<h1>SPMCIL Achieves Debt-Free Status After Repaying Rs. 700 Crore Loan to Central Government in Four Installments.</h1> Security Printing and Minting Corporation of India Limited (SPMCIL) has become a debt-free company after repaying a Rs. 700 crore interest-free loan to the Central Government in four equal installments, concluding with a Rs. 175 crore payment in March 2012. Established in 2006, SPMCIL, a Miniratna Category-I CPSE, oversees the minting of coins and printing of banknotes and other security documents. The company has seen significant production and profitability growth, achieving record production levels and a net profit of Rs. 577 crores in FY 2010-11. SPMCIL has also implemented a capital expenditure plan of Rs. 2500 crores over five years.