Taluka Category :
- Category 1: @7% of term loan amount disbursed with the maximum amount of Rs. 35 lakhs per annum for 7 years.
- Category 2: @6% of term loan amount disbursed with the maximum amount of Rs. 30 lakhs per annum for 6 years.
- Category 3(including Municipal Corporation areas): @5% of term loan amount disbursed with the maximum amount of Rs. 25 lakhs per annum for 5 years
- 1% Additional Interest Subsidy Will Be Given To SC/ST Entrepreneur/ Physically Challenged Entrepreneur/ Women Entrepreneur/ Start Up In Manufacturing Sector.
- 1% Additional Interest Subsidy Will Be Given To Young Entrepreneur Below The Age Of 35 Years On The Date Of Sanction Of Loan
- Maximum Interest Subsidy To Be Capped At 9% For All The Categories.
- The Interest Subsidy Will Be So Given That In Any Case, The Unit Will Have To Bear Minimum 2% Of Total Interest Levied On Term Loan
- For Existing Units, Who Switch To Solar Power, Interest Subsidy Will Be Provided On Term Loan As Per Rates Specified Above
