HSIIDC) have also offered kind of job for qualified candidate better careers. Haryana State Industrial and Infrastructure Development Corporation Limited (HSIIDC) 2011 post recruitment related information coming soon. Interested candidate also get information about up coming jobs recruitment application form, eligibility, how to apply and selection process related on Haryana State Industrial & Infrastructure Development Corporation Limited official website.
Eligibility criteria of Equipment Finance:
The cost of proposed equipment normally should not be more than 50% of the existing gross block;
The applicant company should not be in default with the Institutions/ Banks; and
The unit should be in operation for last four years and should be in profits and/ or declared dividend in the preceding two financial years
The proposed equipment should be separately identifiable
The current ratio should preferably be 1.33:1 or above;
Financing Parameters for Equipment Finance:
Maximum assistance: Rs.500 lacs per proposal
Repayment period: 2 to 5 years
Rate of interest: 12.5% p.a. floating
Processing Fee: 0.20% of loan amount
Upfront fee: 0.50% of loan amount
Haryana State Industrial & Infrastructure Development Corporation Limited,
Plot No: C-13-14, Sector 6,
Written by StudyChaCha
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