Chandigarh rental subsidy

1. Udyam Registration Certificate in U.T. Chandigarh
2. In commercial operation at application and at disbursement; not a closed unit
3. Not a defaulter or NPA with any bank, NBFC or financial institution
4. Rent for occupation on or after 1 Apr 2024, actually paid; lease must be valid
5. Lease/rent deed duly stamped and registered where law requires
6. Premises must be lawfully usable for the activity
7. Self-owned premises not eligible; lease from immediate family must be disclosed and needs RFAMC recommendation

• 20% of eligible rent paid in the financial year, max ₹1,50,000 per financial year, for up to 3 financial-year claims

1. Eligible rent = basic rent incl. taxes; excludes security deposit, maintenance, electricity, water, municipal charges, brokerage, interest, fines

Part year counted proportionately

1. Up to 275 disbursements in total over the guidelines' life
2. First come first served; cash payments not eligible

• Application form (Annexure I-C)

Copy of latest URC

• Certificate of Incorporation / Partnership Registration with DIC / LLP / Co-operative Society Registration
• Board Resolution / Power of Attorney with names, specimen signatures and DIN
• Undertaking/Declaration on non-judicial stamp paper (Annexure II)
• CA certificate on registered rent/lease deed with stamp and seal (Annexure III)
• Registered lease/rent deed for a minimum of 5 years in favour of the unit/proprietor
• GST return / audited balance sheet for last financial year (as applicable)
• Copy of first sale bill and latest sale bill
• Any other document asked by the Department