1. When was SIDBI established?

SIDBI was established on April 2, 1990 under an act of Parliament. 

2. What is the business domain of SIDBI?

The business domain of SIDBI consists of small scale industrial units (Units in which the investment in plant and machinery does not exceed Rs.10 million). In addition, SIDBI's assistance flows to the transport, health care, hotel and tourism sectors, infrastructure, etc, and also to the professional and self-employed persons setting up small-sized professional ventures.

3. What are the objectives of SIDBI?

The preamble to the Small Industries Development Bank of India Act,1989 defines the objective of SIDBI as:"the principal financial institution for the promotion, financing and development of industry in the small scale sector and to co-ordinate the functions of the institutions engaged in the promotion and financing or developing the industry in the small scale sector and for the matters connected therewith or incidental thereto."In the SIDBI charter, four basic objectives are set out. They are:

• Financing
• Promotion
• Development
• Coordination for orderly growth of industry in the small scale sector.

4. Which are the various schemes of SIDBI?

SIDBI schemes can be broadly be divided into four categories:

• Refinance Schemes
• Bills Finance Schemes
• Project Related Direct Finance Schemes
• Promotional and Development Schemes

For details about the schemes under these broad groups, please refer to our website under the Products and Services category.  

5. Which are the schemes specifically operated for SC/ST or Physically handicapped persons?

SIDBI extends Refinance Assistance for SC / ST or Physically handicapped Persons. The Scheme is operated by primary lending institutions such as State Financial Corporations and Scheduled Commercial Banks. For more details, you may please approach with details of the project to the nearest SFC or Bank in your region.

6. Whom we should contact for ISO 9000 Certification financial assistance scheme?

SIDBI's assistance for ISO 9000 Certification also is routed through primary lending institutions such as State Financial Corporations, Banks, etc. You may please approach them with details of the project for further guidance. You may please approach nearest Office of SIDBI for seeking guidance for availing assistance directly.