Articles View Hits
3288356

We have 88 guests and no members online

 

CONSORTIUM BANK CREDIT SCHEME (CBC) 

In the year 1995-96 KVIC introduced Consortium Bank Credit Scheme Popularly known as CBC Programme in place of approved pattern based Pre-CBC Programme. As per norms CBC Project Proposal must be viable & bankable. This financial support is extended to new units as well as expansion of old ones.
scheme. In case of Village Industries, the entire amount of Bank Loan (Capital Expenditure & Working Capital) would be covered under Consortium Bank Credit.
Margin money or back end subsidy was provided for successful implementation of the project with a ceiling of 25% to 30% up to Rs. 10 Lakhs & 10% marginal amount of above Rs. 10 lakhs to Rs. 25 Lakhs and for project up to Rs 1 Lakh-Pre   CBC pattern of assistance was accepted.