Interest Subsidy on Loan
The government pays 8% of your bank loan interest (for loans up to ₹1 crore) and 7% for loans between ₹1–2 crore — every year for 5 years. Women, SC/ST, PwD, rural applicants, and artisans get an extra 1%.
Free Cash Grant (Margin Money)
After running your business successfully for 3 years, you receive a cash grant equal to 25% of your loan amount — up to ₹5 lakh — credited directly to your bank account. No repayment needed.
No Collateral Required
Your loan is covered under the CGTMSE scheme, which means you don't need to mortgage your property or pledge any asset. The government acts as your guarantor with the bank.
Loan up to ₹2 Crore
Get a project loan of up to ₹2 crore with a comfortable repayment tenure of 7 years and a 6-month holiday period before your EMIs begin. Working capital up to 30% of project cost is also included.
- Age 18 to 45 years — you must be within this age bracket at the time of application.
- Starting or running a manufacturing or service business — traders or resellers are not covered under this scheme.
- Micro or Small Enterprise — your business must qualify as a Micro or Small Enterprise as per government norms.
- No prior subsidy in the last 5 years — you should not have received any government subsidy or interest benefit in the past 5 years.
- Companies, LLPs, partnerships also eligible — as long as 51% or more ownership belongs to people aged 18–45.
- Not eligible if you are a bank defaulter or if your loan has already been sanctioned by a financial institution before applying.
Not sure if you qualify? Our team at C&S Consultancy will check your eligibility for free and handle the entire application process — from DPR preparation to subsidy disbursement. Just give us a call or WhatsApp.