§1Who it is for

  • New MSMEs of identified category with term loan for building and P&M

Useful if

Bank-financed MSMEs.

Do not spend time on it if

Self-financed units.

§2Eligibility

New MSME of identified category

  1. Term loan from notified commercial bank, FI, state co-op bank, RRB or recognised FI

§3Benefits

  • Micro 4%, small 3%, medium 2% of interest, for max 3 years, with yearly caps by area

§4Norms — pattern of assistance

  1. Category A: micro 4% (max ₹5 lakh/yr), small 3% (₹6 lakh), medium 2% (₹7 lakh)
  2. Category B: 4% (₹4 lakh), 3% (₹5 lakh), 2% (₹6 lakh)
  3. Category C: 4% (₹3 lakh), 3% (₹4 lakh), 2% (₹5 lakh)
  4. Category D: 4% (₹2 lakh), 3% (₹3 lakh), 2% (₹4 lakh)
  5. Maximum 3 years; paid post-production on claim

§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

    Online claim via DIC

§7Pros and cons

Merits

  • Available to small and medium too

Demerits

  • Only 3 years

→Related schemes

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

Sources

  1. Uttarakhand MSME Policy 2023 - English notification (Directorate of Industries)

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