Presentation On

KSFC(Your partner in Progress)

By :Group 3

Contents

• Introduction.• Area of Operations.• Purpose of Assistance.• Financial Service.• Financial assistance – Limits of Accommodation.• Important Loan Scheme.• Activities.• Procedure for availing financial assistance.

Introduction

• KSFC is state level Financial Institution established by State Government in the year 1959 under the state Financial Corporation Act to cater the long term financial needs of SME’s in the state of Karnataka.

•KSFC is an ISO 9001-2000 Certified Organization has played a major role in the industrial development of Karnataka.

Area of Operations

• KSFC extents loans to industrial units / service sector / to be established in State of Karnataka

• Industrial concerns having registered office outside the state of Karnataka.

Purpose of assistance

• The corporation extends financial assistance for acquiring Fixed assets like Land , Building, Plant and Machinery, and Miscellaneous, assets required for the project.

• It also extends working capital to new units.

Financial Services

• KSFC extends all types of financial assistance in the form of long term loans, Corporate loans to meet short term working capital needs.

• KSFC’s assistance covers all most all types of industrial and service sectors.

Financial Assistance

•Assistance from KSFC is available to industrial concerns as defined under the State Financial Corporations Act.1951

•Some of the activities are eligible for financial assistance are to be engaged in manufacture, Preservation, Processing of goods, Mining , Power generation,Transportation,Hotels&Restaurants,Development of any products or process connected to Industry.

Limits of Accommodation

Category Maximum laon

1. Proprietary/Partnership Rs. 200.00 Lakh

2. Corporate bodies(Both private,public limited), registered co-operative societies

Rs. 500.00 Lakh

Importance of Loan Scheme Operated by KSFC

• General Scheme : The corporation extends financial assistance for new enterprises to establish SSI/MSI Service unit and for expansion, Modernization, Diversification etc.

• Scheme for Technology Up gradation for Textile Industries.(TUFC): The main objective of scheme is to provide encouragement for Textile Industries (including cotton ginning and pressing units.) in the small scale industries sector for technology up gradation & to modernize their production facility.

Contd….• Credit Linked Capital Subsidy Scheme

(CLCSS): The objective of the scheme is to facilitate technology up gradation of SSI units / SSI units graduating to MSI in a specified products/ sub-sectors by providing 12% capital subsidy on the loan given for the machinery.

• Technology Development Modernization Fund Scheme (TDMF): The objective of the scheme is to encourage the existing SSI’s to modernize their production facilities in order to improve productivity, quality etc…

Contd…• Single Window Scheme (SWS): This loan

scheme is for providing assistance to new small units whose project cost (excluding working capital margin) doesn’t exceed Rs.50 Lakh & the total working capital requirement at the normal level of operation is up to Rs.20 Lakh.

• Corporate Loan Scheme (CL): The objective of the scheme is to extend short term loans the existing successful units who require urgent working capital funds either to meet the gap in the working capital requirements.

Activities

• Hotels & Restaurants• General loans for setting up new large, small &

medium scale enterprises & service sector units• Tourism related facilities(Amusement Parks,

Convention Centers , Travel & Transport)• Hospitals & Nursing Homes.• Acquiring electro medical equipment, setting up

for medical stores • Transport Loans

Contd..

• Industrial Estates,IT Parks, Ready built office space, Training Institutions, Goddowns, Warehouses.

• Group housing sector.• Construction & Purchase of commercial complex.• Development/ Maintenance/ Construction of

roads.

Contd…

• Qualified professionals( Management, Accounting, Medical Professionals, Architects & Engineers)

• Improvement of sick units.