How to Apply for PIPDIC Equipment Acquisition Scheme — ₹5L Loans for Small-Scale Units
PIPDIC Equipment Acquisition Scheme — ₹5L Loans for Small-Scale Units accepts applications online through the official portal on a rolling basis. Follow the steps below — and always confirm the latest details on the official source before you apply.
How to apply
Applications are submitted on the . Confirm the current deadline and document checklist there before you start.
Selection process
Applications are submitted online through the PIPDIC portal. After you file the multi-step loan application, enter the biodata of the promoter, partner or director, upload the required KYC and supporting documents and pay the applicable fee, the file moves into the review queue.
PIPDIC officials then take up the application, and your dashboard status is updated to UNDER REVIEW.
The evaluation centres on three things: whether the applicant qualifies as a small-scale sector organisation, how necessary and how impactful the requested equipment is for the business, and whether the documentation submitted is complete and accurate. Loan approval and disbursement follow a successful review.
You can track progress at any point from the View My application link on your dashboard. Two fees apply at the time of filing — ₹100 for loans up to ₹25,00,000 and ₹200 for loans above ₹25,00,000. Online payments redirect you to a summary page for verification, and a receipt can be saved or printed once the payment goes through.
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