"Back Ended Interest Subsidy" by the Govt of Tamil Nadu, is introduced with the objective of reducing financial burdens of all new micro and small manufacturing enterprises who have already availed loans from banks/ other government organizations by assisting them through a subsidy on term loans.
"Back Ended Interest Subsidy" by the Govt of Tamil Nadu, is introduced with the objective of reducing financial burdens of all new micro and small manufacturing enterprises who have already availed loans from banks/ other government organizations by assisting them through a subsidy on term loans.
- Subsidy of 5% on term loans subject to a maximum of ₹ 20,00,000 is given for a period of 5 years to all new micro and small manufacturing enterprises for term loans up to ₹ 2,00,00,000 obtained for Credit Guarantee Fund Trust Scheme (CGTMSE). - Subsidy of 5% on term loans subject to a maximum of ₹ 25,00,000 is given for a period of 5 years to all new micro and small manufacturing enterprises for term loans up to ₹ 5,00,00,000 obtained for technology up-gradation / modernization. - The maximum amount of BEIS payable per loan shall be ₹ 10,00,000 only on loans taken up to ₹ 1,00,00,000. > **Mode of Payment** Interest subsidy shall be reimbursed once in three months on a quarterly basis to the financial institutions.
Step 1: Online application — step 1
*Access the User Manual for Online Application here
Step 2: Online application — step 3
Step 1: Registration
Step 3: Online application — step 4
Visit the Official Website/Portal of the Micro, Small, and Medium Enterprises Department of the Government of Tamil Nadu. In the top ribbon, click " Login / Registration ". In the registration form, fill in the mandatory details accurately, Name, Date of Birth, Aadhaar Number, Email ID, and Mobile Number. Create a new password. The password must contain a minimum of 8 characters, 1 Upper Case Letter, 1 Lower Case Letter, and 1 Numeric Field. Fill in the captcha code, and click "Register".
Step 4: Online application — step 6
Step 2: Login
Step 5: Online application — step 7
Visit the Login Page and click "Login", and then fill in the credentials received on your registered Email ID and the registered Mobile Number.
Step 6: Online application — step 9
Step 3: Form Filling
Step 7: Online application — step 10
After successfully logging in, hover over "Schemes" in the top ribbon, and then click on the concerned scheme from the dropdown. On the next page, hover over "Apply Online" in the top ribbon, and then click on "New Application" from the dropdown. Fill in all the mandatory fields of the Application Form. Carefully review all the information provided, acknowledge and agree to the terms and conditions, declaration, and privacy policy, and then click "Proceed". Note down the reference number appearing on the screen and then click "Close".
Step 8: Online application — step 12
Step 4: Upload Documents
Step 9: Online application — step 13
Now, hover over "Schemes" in the top ribbon, and then click "Upload Documents" from the dropdown. On the next page, provide the Application ID and click "Submit". On the next page, upload all the mandatory documents in the specified format and size. After uploading the documents, click "View" to verify the documents uploaded for correctness.
Step 10: Online application — step 15
Step 5: Submission
Step 11: Online application — step 16
Fill in all the checkboxes appearing at the bottom of the screen and then click "Submit Application". The message regarding the submission of the online application to GM/DIC / RJD will be received on your mobile phone.
Step 12: Online application — step 18
(Optional) Step 6: Track Application Status
Step 13: Online application — step 19
You can check the status of your application here . The portal may provide updates via email or SMS regarding your application status.
Step 14: Online application — step 21
*Access the Preview of the Application Form here
Step 15: Online application — step 22
*Access the Sample of a Filled Application Form here
Applications are accepted only on the official government portal.
Open Official WebsiteThe Union Territory of Lakshadweep has implemented the scheme “25% Capital Investment Subsidy” to provide financial assistance to local entrepreneurs for promoting Micro and small Enterprises in Lakshadweep.
The "40% subsidy on Hank Yarn, Dyes & Chemicals Scheme" is a Subsidy Scheme by the Dept. of Handlooms & Textiles, Govt. of Andhra Pradesh. The assistance will be in the form of Grant from the State Govt. The subsidy will be available only on purchases / procurements from NHDC & APCO.
The scheme aims to reduce financial stress for ST students pursuing foreign education by providing up to ₹1,50,000 subsidy on interest for 3 years.
The scheme aims to promote self-employment among scheduled tribe (ST) individuals by making business loans affordable. Under this scheme, ST beneficiaries availing loans for self-employment are provided a interest subsidy to reduce financial burden and encourage entrepreneurship.