Mizoram interest subsidy

1. New enterprise located in Mizoram (commercial operation on/after commencement of IIP 2025)
2. Udyam Registration and State registration under formalisation scheme or verified under RAMP
3. At least 50% employees bona fide citizens of Mizoram (regular, contractual or daily)

Files GST returns

1. Not on negative list: tobacco products; non-biodegradable plastic below 120 micron; liquor except wine/beer permitted under Mizoram Liquor (Prohibition) Amendment Act 2025
2. Undertaking to run the unit at least 5 years after subsidy, else full refund; declaration that subsidy is refundable if false information/fake documents
3. Timely repayment; no subsidy on overdue loans
4. Loan for starting the enterprise at initial stage only

• Interest on term loan reimbursed at 5% per year (actual if loan rate below 5%), max ₹10 lakh per year, for 5 years from loan sanction

1. Yearly claims within one year of the period; first claim within one year of commercial operation and may include construction/moratorium interest
2. Only shortfall if other interest subsidy taken

• Application form for claim of State Incentive Subsidy (Part A: unit details, investment, power need, NIC code)

Copy of Udyam Registration

• Copy of Consent to Operate from Mizoram Pollution Control Board
• Copy of registration of incorporation
• Copy of loan sanction order

Bank statement showing interest payment

• Bank/FI certificate that repayment is standard and not overdue