Home / State Schemes for MSMEs
State: Karnataka
Description of the Scheme: Provide credit facilities for agriculture, commercial and service sector activities.
Target group :
Sector of the Scheme:
Eligibility Criteria:
Nature & Mode of Assistance: Unit cost Rs.50,000; Subsidy 30% - maximum Rs.10,000; balance 70% - maximum Rs.40,000 loan at interest of 4%.
Unit cost Rs.50,001 to Rs.1,00,000; Subsidy 20% - maximum Rs.20,000; balance 80% - maximum Rs.80,000 loan at interest of 4%.
Unit cost Rs.1,00,001 to Rs.2,00,000; Subsidy 15% - minimum Rs.20,000 and maximum Rs.30,000; balance 85% - maximum Rs.1,70,000 loan at an interest rate of 4%.
"Financial Information (Subsidy, low interest rate, etc.)":
"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":
How to apply: Website of Backward Classes Welfare Department, Govt. of Karnataka
Whom to Contact: