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

It provides two things under one roof: a term loan for fixed assets and a loan for working capital. Because PIPDIC acts as the single agency for both, a promoter can cover the entire project outlay — capital expenditure and operational needs — without approaching separate financial institutions for each facility.

The scheme does not state a minimum or maximum loan amount. What it does fix is the outer limit on the project: the total outlay, combining the fixed asset requirement and the full working capital requirement including all fund-based facilities, must not exceed ₹2 crore. Within that ceiling, the sanctioned amount depends on how viable and well-planned the project is.

Four categories of promoters are covered. First, entrepreneurs setting up new projects in the SSI or tiny sector. Second, promoters acquiring the unencumbered fixed assets of an existing SSI concern. Third, existing well-run units taking up modernisation or technology upgradation. Fourth, potentially viable sick units that are implementing a rehabilitation scheme.

No. The scheme operates on a rolling basis and stays open, so applications can be filed at any point through the PIPDIC portal rather than against a fixed closing date.

The scheme's published eligibility does not list DPIIT recognition or MSME registration as a requirement. What matters is the category the unit falls into — a new SSI/tiny project, an acquirer of existing SSI fixed assets, a unit modernising, or a viable sick unit under rehabilitation — and staying within the ₹2 crore total project outlay limit.

No. This is a debt product, so the funding is non-dilutive. PIPDIC extends loans that are repaid, and it does not take a stake in the promoter's business in return for the money.

For loans up to ₹25,00,000 the application fee is ₹100. For loans above ₹25,00,000 the fee is ₹200. The fee is paid at the end of the online application process, and the system generates a receipt that you can save or print as a PDF.

Applicants should be ready with KYC and supporting papers — identity proof, address proof, business registration documents, project reports, financial statements, and details of the fixed asset and working capital requirements. There is also a promoter bio-data section to complete, and the biodata of a partner or director if applicable, along with the relevant uploads.

The process is fully online on the PIPDIC portal at https://pipdic.in/pipdic_schemes. You register a new customer account with a username, email ID, password and captcha, verify via an OTP sent to your email, and log in to the customer dashboard. From there you update your profile, open the Applications tab, review the terms covering interest rates, investigation fees and collateral norms, accept them, and fill the multi-step loan application across project, financial and business plan sections. You then accept the declaration, submit, enter the promoter/partner/director bio-data, upload the required documents, pay the application fee, and save the payment receipt.

PIPDIC officials first review the application for eligibility and financial viability. A dedicated credit appraisal committee then evaluates the detailed project proposal, the promoter's background and credibility, and the financial projections. Shortlisted applicants may go through additional due diligence or an interview before a final decision. After submission you can follow the status — initially shown as 'UNDER REVIEW' — by opening the 'View My application' link on the dashboard and selecting your loan application.

Single Window Scheme (PIPDIC) — Term Loans up to ₹2 Crore is offered by Pondicherry Industrial Promotion Development and Investment Corporation (PIPDIC), a government body. It is provided as non-dilutive funding.