| Category of Talukas | Interest Subsidy | Upper Limit | Duration |
|---|---|---|---|
| Category – 1 | 7% of ROI | 35 lakh | 7 years |
| Category – 2 | 6% of ROI | 30 lakh | 6 years |
| Category – 3 & All Municipal Corporation Areas | 5% of ROI | 25 lakh | 5 years |
• Interest Subsidy is available to Micro, Small and Medium Enterprise.
• Interest Subsidy is available to Manufacturing and New and registered MSME Service Sector Units
• Subsidy will be released after commencement of commercial production.
• New enterprise and existing enterprise that carries out expansion are eligible for it.
• 1% additional subsidy to PH, women (100% holding of women), registered Start-up.
• 1% additional subsidy to young entrepreneur below age of 35 years.
• Minimum 2% Interest shall be borne by the enterprise.
• Existing Enterprise that installs Solar Power Plant for captive consumption shall be eligible.
Under this Scheme, rent subsidy is available to Micro, Small Enterprise (MSE) which is on legal rented Premises can Availed subsidy.
Assistance at rate of 65% of paid rent paid (reimbursement of rent paid) by the Enterprise with maximum limit of Rs. 1,00,000/- (one Lakh) per Annum.
• Rent must be pain in cheque/ E- Payment.
• Service and Trading Activity will not eligible under this scheme
• Rent agreement between Family Member/blood Relations will not eligible
• Assistance will be provided for Five Year
Under this scheme, New Industrial Units are provided exemption from paying Electricity Duty upto 5 years on Industrial Electricity Consumption from the date of commencement of production.
New Industrial Units will be eligible for exemption from Electricity Duty for industrial electricity consumption for 5 years from the date of commencement of production.
The Existing Industrial Units undergoing expansion will be eligible for exemption from Electricity Duty for industrial electricity consumption at the expansion Unit for 5 years from the date of commencement of production.
The subsidy is in the form of exemption, therefore, the bill amount will be reduced.
• Electricity Connection must be in the name of firm. However, for Proprietorship concern, the connection can be in the name of owner.
• Subsidy application must be submitted within 90 days from the date of commencement of production or the delay period will be deducted from the exemption period.
• The expansion should be more than 50% of existing capital investment or more than Rs. 100 crore.
We provide end-to-end financial support tailored to your business needs.
Reach out to our experts for personalized financial solutions. We are here to ensure 100% success in your loan and subsidy applications.
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.
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