§1Who it is for

  • GST-registered MSMEs with fresh or incremental loans (during the scheme period)

Useful if

Reference only

Do not spend time on it if

Anyone planning a loan today

§2Eligibility

Not published

The guideline does not list eligibility conditions. Ask the portal or bank before you apply — we do not make up lists.

§3Benefits

  • Interest relief of 2 percentage points p.a. on fresh or incremental working capital or term loans (Vikaspedia summary).

§4Norms — pattern of assistance

Not published

The guideline does not list the norms. Ask the portal or bank before you apply — we do not make up lists.

§5Documents

Not published

The guideline does not list the documents. Ask the portal or bank before you apply — we do not make up lists.

§6How to apply

  1. 1

    Not applicable now. The scheme period ended.

§7Pros and cons

Merits

  • Was linked to GST registration, which pushed units onto the GST platform.

Demerits

  • Time-bound (two financial years). No current central MSME interest subvention scheme was found. Some states run their own interest subsidies; see the state profiles.

→Related schemes

Need help with MSME interest subvention 2018?

Eligibility check, DPR and application file — ask us on WhatsApp.

WhatsApp usServices

Our interestHelp is our paid service. You can also apply for the scheme yourself.

Sources

  1. Vikaspedia (Govt of India portal): Interest Subvention Scheme for MSMEs

Checked on 18 October 2026. For information only — confirm with the department or bank. Spotted a mistake? Report it.