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State scheme For Individual

Financial Assistance for Purchase of Existing Assets

Also known as FAPEA

The scheme aims to assist the units who are in existence for a minimum period of 2 years with good track record. The assistance is provided for purchase of existing land, building and machinery with prescribed residual life. The applications for this scheme are accepted online only.

Check full eligibility, documents and apply on the official myScheme portal

Opens the official page on myscheme.gov.in in a new tab.

Scheme at a glance

Level
State Government
Applies to
Individual
Applicable states
Puducherry

States

Details from the myScheme record

Benefit type: Cash Minority: No Disability: No Residence: Both Employment: Self-Employed/ Entrepreneur How to apply: Online

Tags

EntrepreneurIndustryLoanInvestmentAssetFinancial Assistance

Where this comes from. This page summarises public data from the official myScheme portal and organises it so you can find schemes quickly. We show the summary and who the scheme is for. We do not publish benefit amounts, detailed eligibility rules or the document checklist here, those live on the official portal and can change. Always confirm the details and apply on the official myScheme page. SchemesForMe is an independent directory and is not a government body.