"Interest Subsidy (For Micro, Small, Medium and Large New Industries)" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries - Various Incentives"
✓ Information verified — June 2026Through this scheme, the industrial units availing loans from financial institutions towards the creation of fixed assets and for working capital shall be eligible for an interest subsidy to an extent of 25% of the annual interest amount paid. The applications are accepted offline.
What You Get
- 25% subsidy on annual interest paid on loans taken from financial institutions
- Applicable for loans used to purchase fixed assets (machinery, equipment, building)
- Applicable for working capital loans needed for daily business operations
- Reduces the actual cost of borrowing for new industrial units
Who Can Apply
- Age: 18–100 years
- Residence: Puducherry residents only
- Must be a new industrial unit in Puducherry
- Must have taken a loan from a recognized financial institution
- Loan must be for creating fixed assets or working capital purposes
- Unit must be registered as Micro, Small, Medium, or Large industry
- Must comply with all applicable industrial regulations and licensing requirements
Documents Needed
0/8 collected
- 1. Loan Sanction Letter
- 2. Interest Payment Receipts
- 3. Industrial License
- 4. Bank Account Details
- 5. Company Registration Certificate
- 6. GST Registration Certificate
- 7. Proof of Fixed Asset Purchase
- 8. Identity and Address 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
- 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-v…Related Schemes
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