State Schemes for MSMEs

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Scheme Name: "BONEEJ" The Rural Industries Promotion Scheme

State: Assam

Description of the Scheme: Loan amount shall be maximum of Rs. 10 lakh.
Equity/Promoter's margin shall be 15% of the project cost.
Eligible for interest subvention on credit up to Rs.10 lakhs.

Target group :

Sector of the Scheme:

Eligibility Criteria:

Nature & Mode of Assistance:

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

  • Under Sarothi Start-up Loan Scheme, Government provides Rs.10 lakh with 5% interest subvention to all eligible entrepreneurs
  • The concerned bank authority will debit interest subsidy at 5% after the completion of every quarter in a year
  • The entrepreneur will have to provide 15% of the total money required for setting up the entire project, and the bank will finance the rest of the amount through a loan

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

How to apply: 4. Application shall be submitted to the concerned General Manager, District Industries & Commerce Centre (DICC) in prescribed form along with the supporting documents.
5. DICC shall finalise AGVB branch-wise/district-wise target for the financial year and communicate it to the AGVB HO and get it accepted by the Bank before starting the process of selection of beneficiaries.
6. On receipt of the application by DICC, from the applicants, it shall be scrutinised by the officials of DICC and placed before the District Level Committee (DLC) constituted for approval.
https://easeofdoingbusinessinassam.in/How%20to%20fill%2 0Common%20Application%20Form.pdf

Whom to Contact: Chief Administrative Office Single Window Agency Udyog Bhawan, Maniram Dewan Road, Bamunimaidam, Guwahati, Assam 781021

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