Raw Material Assistance


 Description

The scheme aims at helping MSEs by way of financing the purchase of raw material (both indigenous & imported). This gives an opportunity to MSEs to focus better on manufacturing quality products.

 Nature of assistance

  • Financial assistance for procurement of raw material up to 90 days
  • MSEs helped to avail economics of purchases like bulk purchase, cash discount, etc.
  • All the procedures, documentation & issue of letter of credit in case of imports taken care of.

 Who can apply

Entrepreneurs

 How to apply

Entrepreneurs can download and apply on the prescribed application forms along with application processing fee by submitting the filled-in application to regional & branch offices of NSIC.