How to Apply for PIPDIC Road Development & Maintenance Scheme — Loans for SSI Units

Every submission made through the PIPDIC portal is first checked for completeness and for whether the unit clears the basic eligibility conditions. Proposals that pass this initial screening are taken up for detailed scrutiny by PIPDIC officials.

That review weighs:

• the unit's operational history, including how long it has been running;
• its financial health, with profitability across the previous two consecutive financial years;
• whether the capital goods being funded are genuinely needed for the unit's road-related activity;
• the collateral security norms and interest rate structure that apply to the proposal.

Applicants who make the shortlist may be contacted for further clarification or verification of what they have submitted. The decision to approve the loan and release the funds rests with the competent authority at PIPDIC.