Car Loan Scheme

About This Scheme

The "Car Loan Scheme" was launched by the Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC), Department of Industries & Commerce, Puducherry. The scheme aims to assist the employees of the Government of Puducherry & Employees of the Government of Puducherry undertaking for the purchase of a new car for personal use. The applications for this scheme are accepted online only.

Eligibility

The scheme is applicable to the employees of the Government of Puducherry & Employees of the Government of Puducherry undertaking.

Benefits

Loan Limit: 70% of the cost of the vehicle. Security: Immovable property situated in the UT of Puducherry to the extent of 100% of the loan amount.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.