Kerala State Film Development Corporation

Credit card Scheme

           This scheme provides picture Negative, Picture Positive etc. in addition to the technical facilities offered under package for a limited credit period or ninety days from the date of starting the shooting work. Under this scheme the producer has to book the studio facilities on an initial payment of Rs. 5000/- and furnish a demand Draft / Cash for Rs.2 Lakhs and a bank guarantee for Rs. 5 lakhs or 10 lakhs. Facilities including Raw Stock will be provided for double the amount covered in the bank guarantee. Interest at normal bank rate will attract on the outstanding amount for the period beyond 90 days. In both the credit card and package schemes the producer has to execute a production agreement with the corporation on a stamp paper worth Rs. 50/- purchased in the name of the producer. 50% of the anticipated subsidy amount will be adjusted in the final bill after the film is censored and after clearance by the committee constituted to assess the standard and quality of the film.