What you get
- A need-based loan limit of up to ₹90,00,000/- is available. | - Interest Rates: | ◦ For loans up to ₹25,00,000/-, the interest rate is 10% per annum. | ◦ For loans above ₹25,00,000/- and up to ₹50,00,000/-, the interest rate is 11% per annum. | ◦ For loans above ₹50,00,000/-, the interest rate is 12% per annum. | - A concessional rate of interest of 0.5% less than the normal rate is charged for units promoted by Women, Scheduled Caste, Scheduled Tribe, or Differently abled persons.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
How do I create an account and begin the registration process on the application portal?
To create your account, visit the PIPDIC website at https://pipdic.in/, click "Login", and then select the "New customer" link. Enter a unique username, your email address, a secure password, and the Captcha code, then click "Register" to complete the registration process.
What is the purpose of the One-Time Password verification during the login process?
The OTP is a security measure sent to your registered email address to verify your identity and ensure that only authorized users can access your account. You must enter this OTP and click "Login" to proceed to your customer dashboard.
What information am I required to provide when updating my profile after successful login?
Upon logging in, you must access the "Edit Profile" option in the top right corner of your dashboard and complete all required profile details as requested by the system. These details are necessary for the loan application processing and verification purposes.
What documents and information should I prepare before starting my loan application?
Before beginning your loan application, gather all Know Your Customer (KYC) documents and supporting documents as specified in the application checklist. Additionally, prepare detailed biodata information for the Promoter, Partner, or Director, as you will need to upload these documents during the application process.
Where can I access the loan application form once I have completed my profile setup?
After completing your profile update, navigate to the "Applications" tab on your customer dashboard to access the loan application form section.
What is included in the checklist that appears before I can proceed with the loan application?
The pop-up checklist displays the General Terms and Conditions, interest rate structure, investigation fees, and collateral security norms applicable to your loan. You must carefully review this information and confirm that you have gathered all necessary documents before proceeding.
What declaration must I read and agree to before submitting my loan application?
You must read the comprehensive declaration within the application form, which covers confirmation of true and accurate information provided, absence of unauthorized borrowing arrangements, and consent to verification and investigation by PIPDIC officials.
How many steps does the loan application form typically contain, and what should I do if I need to pause my application?
The loan application is structured as a multi-step form across several stages. While the document does not specify a save-and-resume feature, you should complete all mandatory fields across each required step before proceeding to the next stage.
What is the process for uploading Know Your Customer and supporting documents after submitting my application details?
After completing the main application form submission, the system will redirect you to enter your Promoter, Partner, or Director biodata information in a multi-step process. For each required document field, click the "Choose File" button, select the appropriate file from your computer in the format specified by the portal, and upload it to the system.
What are the applicable application fees for different loan amounts under this scheme?
For loan amounts up to ₹25,00,000/-, the application fee is ₹100/-. For loan amounts exceeding ₹25,00,000/-, the application fee is ₹200/-.
How do I make the payment for my application fee, and what happens after successful payment?
Once your application and biodata submission is complete, proceed to pay the applicable application fee. If you select online payment, the system will automatically redirect you to a payment summary page where you can verify your details and complete the payment transaction.
What should I do with the payment receipt I receive after paying my application fee?
Upon successful payment, a receipt for your application fee is generated automatically. You can print this receipt or save it to your computer as a PDF for future reference and record-keeping purposes.
How can I track the status of my submitted loan application after submission?
You can monitor your application status by clicking the "View My Application" link on your customer dashboard and selecting your relevant loan application from the drop-down menu. Your application will initially display a status such as "UNDER REVIEW" as it progresses through processing.
What contact information and support channels are available if I need assistance or wish to file a grievance regarding my application?
You can contact the Managing Director at the Pondicherry Industrial Promotion Development and Investment Corporation Limited office located at No.60, Romain Rolland Street, Puducherry 605001. The office phone number is 0413-2334361, and you can email your queries to info@pipdic.com. The General Manager (Administration) is also available via mobile contact at 9894653835. You can also submit a grievance form at https://pipdic.in/grievance_form.