Banglashree for Micro, Small and Medium Enterprises: Interest Subsidy on Term Loan (IS)
✓ Information verified — June 2026“Interest Subsidy on Term Loan (IS)” incentives under “Banglashree for MSMEs” scheme implemented by the MSMEs Dept., Government of West Bengal, aims to provide Interest Subsidy on annual interest liability on the Term Loan borrowed from a Commercial Bank to an eligible micro or small enterprise.
What You Get
- Interest subsidy on annual interest liability of term loans from commercial banks
- Financial assistance to reduce borrowing costs for micro and small enterprises
- Support for business expansion and growth through affordable credit
Who Can Apply
- Age: 18–100 years
- Residence: West Bengal residents only
- Business must be classified as a Micro or Small Enterprise
- Applicant must have borrowed a term loan from a scheduled commercial bank
- Enterprise must be registered or recognized under relevant state/central regulations
- Applicant must be a resident of West Bengal
Documents Needed
0/7 collected
- 1. Aadhaar Card
- 2. Business Registration Certificate
- 3. Bank Loan Agreement
- 4. Income Statement
- 5. Bank Passbook
- 6. GST Certificate
- 7. Identity Proof
How to Apply
- 1Check your eligibility criteria above
- 2Gather all required documents listed below
- 3Visit the official portal (linked below)
- 4Fill the application form online / offline
- 5Submit the form and note your application reference number
- 6Track status on the official portal or visit nearest CSC
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Quick Facts
- Scheme Level
- West Bengal
- Category
- Employment
- Target Gender
- All genders
- Age Group
- 18–100 years
- Application
- Check portal
- Last Updated
- 14 Jun 2026
Official Source
Last Verified
14 June 2026
Official Portal
www.myscheme.gov.in/schemes/bisRelated Schemes
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