Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS). Under this scheme, capital subsidy @15% is available to existing as well as new Micro and Small Enterprises (MSE) for purchase of New Plant & Machinery of improved Technology in selected sectors/products.
• @ 15% of term loan / credit amount or cost of P&M whichever is lower with a ceiling of Rs. 15.00 lakh for term loan sanctioned after 13.08.2019.
• Subsidy is available only to MSE units.
• The existing and/or new MSEs availing institutional finance for purchase of new plant and machinery with improved technology as specified under the scheme will be eligible.
• SC/ST, Women entrepreneurs and entrepreneurs with units located in NER and difficult areas will be eligible for acquisition / replacement of plant and machinery of any kind.
• Units can avail subsidy multiple times under this scheme up to the limit of Rs. 15 lakh.
• Beneficiary unit will have to remain in production for 3 years after installation and commissioning of the machinery on which subsidy is availed.
Vision Capital is a reputed name in the field of loan and subsidy. With more than 12+ years of rich experience and over 2000 satisfied clients, Vision Capital has laid a strong foundation. Customer satisfaction and Quality work have been the pillars of Vision Capital. We have a blend of young, smart, dynamic and experienced team consisting of CA, ICWA, MBA, Engineer and Lawyer, to cater all kind of support to our clients.
We understand the value of your Financial Need
