Bill Discounting Scheme

Organisation

National Small Industries Corporation (NSIC)

Objective

To cover the risk of the small scale units.

Eligibility

Sellers: Small Scale Units, Buyers: i) State & Central Govt. Departments / Undertakings, ii) Public Ltd. Companies.

Brief

The Scheme covers purchase / discounting of bills arising out of genuine trade transactions i.e. purchase of supplies made by small scale units to reputed Public Limited Companies / State and Central Govt. Departments / Undertakings.