@ 5% with a ceiling of Rs. 25.00 Lakhs per annum for 5 years within Municipal Corporation Area.
@ 7% with a ceiling of Rs. 30.00 Lakhs per annum for 5 years outside Municipal Corporation Area.
– 1% additional interest subsidy to units with 100% ownership of physically challenged or woman entrepreneurs.
– 1% additional interest subsidy to entrepreneurs below 35 years age on the date of sanction of loan.
New MSME of Service Sector will be eligible for @ 5% with a ceiling of Rs. 25.00 Lakhs per annum for 5 years on Term Loan of Machinery & Equipment anywhere in the State.
• Enterprise has to apply to concerned DIC within 1 year from the date of 1st disbursement of term loan or before the date of commencement of commercial production, whichever is later.
• Late submission of application will be considered subject to deduction of proportionate amount of interest subsidy from maximum ceiling.
• Subsidy will be released only after commencement of commercial production.
• Enterprise has to remain in production for 5 years from the date of commencement of commercial production.
We understand the value of your Financial Need
