Intrest Subvention Scheme and Guidlines


Encouraging both manufacturing and service enterprises to increase productivity and provide incentives to MSMEs for on-boarding on GST platform which helps in formalization of economy, while reducing the cost of credit.

Eligibility/ Applicability :

All MSMEs who have valid GSTN Number and registered on Udyam portal

Nature of Assistance :

The interest relief will be calculated at two percentage points per annum (2% p.a.), on outstanding balance from time to time from the date of disbursal / drawal or the date of notification of this scheme, whichever is later, on the incremental or fresh amount of working capital sanctioned or incremental or new term loan disbursed by eligible institutions

How to Apply :

MSMEs may apply directly to eligible lending institutions under the scheme.

Contact :

Loan lending bank branch , CEO, SIDBI, ATMA RAM HOUSE, 1 Tolstoy Marg, New Delhi. The guidelines of this scheme can also be downloaded from the following

Intrest Subvention Scheme and Guidlines<
S No Subject Date Details
1 Modification in Guidelines of "Interest Subvention Scheme for Incremental Credit to MSMEs 2018"-reg. 13/12/2019 Open Details
2 Notification of Operational Guidelines for Implementing the "Interest Subvention Scheme for MSMEs, 2018 to MSMEs 2018"-reg. 05/12/2018 Open Details