Capital Subsidy For Machinery

 

Category I Taluka @25 % Of Term Loan Amount Subject To A Maximum Amount Of Rs. 35 Lakhs; If The Eligible FCI Is Over Rs.10 Crores, Additional Rs.10 Lakh Will Be Given
Category II Taluka @20 % Of Term Loan Amount Subject To A Maximum Amount Of Rs. 30 Lakhs: If The Eligible FCI Is Over Rs.10 Crores, Additional Rs.7.5 Lakh Will Be Given
Category III Taluka And Municipal Corp. Areas @10 % Of Term Loan Amount Subject To A Maximum Amount Of Rs.10 Lakhs: If The Eligible FCI Is Over 10 Crores, Additional Rs.5 Lakh Will Be Given

(Classification of Category Wise Talukas Based on Investment will be Decided Later on)

Conditions For Capital Investment Subsidy:-

  • Enterprise Shall Have To Apply At Online Portal Within One Year From The Date Of First Disbursement Of Loan, Or On Or Before The Date Of Commencement Of Commercial Production Whichever Is Later. The Application Submitted After One Year Will Not Be Entitled For Capital Subsidy.
  • Capital Investment Subsidy Will Be Paid Only After Commencement Of Commercial Production Of The Enterprise.
  • The Enterprise Will Not Be Eligible For Capital Investment Subsidy Under This Scheme If, Term Loan Is Sanctioned After One Year From The Date Of Commencement Of Commercial Production.
  • If Enterprise Is Availing Capital Subsidy Under Scheme Of Central Government Then Total Quantum Of Capital Subsidy From State And Central, In Any Case Shall Not Exceed The Total Loan Amount Disbursed By Bank/ Financial Institution.