"Interest Subsidy" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries"
✓ Information verified — June 2026The industrial units which have availed loans from financial institutions towards the creation of fixed assets and for working capital shall be eligible for an interest incentive to an extent of 25% of the annual interest amount paid. The applications are accepted offline.
What You Get
- Interest subsidy of 25% of the annual interest amount paid on loans taken from financial institutions
- Reduces the cost of borrowing for setting up fixed assets and working capital
- Helps industrial entrepreneurs manage their loan repayment burden
- Available to industrial units across Puducherry
Who Can Apply
- Age: 18–100 years
- Residence: Puducherry residents only
- Must be an industrial unit registered in Puducherry
- Must have taken a loan from a recognized financial institution or bank
- Loan must be for creation of fixed assets or working capital
- Business must be operational and active
Documents Needed
0/7 collected
- 1. Loan Agreement
- 2. Bank Statement
- 3. Business Registration Certificate
- 4. Factory License
- 5. Proof of Interest Payment
- 6. Aadhaar Card
- 7. Bank Passbook
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
- Puducherry
- 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/is-mesifai…Related Schemes
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