1.     Prevailing delegation of powers for sanction of term loan is as under :

Field level:
     

Note:

1.       Cases under the special schemes & GB Schemes where powers have      not  been delegated to  field Offices shall continued to be considered at HO.

2.   All loan cases/ proposals at field level  would be sanctioned by the                Competent Authority on the recommendations of DLAC.

3.       Cost Over run upto 20% of the sanctioned amount of loan would be sanctioned (without changing the level of margin on security and promoter’s contribution) by the respective sanctioning authority over & above the powers delegated for sanction of loan.

4.       Loan  for  purchase of DG set ( upto 250 KVA) under DG set scheme shall be sanctioned by the concerned authority within  whose jurisdiction total outstanding falls after considering of the said loan.

1. While sanctioning  of loan at field level it should be ensured by the sanctioning authority that  if the loan amount  is more than the MRV of existing and proposed  land & building, additional collateral security is  invariably obtained as per prevailing guidelines.

6 .     In loan cases of industrial units  proposed to be set up on converted land in isolated areas, field offices shall consider loans upto Rs.50.00 lacs as per PG Circular No.1282 dated 16.09.2009 with the prior approval from HO .

7.     The other norms of the respective scheme (including  ceiling on loan amount) shall remain unchanged.

8.      The exposure (sanction) of CRE cases (under various CRE schemes) shall not exceed 25% of total sanctions of the concerned BO on the date of sanction.

9.        Field offices  are now not required  to obtain prior permission  of HO for SME Sector loan cases upto Rs. 15.00 lac under  Scheme For Financing Against Assets, however,  in other loan cases from  Rs. 5.00 lac to Rs. 15.00 lac  under the scheme  prior permission of HO shall continue to be taken as per    circular No. RC/LA-GBD/Gen/125/1567 dt. 8.11.2005.

10.     Further loan cases may be sanctioned by the sanctioning authority under whose jurisdiction total accommodation fall i.e. outstanding against the existing loan plus proposed loan.

The above revised limits of sanction (field level and HO level) would also be applicable to Good Borrower Schemes in addition to the powers for sanction of loan under General Loan Schemes.

 At Head Office Level:

Note:
1.       The CMD is authorised to make need based relaxations in the terms and conditions to all sanctioned cases under various schemes of the Corporation.
2.       The loan cases/proposals at HO level would be sanctioned by the competent authority as per the recommendations of PC&CC.
3.       Further loan cases may be sanctioned by the sanctioning authority under whose jurisdiction total accommodation falls i.e. outstanding against the existing loan plus proposed loan.

Processing of loan cases

1. Field  level processing cases

Internal Processing Committee 
A meeting of the Internal Processing Committee is held every week on a fix day in which promoters are also invited and loan cases are placed before such committee for taking a decision on the project submitted by the borrower.
Advisory Committees

Project Clearance and Consultative Committee
HO level cases requiring prior clearance from the Committee are placed before the PC&CC. The meeting of which is generally held on fix day i.e. Wednesday of every week. In the PC&CC the appraised cases and matters requiring for policy decisions are also placed for decision.      

A.       Loan Schemes of the Corporation  

A- FOR MICRO, SMALL AND MEDIUM MANUFACTURING ENTERPRISES

1. GENERAL LOAN SCHEME : Financial assistance up to Rs.20.00 Crores, depending upon the constitution of applicant unit is made available to existing/ new micro, small, medium scale manufacturing enterprises to meet part of cost of land, building Plant & Machinery and other fixed assets.

1. OTHER SCHEMES :

a) SINGLE WINDOW SCHEME
b) SCHEME FOR TEXTILE INDUSTRY UNDER TECHNOLOGY UPGRADATION FUND (RTUF) (presently the sanction under the scheme has been freezed w.e.f. 28.06.10)
c) ASSISTANCE FOR ACQUISITION OF ISO-9000/ /14001 SERIES CERTIFICATION BY SSI UNITS
d)  COMPOSITE LOAN SCHEME
e) SCHEME FOR FINANCING TO MINING EQUIPMENT/ INDUSTRY
f)    SCHEME FOR WORKING CAPITAL BRIDGE LOAN
g) SCHEME FOR WORKING CAPITAL TERM LOAN WITH THE FACILITY OF DEPOSIT AND WITHDRAWAL THROUGH PASS BOOK
h)   EQUIPMENT REFINANCE SCHEME
i)    DG SET LOAN
j)    SCHEME FOR FINANCING POLLUTION CONTROL EQUIPMENTS
k) SARAL SCHEME FOR SME SECTOR (EXISTING INDUSTRIAL RUNNING UNITS
l)      SCHEME FOR FINANCIAL ASSISTANCE TO WIND FARM/ WIND TURBINE GENERATOR
m) SCHEME FOR FINANCIAL ASSISTANCE TO THE ASSISTED UNITS EFFECTED BY NATURAL CALAMINITES / DISASTER.
B-  FOR GOOD BORROWERS 
The Corporation has introduced schemes for the benefit of our existing and regular borrowers who have a proven track record of timely payment. These schemes provide speedy sanction and liberal disbursement procedures. Financial assistance is provided to the Good Borrowers under the following schemes:
a)       WORKING CAPITAL TERM LOAN

