- Those who own the assets under NSFDC assistance alone are considered as beneficiaries.
- In view of the large number of beneficiaries are still to be covered financial assistance for the existing/stick/closed units shall not be considered.
- Financial assistance under term loan/bridge loan/seed capital shall be extended to a beneficiary only once.
- Land based schemes should be composite schemes and, therefore, should not merely be confined to providing land.
- Under Transport Sector Schemes, only one vehicle per beneficiary/institution shall be considered. The commercial Licence shall be a compulsory requirement for such beneficiaries.
- The interpretation of any or all provisions of the Lending Policy by the Board Directors of NSFDC shall be final and binding as to its items, content, purport and/or implementation.
- The Board of Directors of NSFDC may from time to time add to, substitute, alter, amend and/or any terms and conditions of the Lending Policy.
- In case of any disputes of claims under or arising out of the Lending Policy, Courts only at Delhi, to the exclusion of the other Courts, shall have the exclusive jurisdiction.
|
|
|
|
