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Assistance to Wholesalers and Retail Traders (AWRT)

  In order to assist Wholesaler and Retailers belonging to Micro, Small and Medium Enterprises (MSME) Category, NSIC arranges to provide for their Working Capital Requirements. The assistance will be given for purchase the goods from the / Manufacturers / Wholesalers / Retailers which is not prohibited by law or opposed to public interest. NSIC’s AWRT against Bank Guarantee (BG) requires simple documentation and  assistance to the extent of Rs.2 crores can be provided very quickly . MSMEs units engaged in that form of trade in which goods are purchased and stored in large quantities and sold, in batches of a designated quantity, to resellers, professional users or groups, but not to final consumers are Wholesalers while MSMEs units engaged in buying products from a manufacturer or wholesaler and selling them to end users or customers are Retail Traders . This Assistance is provided to any WholeSaler or retail traders with Udyam and GST Registration and in profit for last t...

Benefits of NSIC Raw Material Assistance for MSMEs

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  Raw Material forms the major chunk of working capital requirement of any industry therefore NSIC has launched the  Raw Material Assistance   (RMA) Scheme to cater to the needs of Micro, Small and Medium Enterprises. NSIC’s RMA against Bank Guarantee (BG) requires simple documentation and assistance to the extent of Rs.2 crores can be provided very quickly. This Assistance is now also provided to retail traders with turnover of over Rs.1 crore and wholesale traders with turnover of over Rs.1.50 crore. The salient features are : Simple documentation  &  quick process  for speedy disposal of proposal upto Rs.2 crores. Maximum Amount of Assistance per MSME is  Rs.5 Crore  and for a Group is  Rs.15 Crores . Financial Assistance for procurement of all types of Raw Materials & Inputs  upto 180 days. Immediate payment  to the Raw Material Suppliers without delay. Interest rate varies from  9% to 10.75% per annum  base...

Avail Digital Services for business promotion of your company

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Dear Sir, Greetings from NSIC! To facilitate  MSME’s  in terms of technology adoption with a view to improve their competitiveness and increase their efficiencies by way of automating their processes for cost reduction, capacity enhancements and compliances etc. NSIC is offering ICT Enabled Digital Services to MSMEs. The Present range of services include Cloud Software Suite (like ERP, Finance & Accounting, Supply Chain, Inventory, CRM etc.) and Sales & Marketing Solutions.  The Benefits For MSMEs and other details are given in the attached brochure.  You are invited to make use of these services for your business promotion. Download Product and Price Details Download Application Form to Avail Digital Services   Show Interest With Best Regards, P S Prem Anand Deputy General Manager The National Small Industries Corporation Limited (A Government of India Enterprise) 1055/10, 1st Floor, Gowtham Centre, Avinashi Road, Coimbatore - 641018...