ReferLoan

Quantum of Subsidy

  • 15% of actual term loan sanctioned for acquisition of plant & machinery subject to maximum ceiling of 15 lac i.e 15% of term loan of 1 crore.
  • The subsidy of 15% is available only to those enterprises that have invested in eligible plant & machinery by availing term loans from approved financial institutions.
  • The enterprises which are updating from small scale to medium scale due to  sanction of additional loans under CLCSS are also qualified for subsidy