"Back Ended Interest Subsidy" by the Govt of Tamil Nadu, is introduced with the objective of reducing financial burdens of all new micro and small manufacturing enterprises who have already availed loans from banks/ other government organizations by assisting them through a subsidy on term loans.
Tamil Nadu | subsidy | business
5% interest subsidy on term loans for 5 years, maximum ₹20 lakh for CGTMSE loans up to ₹2 crore, maximum ₹25 lakh for technology upgradation loans up to ₹5 crore
Eligible categories: General
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Scheme details may change over time. Please verify eligibility and benefits on official government websites. For help applying, visit your nearest Common Service Centre (CSC) or contact your elected representative.