& SIDBI Make in India Soft Loan Fund for Micro Small & Medium Enterprises (SMILE) Textile and Electrical Garments serietisit Media and ‘Automobiles entertainment 7 Wand > Aviation Bem Food a a Bio- Processing technology Electronic Ng chemicals SYSteMS Defence Construction Manufacturing + To provide soft loan, in the nature of quasi-equity, and term loan on relatively soft terms to MSMEs to meet the required debt-equity ratio for establishment of an MSME as also for pursuing ‘opportunities for growth for existing MSMEs. Erna + All the identified 25 sectors or other sectors as may be added, in the Make In India Programme. Deserving proposals from any other sector can also be assisted on merits. ERE + New enterprises in the manufacturing as well as services sector. Existing enterprises undertaking expansion, modernization, technology upgradation or other projects for growing their business will also be covered. Loans extended under the scheme cannot be used for repayment of earlier loans. oman + AIlIMSMEs as per MSMED Act 2006, with the emphasis on financing smaller enterprises within MSME. + 15% of project cost for projects up to € 1 crore and 20% for the rest + Upto 75% of the project cost (for Debt-equity ratio of 3:1) + 10% of the project cost subject to a maximum of 20 lakh. + Up to 15% of the project cost for the enterprises promoted by Scheduled Caste (SC) / Scheduled Tribe (ST) / Persons with Disabilities (PwD) and women, subject toa maximum of @30 lakh. Persons belonging to these categories must own controlling stake (ie, 51% or higher). On expiry of 3 years from the date of first disbursement, the outstanding soft loan together with any dues thereon shall be converted into secured term loan and the entire loan shall carry applicable rate of interest as perinternal rating of the borrower. Wend *+ Upfront fee of 0.5% plus applicable service tax Penns + On soft loan - Prevailing concessional rate of interest as applicable under the scheme from time to time upto 3 years. Thereafter, normal rate as applicable to term oan. + Onterm loan - Prevailing concessional rate of interest as per applicable rating under the scheme from time to time upto 3 years and normal rate thereafter. DininceeE + ©25 lakh, Gein + Not exceeding 7 years inclusive of the moratorium upto 1-1/2 year for term loan and upto 2 years for softloan + As applicable under the scheme. + As applicable under the scheme. For enquiries, please contact the nearest SIDBI office wwwsidbi.in www.smallb.in