StatePunjab (State) Verified 2026-07-05

Punjab IBDP 2022 Interest Subsidy for Border/Kandi/Women/SC Enterprises

Interest subsidy at 5% per annum, subject to a maximum of Rs 5 lakh per year for 5 years, for MSMEs in Border Districts, Kandi areas and for Women and SC enterprises. Additional 5% interest subsidy (max Rs 5 lakh/year for 5 years) for units eligible under GOI CLCSS.

Maximum benefit value

₹5 L

Eligibility

MSME in Border Districts / Kandi areas, or Women/SC-owned enterprise
Udyam Registration
Term loan from bank/financial institution

How to apply

Apply online via the Invest Punjab Business First portal; interest subsidy disbursed annually against eligible term loan.

Required documents

Udyam Registration
Bank loan sanction and interest statements
Category proof (Women/SC/location)

Official sources

Punjab Industrial and Business Development Policy 2022 (official) ↗

Verification notes

Clause 12.8 (items 3 and 4) of Punjab IBDP 2022. 5% p.a., Rs 5 lakh/year, 5-year figures verified in policy text; Rs 5 lakh/year cap recorded as maxValueInINR. [AI-gathered from official sources on 2026-07-05; needs team review]