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Cent SPICE

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CENT MSE SPICE (Scheme for Promotion and investment in circular economy)

Scheme Name: CENT MSE SPICE (Scheme for Promotion and investment in circular economy)

Eligibility:   All MSEs registered under URC. (HUF and Trust are not eligible under the scheme.)

Activity: Recycling plants/Circular Economy Project Like Plastic, Rubber, Electronic waste, Municipal solid/liquid waste, compressed biogas, Lithium-Ion batteries, Solar panel, Gypsum, Toxic, Hazardous industrial waste. Use oil waste etc.

Nature of Facility: Term Loan and WC.

Quantum of Finance:  Rs.10 lakh to Rs.50lakh for (TL) & Maximum Rs 20 lakh for (WC).

Interest Rate: Attractive and competitive Interest

Margin: TL-10% and WC-25%

Guarantee Cover: CGTMSE guarantee coverage available