1.   SHORT TERM LOAN

c)       UNITS PROMOTED BY GOOD BORROWER SCHEME

1. SPECIAL PURPOSES WCTL SCHEMES

f)       WORKING CAPITAL TERM LOAN TO NON ASSISTED UNITS
g)  GOLD CARD SCHEME 
h)       PLATINUM CARD SCHEME 
C-  FOR TOURISM RELATED ACTIVITIES   

1. GENERAL SCHEME FOR TOURISM RELATED ACTIVITIES:     The Corporation has been granting financial assistance for Hotels, Restaurants, Drive-in-Cinemas, Multiplexes and Tourism related activities in Rajasthan up to Rs.20.00 Crores.
2. OTHER TOURISM RELATED SCHEMES :

a)  SCHEME FOR FINANCIAL ASSISTANCE TO PAYING GUEST ACCOMMODATION 
b)   SCHEME FOR DHABA 
c) SCHEME FOR FINANCIAL ASSISTANCE FOR COMMERCIAL COMPLEXES, SHOW ROOMS AND SALES OUTLETS
D-  OTHER TAILOR MADE SCHEMES

1. ASSISTANCE TO SC/ST ENTREPRENEURS
2. SCHEME FOR MEDICAL PRACTITIONERS
3. SCHEME FOR QUALIFIED PROFESSIONALS
4. SCHEME FOR HOSPITALS /NURSING HOMES
5. SCHEME FOR FINANCIAL ASSISTANCE FOR INFORMATION TECHNOLOGY
6. SCHEME FOR FINANCING ACTIVITIES RELATING TO MARKETING OF SSI PRODUCTS
7. SCHEME FOR PROVIDING FINANCIAL ASSISTANCE TO UNITS INTENDING TO SWITCHOVER THEIR LOAN ACCOUNTS FROM BANKS AND OTHER FINANCIAL INSTITUTIONS TO RFC
8. SCHEME FOR ASSETS FINANCING
9. FAST TRACK LOAN SCHEME
10. SCHEME FOR FINANCING AGAINST ASSETS
11. SCHEME FOR FINANCING FOR BUILDERS / COMMERCIAL/ RESIDENTIAL COMPLEXES/ MULTIPLEXES, HOTELS (TOURISM RELATED ACTIVITIES), HOSPITALS, NURSING HOMES FOR PURCHASE OF LAND & BUILDING
12. SCHEME FOR PRIVATE BUS/TAXI STAND
13. FINANCIAL ASSISTANCE FOR TRANSPORT VEHCILES TO EDUCATIONAL INSTITUTIONS (UNDER TRANSPORT LOAN SCHEME
14. SCHEME FOR FINANCIAL ASSISTANCE TO INDUSTRIAL CONCERNS INVOLVED IN COMMERCIAL CONSTRUCTION ACTIVITIES FOR DEVELOPMENT OF RESIDENTIAL HOUSES/FLATS/HOUSING COMPLEX
15. Financial assistance to concern involved in conducting courses in designing, technical, management, medical hospitality etc. To provide trained man power to industrial and service sector.

          
E.         Other Schemes :
a)  Loan for Revival and Rehabilitation of Sick units.
b)  Loan for Restarting of closed unit.

LOAN LIMIT

           IMPORTANT PARAMETERS 
            *          Promoter’s Contribution         Min. 33% of the project cost             
            *          Debt Equity Ratio                  Not more than 2 : 1
            *          Security Margin  
                   A.   In General                                                     30%           
                   B.  On fabricated items, dies & moulds, furnace etc. 50%                                                                 
            *           Debt Service Coverage Ratio (DSCR)    Not less than 1.7 : 1
     APPLICATION FEE
    
     While accepting the loan application, fee as mentioned below is  required to be deposited :

    Note   : Application fee shall be 50% in the following cases if the loan  is sought under the exclusively specified schemes mentioned below and if the  loan application is registered in the B.P. Camp with complete information/documents as per check list:-