Scheme for Hotel and Restaurant Projects
By Pondicherry Industrial Promotion Development and Investment Corporation (PIPDIC)
Check your eligibility
Sign up and we'll tell you whether your startup qualifies for this grant.
Quick Answer
This scheme by PIPDIC offers financial assistance to entrepreneurs for setting up hotel and restaurant projects in urban areas of Puducherry, with a project cost limit of ₹12 crore.
- Funding amount
- Up to ₹12Cr
- Funding type
- Debt
- Application deadline
- Rolling
- Location
- Puducherry
About this loan
The "Scheme for Hotel and Restaurant Projects" was initiated by the Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC) in collaboration with the Department of Industries & Commerce, Puducherry. Its primary goal is to provide financial assistance to entrepreneurs interested in establishing new hotel and restaurant ventures within urban areas of the Union Territory. The scheme is designed to bolster the hospitality sector by easing the financial burden on new establishments, thereby promoting economic development and job creation in Puducherry. Applications for this program are processed entirely online through the official PIPDIC portal, ensuring a streamlined and accessible application experience for all eligible entrepreneurs.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
Provider
Pondicherry Industrial Promotion Development and Investment Corporation (PIPDIC)Puducherry · Puducherry · India
Benefits & Funding
- Amount
- Up to ₹12Cr
- Fund type
- Debt
- Equity
- Equity-free
- Repayment
- Repayable
What You Get
- Financial Assistance: Entrepreneurs can receive a loan to set up hotel and restaurant projects in urban areas. The loan limit is need-based, supporting ventures with a project cost not exceeding ₹12 crore (₹120,000,000).
- Flexible Repayment: The scheme offers a repayment period of up to 10 years, which includes a moratorium period, providing ample time for projects to stabilize and generate revenue before full repayment commences.
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Applications are submitted online and undergo an initial review process by the Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC). This review assesses the eligibility of the entrepreneur and the viability of the proposed hotel or restaurant project against the scheme's criteria, including financial aspects and project feasibility. The status of the application can be tracked by the applicant through their online dashboard, which will initially show a status like 'UNDER REVIEW' as it moves through the evaluation stages.
Application Process
- 1
Register & Create Profile
Create an account on the PIPDIC portal and complete your profile.
You - 2
- 3
- 4
- 5
- 6
- 7
- 8
How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 4
Submit on the official portal
Use the official application link and verify all details before final submission.
- 5
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Program templates & documents
Files the program publishes for applicants — download these and apply in the prescribed format.
Frequently Asked Questions
What kind of projects are eligible for financial assistance under this scheme?
The scheme primarily targets entrepreneurs who are setting up new hotel and restaurant projects in urban areas of Puducherry.
What is the maximum project cost supported by this scheme?
The maximum project cost allowed under this scheme is ₹12,00,00,000/- (₹12 crore).
How long is the repayment period for the loan?
The repayment period can extend up to 10 years, including any moratorium period.
Is there an application fee for this loan?
Yes, there is an application fee. For loans up to ₹25,00,000/-, the fee is ₹100/-. For loans above ₹25,00,000/-, the fee is ₹200/-.
How can I track the status of my application?
After submission, customers can monitor their application status, which will initially show 'UNDER REVIEW', by clicking the "View My application" link on their dashboard.
Whom should I contact for grievances or support?
For grievances or support, you can contact the Managing Director or the General Manager (Administration) of PIPDIC. Contact details include phone (0413-2334361) and email (info@pipdic.com).
Sources
Data on this page is compiled from official program and provider references.
