Please refer to our circular No. 135/DoR-40/2019 dated 22 May 2019 on the captioned scheme. Consequent upon the revision in the loan limit to Rs.1.60 lakh by RBI for waiver of margin requirement, there is revision in the para 7 of the above circular- “pattern of assistance” which is as under:
Entrepreneur contribution (margin) for loans beyond Rs. 1 lakh – 10% of the project costs (minimum)
Entrepreneur contribution (margin) for loans beyond Rs. 1.6 lakh –10% of the project costs (minimum)
Other aspects of the scheme guidelines as conveyed vide our office circular no.135/DoR-40/2019 dated 22 May 2019 remains unchanged and have to be followed.