Financial Assistance for Setting Up of Cold Storage is a loan scheme of the Puducherry government for business entities that want to build modern cold storage facilities. Under this scheme, eligible firms can get a minimum loan of ₹2.50 crore (₹2,50,00,000) to set up cold storage infrastructure and cut down post-harvest losses.
PIPDIC runs this scheme under the Industries and Commerce Department, Puducherry. The online application portal is open for new applicants, and business entities registered in the Union Territory can apply for the loan in 2026.
Financial Assistance for Setting Up of Cold Storage - Introduction
Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC) launched this scheme for proprietary and partnership concerns, public and private limited companies, co-operative societies, market committees, boards and agro-industry corporations. The loan is meant only for setting up cold storage facilities, so the money goes into building storage units where perishable goods can be kept safely.
The whole application process happens online on the official PIPDIC portal. Applicants have to register, complete their profile, and submit the loan form along with the required documents. The same portal also allows users to check the status of their application later. As of August 2026, the scheme is listed on the official PIPDIC schemes page and continues to accept applications.
Key Information
| Detail | Information |
|---|---|
| Scheme Name | Financial Assistance for Setting Up of Cold Storage |
| Level | State |
| Beneficiary State | Puducherry |
| Category | Banking, Financial Services and Insurance, Business and Entrepreneurship |
| Target Beneficiaries | Business Entity |
| Benefit Type | Cash (Loan) |
| Nodal Department | Industries and Commerce Department, Puducherry |
| Application Mode | Online |
Benefits
The scheme gives a direct term loan to eligible business entities for building cold storage units. The loan amount is big enough to cover land development, construction and equipment costs of a cold storage project.
| Benefit Type | Details |
|---|---|
| Loan Limit | Minimum ₹2.50 crore (₹2,50,00,000), maximum as per term loan policy |
| Purpose | Setting up of cold storage facilities |
| Repayment Period | 8 years including a 2-year moratorium period |
Eligibility
Any of these business entities registered in Puducherry can apply for the loan:
- Proprietary or partnership concerns that are running or starting a cold storage project.
- Public or private limited companies with a valid registration in the Union Territory.
- Co-operative societies involved in agriculture, horticulture or food storage activities.
- Market committees and official boards that manage agricultural produce.
- Agro-industry corporations that process or store perishable food items.
Application Process
Registration and loan application are done online on the official PIPDIC portal. Follow the steps given below in the same order.
STEP 1 - Open the official PIPDIC website at pipdic.in and click on the 'Login' menu on the homepage. Choose 'New customer' to start your registration.
STEP 2 - Register with your email id, create a strong password, and solve the captcha shown on the form.
STEP 3 - Verify your account using the OTP sent to your registered email. Once verified, you can enter your customer dashboard.
STEP 4 - Update your profile under the 'Edit Profile' section in the top right corner. Fill in all professional and business details asked there.
STEP 5 - Go to the 'Applications' tab on your dashboard and read the checklist that covers interest rates, investigation fees and collateral norms. Click 'I Agree' to begin the application form.
STEP 6 - Fill in the multi-step application form with accurate business details. Add biodata for your promoters or directors and upload your KYC and support documents using the 'Choose File' button.
STEP 7 - Pay the application fee online and keep the system-generated payment receipt safe. The fee is ₹100 for loans up to ₹25,00,000 and ₹200 for loans above ₹25,00,000.
Online portals and resources: User Manual | How to Apply Guide | Applicant Login | Application Portal | Grievance Submission
Documents
Keep the following documents ready before you start the online form so that the submission goes smoothly.
- Copy of MSME registration certificate of your business unit.
- Registered lease deed of at least 8 years or sale deed for your premise.
- Approved site plan, machinery layout, and detailed civil estimate for the cold storage project.
- Original quotations from suppliers and a justification for the chosen equipment.
- Detailed project report, manufacturing process chart, and marketing strategy.
- Business documents like partnership deed or Articles of Association.
- Promoter or director biodata, PAN card, Aadhaar card, and bank passbook.
- Balance sheets and profit and loss statements of the last 3 years for existing units.
- Original title deeds, 30-year encumbrance certificate, and property valuation report.
- Patta, Chitta Nagal, and FMB copy of the property offered as collateral security.
- Latest tax paid receipts and legal opinion reports for the property.
- Factory inspector approvals, municipal permits, and PPA approvals.
- Pollution clearance (NOC) and electricity feasibility certificates.
References
Official Scheme Information - PIPDIC Schemes of Assistance
FAQ's
How do I create an account and begin the registration process on the application portal?
Visit the PIPDIC website at pipdic.in, click on 'Login', and select 'New customer' to create your account using your email and a secure password.
Why is OTP verification needed?
OTP is a required security step to verify your registered email address and give you access to your private customer dashboard.
What information do I need for my profile?
You must provide all professional details asked under the 'Edit Profile' section of your dashboard, as this data is used for your loan eligibility check.
What are the application fees?
For a loan up to ₹25,00,000, the fee is ₹100. For a loan above ₹25,00,000, the application fee is ₹200.
How can I track my application?
Log in to your dashboard and click on 'View My Application' to check the current status of your request, such as 'UNDER REVIEW'.
Who can I contact for help?
You can reach the Managing Director at 0413-2334361 or email info@pipdic.com. For administrative help, contact the General Manager at 9894653835.