Incentive Scheme for MSMEs in Powerloom Sector: Interest Subsidy on Term Loan

“Interest Subsidy on Term Loan” incentives under the “Incentive Scheme for MSMEs in Powerloom Sector” scheme implemented by the Dept. of MSME & T, Government of West Bengal, aims to provide subsidy on annual interest liability on the Term Loan borrowed from a Bank to an approved project.

West Bengal | subsidy | business

Benefits

Interest subsidy on term loans: 55-70% for micro & small enterprises, 25% for medium enterprises (up to ₹1.75 crore per year) for 5 years

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.