State Schemes for MSMEs

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Scheme Name: Interest Subsidy for startups

State: Punjab

Description of the Scheme: Giving interest subsidy to startups

Target group :

Sector of the Scheme:

Eligibility Criteria:

Nature & Mode of Assistance: Eligible startups shall be provided interest subsidy of 8% per annum for a period of 5 years on rate of interest paid on loans obtained from scheduled banks/financial institutions subject to the maximum limit of Rs.5 lakh per annum

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply:

http://investpunjab.gov.in

Whom to Contact:

PBIP, Udyog Bhawan building, Himalayan Marg, Chandigarh - 160017

#172-2776001

Email: infor@invest.gov.in

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