"Grant of Margin Money for Availing Capital Loan" Component of the "Development of Coir" Scheme
✓ Information verified — June 2026The scheme "Grant of Margin Money for Availing Capital Loan" aims to incentivize entrepreneurs to establish new coir industries & revitalise existing ones. The units must be set up in Puducherry. The scheme provides margin money upon receipt of a financial institution's sanction order for a project.
What You Get
- Margin money grant to reduce your own investment burden
- Support for establishing new coir production units
- Assistance for revitalising and upgrading existing coir industries
- Grant provided after bank loan sanction to strengthen your business
Who Can Apply
- Age: 18–100 years
- Residence: Puducherry residents only
- Must be an entrepreneur or business owner interested in coir industry
- Business unit must be located in Puducherry
- Must have received a formal loan sanction order from a financial institution
- Project must involve establishing or revitalising a coir-based industrial unit
Documents Needed
0/7 collected
- 1. Aadhaar Card
- 2. Bank Loan Sanction Letter
- 3. Business Registration Certificate
- 4. Project Report
- 5. Bank Account Details
- 6. Identity Proof
- 7. Address Proof
How to Apply
- 1Check your eligibility criteria above
- 2Gather all required documents listed below
- 3Visit the official portal (linked below)
- 4Fill the application form online / offline
- 5Submit the form and note your application reference number
- 6Track status on the official portal or visit nearest CSC
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Quick Facts
- Scheme Level
- Puducherry
- Category
- Employment
- Target Gender
- All genders
- Age Group
- 18–100 years
- Application
- Check portal
- Last Updated
- 14 Jun 2026
Official Source
Last Verified
14 June 2026
Official Portal
www.myscheme.gov.in/schemes/gmmacl-dc…Related Schemes
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