"Grant of Margin Money for Availing Capital Loan" Component of the "Development of Coir" Scheme
This scheme, part of the Development of Coir programme, helps entrepreneurs start new coir (coconut fibre) businesses or improve existing ones in Puducherry. The government provides margin money grants to reduce the amount you need to borrow from banks. You receive this grant after a bank approves your business loan.
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
Quick Facts
- Scheme Level
- Puducherry
- Category
- Employment
- Target Gender
- All genders
- Age Group
- 18–100 years
- Application
- Check portal
- Last Updated
- 25 Apr 2026
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