How to Apply for Scheme for Small Road Transport Operators (SRTOs) — Startup Loan
Scheme for Small Road Transport Operators (SRTOs) — Startup Loan 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 reviewed by the Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC) itself.
The corporation examines the submitted loan application form, the promoter bio-data, KYC papers and the other supporting documents, alongside the vehicle proposed for purchase, the collateral security offered, and the applicant's eligibility measured against the scheme's criteria.
Once the application fee has been paid, the file moves into an 'UNDER REVIEW' status — that is how the portal indicates the corporation has begun processing it. Applicants can follow this status at any time by opening the 'View My application' link on the dashboard and picking the relevant loan application from the drop-down menu.
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