BICICO provides financial assistance under the following schemes:

1. Normal Term Loan : Loan upto Rs 90.00 lakhs is provided for setting up an industrial unit in small/medium/large sector.The scheme should not be in the negative list of the Corporation.Repayment period normally varies from 8 to 10 years.

Interest rate 15.5% (PLR)

2. Equipment Finance Scheme: An Industrial unit in operation for at least 4 years and running in profit for at least two preceding financial years may avail term loan upto Rs 90.00 lakhs for acquisation of machineries/balancing equipments.The loan is repayable within five years.

Interest rate 15.5% (PLR)

To Get Financial Assistance an entrepreneur is required to submit applications in triplicate for Normal term Loan and in duplicate for Equipment Finance scheme in the prescribed application form along with copy of project reports to the Corporation at its office at 4th floor, Indira Bhawan ,Patna 800 001. Prescribed application formfor normal term loan can be obtained from the Industrial Promotion Division on payment of Rs. 400/- (Rupees four hundreds) by cash/demand draft/money order in favour of ''Bihar state Credit and Investment Corporation Ltd payable at Patna.Apllication Form under the Equipment finance Scheme is available free of cost.