Raw Material Assistance Scheme aims at helping MSMEs by way of financing the purchase of Raw Material (Both indigenous & imported). This gives an opportunity to MSMEs to focus better on manufacturing quality products.
Benefits of the Scheme
How to Apply
The Entrepreneurs are required to apply for Raw Material Assistance only on the prescribed application forms. The application forms downloaded from the link given below may be filled and can be submitted to the nearest Branch Office. The blank forms are also available free of charge from the Branch offices.
The Process
Terms and Conditions
Assistance against the security of BG :
Rate of interest in respect of assistance availed on or after 01.12.2023
Particulars | Effective Rate of Interest(% per Annum) |
||
---|---|---|---|
Normal Interest (Compounded on monthly rest) | MICRO | SMALL & MEDIUM | |
Upto 180 Days | |||
(i) Units having valid SME 1 rating* | 9.00 | 9.75 | |
(ii) Units having valid SME 2 rating* | 9.50 | 10.25 | |
(iii) Other units | 10.00 | 10.75 |
In case any outstanding is more than 180 days | 1.25% per quarter |
Processing Fee :
Processing Fee | MICRO | SMALL AND MEDIUM |
---|---|---|
On new sanctions | 1.0% p.a. | 1.0% p.a. |
On Renewal | 0.5% p.a. | 1.0% p.a. |
Description | File |
---|---|
RMA Application Form (PDF format) | View |
RMA Application Form (MS Word format) | View | Documents to be enclosed with Application form | View |
Frequently Asked Questions (FAQs): Raw Material Assistance | View |
Frequently Asked Questions (FAQs): Raw Material Distribution | English Hindi |
Coal distribution data to MSMEs of Odisha for 2023-24 | View |
Coal distribution data to MSMEs of Odisha for 2022-23 | View |
Coal distribution data to MSMEs of Odisha for 2021-22 | View |
Updated : 07.06.2024