The scheme aims to provide institutional credit for capital investments at reasonable interest rates and is implemented through the Karnataka State Financial Corporation (KSFC) in...
ब्याज सब्सिडी योजना Karnataka सरकार की योजना है (Startup & Innovation श्रेणी), जो Karnataka में लागू है। जानकारी का स्रोत/विभाग: Finance Department। आवेदन पूरे साल खुले हैं या अंतिम तिथि घोषित नहीं है। आधिकारिक पेज: ksfc.karnataka.gov.in।
The maximum loan size is ₹500.00 lakhs for Micro and Small Manufacturing Enterprises.
₹200.00 lakhs for manufacturing and allied services enterprises towards building, gross block of plant and machinery directly involved in production. The loan/s over and above these limits will carry contract rate of interest.
**Rate of Interest:**
KSFC shall sanction loans with prevailing contract rate of interest and the promoters shall pay the interest accordingly. To avail the interest subvention under the scheme, the beneficiary / borrower shall be regular in repayment of installments of all the loans availed by the Enterprises from KSFC. The effective interest rate to be paid by beneficiary /borrower is the difference of contract rate and interest subvention of 5.5% p.a. reimbursed by Government of Karnataka.
**Interest Subsidy [Subvention] Period:**
The unit is eligible for interest subsidy [subvention] for a period of 5 years from the date of first disbursement of the loan, even though if the repayment period extends beyond 5 years.
पात्रता (कौन ले सकता है)
Enterprises promoted by all categories of borrowers, proprietary concerns, partnership firms, companies & other legal entities.
The scheme is extended for all new investments in building, plant and machinery directly involved in production by new enterprises and existing enterprises by way of expansion, diversification, modernization and technology up-gradation etc., considering the gross block of plant and machineries.
Purchase of land from KIADB / KSSIDC or any other govt. agencies is not available under this scheme.
The unit which has already availed the interest subsidy under any other scheme of Government of Karnataka / Government of India are also not eligible for interest subsidy under this scheme.
The enterprise will be eligible for 5.5% p.a. interest subvention for a maximum period of five years from the date of first disbursement of respective loans even if the repayment period exceeds beyond five years.
**Activities covered under this scheme:**
Agro & Food Processing, Textile, Ready-made Garments, Engineering, Automobiles, Electrical & Electronics, Paper & Paper Products, Printing & Publishing, Telecommunications, Software & IT related and Wood based activities.
**Terms and Conditions:**
The terms and conditions of loan sanction such as promoters contribution, DER, Security requirement, viability of the project etc., shall be ensured as per the prevailing lending policy of the Corporation.
आवेदन कैसे करें
**Offline**
**Step 1:** The interested applicant should visit (during office hours) the Branch Office [Untitled-1](https://ksfc.karnataka.gov.in/storage/pdf-files/SCHEMES/ENG%20SUBVEN%20%20BROU.pdf) and request a hard copy of the prescribed format of the application form from the staff exclusively entrusted to issue and collect filled-in applications.
**Step 2:** In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).
**Step 3:** Submit the duly filled and signed application form along with the documents to the Branch Office.
**Step 4:** Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted.
Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).
ज़रूरी दस्तावेज़
Passport-size Photograph
Registration certificate
PAN Card
Audited financial statements (if expanding an existing unit)
Bank account details for loan disbursement
Any other documents as specified by KSFC during the loan process
त्वरित जवाब
Who is eligible to apply?
All categories of enterprises including proprietary concerns, partnerships, and companies that are making new investments in building, plant, and machinery for production purposes.
For how long is the interest subvention provided?
The 5.5% interest subvention is provided for a maximum of five years from the first disbursement.
Can enterprises that have availed of other subsidies apply?
No, enterprises that have already received interest subsidies under other schemes from the Government of Karnataka or the Government of India are not eligible.
What are the eligible uses of the loan under this scheme?
The loan can be used for investments in building, plant, and machinery directly involved in production.
Are SC/ST and women entrepreneurs eligible?
If they have already availed of subsidies from other schemes, they are not eligible for this scheme.
Is the purchase of land eligible for the loan?
No, the purchase of land from KIADB, KSSIDC, or any other government agencies is not covered under the scheme.
How is the interest subvention reimbursed?
The Government of Karnataka reimburses the difference between the contract rate and the 5.5% interest subvention.
What happens if I default on the loan repayment?
Enterprises that default on loan repayment will not be eligible to continue receiving the interest subvention.
Can loans be refinanced under this scheme?
No, refinancing or takeover of loans from other banks, NBFCs, or financial institutions is not allowed under this scheme.
What is the term of the loan repayment?
The loan repayment period depends on KSFC policies, but the interest subvention applies for up to 5 years.