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Interest Subsidy under Micro, Small, and Medium Enterprises

Micro, Small and Medium Enterprises (MSME) policies provide interest subsidies primarily for micro units. These units are eligible for a 50% interest subsidy on loans, with a maximum ceiling of Rs 25 Lakh per unit, payable annually for five years. Additionally, there is a provision for a reimbursement of 60% of the annual interest paid on loans for the purchase of plant and machinery.


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Objective

  • 50% interest subsidy, payable annually for five years, subject to ceiling of Rs 25 Lakh/ unit
  • 60% interest subsidy for SC/ ST and women entrepreneurs, payable annually for five years, subject to ceiling of Rs 25 Lakh/ unit
  • Infrastructure Interest Subsidy- Approved MSME industrial parks/ estates/ flatted factory complex (minimum area of 4000 square metres for flatted factory complexes) projects with area of 10 acres or more, will be eligible for annual infrastructure interest subsidy of up to 50%, subject to ceiling of Rs 2 Crore, annually
  • Infrastructure interest subsidy will be payable for 7 years

Eligibility

1

Applicant must have registered unit.

2

Only micro units will be eligible for interest subsidy

How to Apply?

01

Applicants applies directly from Directorate of Industries UPMSME portal . Link-https://www.diupmsme.upsdc.gov.in

02

Applicant login to its profile/ Creates profile if new user.

03

Applicant selects respective scheme from beneficiary section and fills all the details.

Scheme

Details & Documents

Subject Type Size Action
Interest Subsidy under Micro, Small, and Medium Enterprises PDF 372KB