State Schemes for MSMEs

Home / State Schemes for MSMEs

Scheme Name: Chaitanya Self-employment direct loan

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:

India's largest not for profit organisation for Small & Medium Enterprises

Contact Us