"Interest Subsidy" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries"
Also known as IS-MESIFAI
The industrial units which have availed loans from financial institutions towards the creation of fixed assets and for working capital shall be eligible for an interest incentive to an extent of 25% of the annual interest amount paid. The applications are accepted offline.
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Scheme at a glance
- Level
- State Government
- Applies to
- Infra
- Applicable states
- Puducherry
Categories
Who it is for
States
Details from the myScheme record
Tags
Where this comes from. This page summarises public data from the official myScheme portal and organises it so you can find schemes quickly. We show the summary and who the scheme is for. We do not publish benefit amounts, detailed eligibility rules or the document checklist here, those live on the official portal and can change. Always confirm the details and apply on the official myScheme page. SchemesForMe is an independent directory and is not a government body.