Single Window Scheme (PIPDIC) — Term Loans up to ₹2 Crore

The Single Window Scheme is a debt funding route operated by the Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC), working alongside the Department of Industries & Commerce, Puducherry. It exists to help industrial units in the Union Territory raise money for both capital expenditure and everyday operations without queueing up at several lenders.

Two credit facilities sit inside one application: a term loan for fixed assets, and a working capital loan. Because a single agency handles both, a promoter can arrange finance for the entire project outlay — the capital spend plus the operating requirement — through one window instead of stitching together multiple sources.

The scheme is built around Puducherry's small scale and tiny sector. It backs first-time promoters setting up a new unit, promoters buying the unencumbered fixed assets of an existing SSI concern, and healthy units going in for modernisation or technology upgradation. It also has room for sick units that can realistically be turned around, funding their rehabilitation.

Projects qualify only while the overall outlay stays inside the cap: the fixed asset need plus the whole working capital requirement, counting every fund-based facility, cannot cross ₹2 crore. There is no window to wait for — the scheme runs on a rolling basis, and the entire application is filed online through the PIPDIC portal.

• Term loan for fixed assets plus a working capital loan, arranged through a single agency
• Total project outlay capped at ₹2 crore, including all fund-based working capital facilities
• Covers new SSI/tiny units, units acquiring existing SSI assets, modernising units and viable sick units in Puducherry
• Application fee of ₹100 for loans up to ₹25,00,000 and ₹200 above that
• Rolling intake — apply online through the PIPDIC portal at any time

Eligibility here is defined by the type of unit and the size of the project rather than by a sector list.

• New projects in the SSI or tiny sector — entrepreneurs establishing a fresh unit in Puducherry.
• Acquirers of existing SSI assets — promoters purchasing the unencumbered fixed assets of an existing SSI concern.
• Existing well-run units undertaking modernisation or technology upgradation.
• Potentially viable sick units that are implementing a rehabilitation scheme.
• Project outlay ceiling — the total project outlay, covering the fixed asset requirement together with the full working capital requirement including all fund-based facilities, must not exceed ₹2 crore.

The scheme serves businesses operating in Puducherry. No DPIIT recognition or MSME registration condition is mentioned in its published eligibility.

Single Window Scheme (PIPDIC) — Term Loans up to ₹2 Crore is open to startups at any stage. It is open to startups registered anywhere in India.

Single Window Scheme (PIPDIC) — Term Loans up to ₹2 Crore 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.

• Term loan for fixed assets — long-term credit aimed at capital purchases and infrastructure.
• Working capital loan — money for running costs such as raw materials and salaries.
• Single agency — both facilities are routed through PIPDIC, so the promoter does not negotiate with several lenders.
• Whole-outlay assessment — the total working capital requirement, including all fund-based facilities, is taken into account.
• Ceiling — the maximum total project outlay, fixed assets plus working capital, is ₹2 crore.

The support is structured as debt. Since PIPDIC lends rather than invests, the promoter does not part with any shareholding — the obligation is repaid as a loan. The exact amount sanctioned is not fixed by the scheme; it is worked out from the project's viability and requirements, as long as everything stays within the ₹2 crore outlay limit.

Single Window Scheme (PIPDIC) — Term Loans up to ₹2 Crore is offered by Pondicherry Industrial Promotion Development and Investment Corporation (PIPDIC), a government body. As a government-backed debt / loan, it is publicly funded and open to eligible startups across India.

Applications are examined at PIPDIC for eligibility and financial viability. The first pass checks whether the unit fits the scheme's conditions and whether the proposal holds up financially.

A dedicated credit appraisal committee then evaluates the detailed project proposal. It assesses the promoter's background and credibility and scrutinises the financial projections closely, so that only robust proposals with sound financial plans move forward.

Shortlisted applicants may face further due diligence or an interview before a final decision is taken. Once submitted, an application shows the status 'UNDER REVIEW', which can be tracked from the dashboard.

Before you apply to Single Window Scheme (PIPDIC) — Term Loans up to ₹2 Crore, 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.