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Credit Linked Capital Subsidy

15% Subsidy on the landed cost of new machinery / Equipment – by Ministry of MSME – Central Govt. Scheme effective for period Oct 2005 ~ March 2012.

Salient Features:

  • 48 different industry segments covered.
  • Maximum Subsidy of 15 lacs – (once in lifetime).
  • Machinery need to be bought against the Term Loan.
  • Investment in P&M must be less than 5 Crs before the sanction of the Term Loan.
  • Machineries need to match the scheme booklet.
  • Sanction of subsidy takes around 8 ~ 11 months.

Eligibility:

  • All Earlier SSI units and “Micro” & “Small” Enterprises (as per MSMED Act 2006) and units graduating to next scale during the year of addition are eligible.
  • Availed Term loan for purchase of new machinery from Banks, KSFC, SFC, SIDBI, NSIC etc. after 1st October 2005.
  • Micro & Small Enterprises with investment up to Rs. 500 lacs, after 2.10.06.
  • Sector/ Sub Sector as per Scheme.
  • Purchase of New machinery - Technology need as Specified in the Scheme.

Pdfs

Subsidy

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