Pondicherry Industrial Promotion Development and Investment Corporation
( A Government of Puducherry Undertaking )
( A Government of Puducherry Undertaking )
Shri K. Kailashnathan, IAS (Rtd.)
Hon'ble Lt. Governor
Shri. A. Vikranth Raja, I.A.S.
Secretary to Government
(Industrial Development and Trade & Commerce)
Shri. Anoop Thakur, I.A.S.
The Managing Director, PIPDIC LTD.
Set up by the Government of Puducherry to promote industrial development and to provide financial assistance to entrepreneurs.
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View Details »Criteria for evaluation in PIPDIC's Industrial Estates
View Details »As per Right to Information Act
View Details »Our service commitments
Download »The Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC) was set up by the Government of Puducherry in 1974 with the twin objective of promoting the Industrial Development of Puducherry and providing financial assistance to entrepreneurs. It is a limited company with an authorized share capital of Rs.45 crores. PIPDIC provides various facilities such as Term loans, Equity participations / Underwriting of Capital issues, Hire Purchase and Lease Financing, IT & Electronic Parks/Growth Centre/Industrial Estates.
Application forms have been simplified and being issued.
Panel of Advocates have been appointed for getting legal opinion for speedy legal clearance.
Panel of Valuers/Chartered Engineers have been appointed for Valuation of properties to be mortgaged.
Exempted in furnishing registered lease deed for work premises in respect of loans upto Rs.25.00 lakhs and instead an un-registered lease deed is accepted.
For loans upto Rs.25.00 lakhs the promoter’s contribution has been reduced from 33.33% to 25%.
Separate Entrepreneur Guidance Cell has been set up for guiding the entrepreneurs in all respect.
Financial assistance under merit loan scheme to Good Borrowers of the Corporation is being extended with concessional rate of interest on fast track basis.
Interest rebate for prompt payment increased from 1% to 2%.
Amount payable to PIPDIC may be paid through NEFT / RTGS as indicated below:
| Bank’s Name | : | CANARA BANK | Branch | : | Muthialpet Branch, 45, NSC Bose Road, Puducherry 605001. | |
| IFSC | : | CNRB0000927 | Account Number | : | 0927201002042 |
Customers are requested to mention the Party name and purpose of payment while making payment towards NEFT / RTGS. (GST NO. : 34AADCP0446M1ZE)
TERMS & CONDITIONS FOR ONLINE PAYMENTS TO BE MADE TO PIPDIC LTD
RAMP SCHEME - The amendments in the MSMED Act to facilitate growth anddevelopment of MSME sector