Chhattisgarh Payment Facility for Sick Enterprises — 36 EMIs

This is not a grant and not a fresh loan. It is a structured way for a struggling Chhattisgarh business to clear what it already owes, delivered under the Chhattisgarh Industrial Development Policy 2024-30 by the state's Department of Industries.

A unit that has been formally recorded as sick is often pushed to the wall by a single, immediate payment demand — with liquidation or heavy penalties waiting on the other side. The facility removes that cliff edge. By turning one lump-sum obligation into a series of fixed instalments, it gives promoters room to steady their cash flow, attend to operations and keep the jobs attached to the business intact.

Entry turns entirely on status. Only an enterprise that the competent authority in Chhattisgarh has declared sick can use the facility, and the repayment plan covers the principal along with any penalties, interest and surcharges that have built up on it.

There is no application window to catch. The facility stays open on a rolling basis, and requests move through the state's single-window portal.

• Declared sick enterprises in Chhattisgarh can clear pending dues in 36 monthly instalments or 12 quarterly instalments
• The plan covers the principal plus accrued penalties, interest and surcharges
• Applications run on a rolling basis — there is no closing date
• No new funding and no equity dilution; this is a repayment restructuring
• Delivered under the Chhattisgarh Industrial Development Policy 2024-30
• Sick status must be declared by the competent authority before applying

Eligibility here rests on one test: the enterprise must have been formally declared sick by the competent authority in Chhattisgarh.

• The sick declaration must already exist before an application is made — it is the qualifying condition, not something the facility itself grants.
• Because this is a state instrument under the Chhattisgarh Industrial Development Policy 2024-30, the enterprise concerned is one operating in Chhattisgarh.
• The published eligibility condition does not lay down separate sector, business-stage or entity-type filters. The declaration is what opens the door.
• The stated criteria do not mention DPIIT recognition or MSME registration; sick status is the test that matters.

Chhattisgarh Payment Facility for Sick Enterprises — 36 EMIs is open to startups at any stage. It is open to startups registered anywhere in India.

Chhattisgarh Payment Facility for Sick Enterprises — 36 EMIs accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

No new money enters the business through this facility. The help comes as time rather than cash: repayment of dues already owed is restructured, and no equity changes hands in the process.

What can be paid through the plan:

• The principal amount of the pending dues
• Penalties that have accrued on it
• Interest and surcharges attached to those dues

Repayment options:

• 36 monthly instalments of equal value
• 12 quarterly instalments of equal value

The value of the relief varies from case to case, since it is fixed by the dues assessed against the enterprise rather than by a set ceiling.

Because the load is spread into predictable, evenly sized instalments, the enterprise is spared the pressure of settling everything at once. That breathing space is meant to be put to use reorganising operations and rebuilding revenue instead of fighting immediate collection.

Chhattisgarh Payment Facility for Sick Enterprises — 36 EMIs is offered by Department of Industries, Government of Chhattisgarh, a government body. As a government-backed debt / loan, it is publicly funded and open to eligible startups across India.

Approval follows from verification of status, not from a competitive round.

1. Sick status is established. A financial institution or a designated government body determines whether the enterprise qualifies as sick, applying criteria such as its financial performance, erosion of net worth and its inability to meet debt obligations.

2. The application is filed under the policy. Once the declaration is in place, the enterprise applies for the payment facility under the Chhattisgarh Industrial Development Policy 2024-30, setting out the dues it wants restructured and the instalment pattern it prefers.

3. Review against policy terms. Authorities examine the request to confirm it complies with the conditions of the policy.

4. Verification of dues and eligibility. The outstanding amounts and the enterprise's eligibility status are checked.

5. Approval of the payment plan. The structured repayment schedule is sanctioned, after which the enterprise pays according to the monthly or quarterly instalments it has opted for.

Before you apply to Chhattisgarh Payment Facility for Sick Enterprises — 36 EMIs, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.