Scheme for Additional Interest Subsidy over and above RIPS 2024 and Reimbursement of Annual Credit Guarantee Fee
✓ Information verified — June 2026As per the MSME Policy 2024, it supports the establishment of new MSMEs and the expansion, diversification, or modernization of existing ones by offering interest subsidies and reimbursement of guarantee fees to ease access to finance and reduce the cost of credit.
What You Get
- Additional interest subsidy on bank loans for new and existing MSMEs
- Reimbursement of annual credit guarantee fees charged by banks
- Reduced cost of credit to ease access to finance
- Support for business expansion, diversification, and modernization
- Collateral-free or reduced collateral loan options
Who Can Apply
- Age: 18–100 years
- Residence: Rajasthan residents only
- Business must be a registered MSME (Small or Medium Enterprise)
- Business can be new (just starting) or existing (already operational)
- Located in or operating in Rajasthan
- Applied for a bank loan under recognized MSME credit schemes
- Business must meet MSME definition criteria for investment and turnover
Documents Needed
0/8 collected
- 1. Aadhaar Card
- 2. PAN Card
- 3. Business Registration Certificate
- 4. Bank Account Passbook
- 5. Loan Sanction Letter
- 6. GST Registration Certificate
- 7. Business Plan Document
- 8. Property Ownership 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
- Rajasthan
- 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/saisoarracgf…Related Schemes
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