A Scheme for Conversion / Retrofitting of CNG/ LPG kits in Auto Rickshaws" : The Scheme aims at providing term loan for Conversion / Retrofitting of CNG/ LPG kits in Auto Rickshaws so as to curb pollution .
Maximum loan amount is Rs 25,000/ or Cost of CNG/LPG Kit whichever is less.
The loan is repayable in 36 Equated Monthly installments in 3 years. A moratorium up to three months may be given on merit of each case. The first installment of loan shall fall due after one month of disbursement of loan / moratorium period.However, the interest during the moratorium period is to be repaid every month.