Scheme for Acquisition of Electro-Medical and Other Equipment (PIPDIC) gives financial support to registered medical practitioners in Puducherry for buying and installing electro-medical and related devices. The online application is handled through the official PIPDIC portal, and the scheme is open for new applications.
Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC) runs this scheme under the Department of Industries and Commerce, Puducherry. It helps doctors upgrade their clinics with modern diagnostic and treatment machines, so patients get better care close to home.
Scheme for Acquisition of Electro-Medical and Other Equipment - Introduction
Scheme for Acquisition of Electro-Medical and Other Equipment (PIPDIC) is a state level scheme made for registered medical practitioners. The main aim is to reduce the money burden of buying costly electro-medical tools, so that clinics and small hospitals can offer better services without waiting for years to save up.
For example, if a doctor needs to set up a new diagnostic machine for a clinic, this scheme can help cover the cost. The total value of the equipment must not exceed ₹60,00,000. Anyone who fits the basic conditions can start the online process through the official PIPDIC portal.
PIPDIC also runs other help lines for businesses and professionals in Puducherry, like the Single Window Scheme (PIPDIC), so a single agency can handle both term loans and working capital needs.
Key Information
| Detail | Information |
|---|---|
| Scheme Name | Scheme for Acquisition of Electro-Medical and Other Equipment (PIPDIC) |
| Level | State |
| Scheme For | Individual |
| Beneficiary State | Puducherry |
| Benefit Type | Cash support |
| Nodal Department | Industries and Commerce Department, Puducherry |
| Maximum Equipment Cost | ₹60,00,000 |
| Official Website | pipdic.in |
Benefits
This scheme provides cash support to registered medical practitioners for the acquisition and installation of electro-medical and other related equipment. A doctor can use the money to buy diagnostic machines, treatment devices and other modern tools needed to run a clinic well.
The support is a loan, so the amount has to be repaid as per the terms set by the corporation. The total cost of the equipment must not exceed ₹60,00,000. This limit keeps the scheme simple and makes sure the support reaches clinics that genuinely need to upgrade.
Eligibility
To apply for this scheme, the basic conditions are simple and clear:
- Registered medical practitioner - The applicant must be a registered medical practitioner, which means the person holds a valid registration to practice medicine.
- Equipment cost limit - The total cost of the equipment to be acquired must not exceed ₹60,00,000.
Application Process
Application for this scheme is done online through the PIPDIC portal. Follow these steps in order to complete the process without errors.
STEP 1 - Visit the official PIPDIC website and click on "Login". Choose "New customer" to create an account using an email and a secure password. Verify the account through the OTP sent to the registered email.
STEP 2 - Once logged in, update the profile under the "Edit Profile" section. Then go to the "Applications" tab to start the request. Review the checklist about interest rates and collateral, and select "I Agree" to open the application form.
STEP 3 - Fill in the application details and upload the biodata along with the required KYC documents. After submission, pay the application fee online or as guided. For loans up to ₹25,00,000, the fee is ₹100, and for loans above this amount, it is ₹200. Keep the payment receipt safe for later reference.
STEP 4 - Track the application status under the "View My Application" section on the dashboard after submitting the form.
Documents
Keep the following documents ready before starting the application, so the process goes smoothly:
- MSME Registration Certificate - A copy of the MSME registration certificate of the practice or unit.
- Lease or Sale Deed - A registered lease deed of at least 8 years or a sale deed for the premises.
- Site and layout plan - Site and building layout plan prepared by an approved valuer.
- Quotations - Quotations from suppliers with detailed specifications of the equipment.
- Comparative statements - Comparative statements for machinery pricing.
- Partnership deed - Partnership deed or memorandum, if applicable.
- KYC documents - Aadhaar Card, PAN and bank passbook.
- Project report - A detailed project report for the planned equipment.
- Financial statements - Latest three years of balance sheets and profit/loss statements for existing units.
- Investigation fee receipt - Receipt for the investigation fee of 0.75% of the loan amount plus taxes.
References
FAQ's
How do I start the application process?
Visit the official PIPDIC website, register as a new customer, and continue through the customer dashboard to fill out the loan application form.
What are the application fees?
The application fee is ₹100 for loans up to ₹25,00,000 and ₹200 for loans above this amount.
How can I track my status?
Log into the dashboard and check the "View My Application" section to see the current status of the application.
Who can I contact for help?
Reach the office at No.60, Romain Rolland Street, Puducherry 605001, call 0413-2334361, or email info@pipdic.com for support.