Interest Subsidy Scheme
Reduce Your Loan Burden with Government Interest Support
Interest Subsidy Scheme
The Interest Subsidy Scheme provides direct relief on term loan interest for Micro, Small and Medium Enterprises, Start-ups, and import substitution units in Haryana. The benefit is 5% per annum on term loans, up to ₹20 lakh per year, for 5 years in C & D category blocks and 3 years in B category blocks. Woman, SC, and ST led Micro Enterprises receive a higher rate of 6% for 5 years in B, C & D blocks.
5% interest subsidy in C & D blocks for 5 years (max ₹20 lakh/year)
5% interest subsidy in B blocks for 3 years (max ₹20 lakh/year)
6% for woman/SC/ST led Micro Enterprises in B, C & D blocks for 5 years
Available for Micro, Small & Medium Enterprises, Start-ups, and import substitution units
Why Apply for This Scheme
Lower EMIs
Interest subsidy directly reduces effective EMI burden on term loans.
Cash Flow Boost
Annual reimbursement of up to ₹20 lakh improves working capital position.
Inclusive Design
Higher subsidy for women and SC/ST entrepreneurs promotes financial inclusion.
Multi-Year Benefit
Up to 5 years of continuous interest support for C & D block units.
Start-up Friendly
Start-ups explicitly included, reducing the financial risk of new ventures.
Import Substitution
Units producing import-substitute goods also qualify for this benefit.
How Swastik Consultants Helps
Scheme Mapping
We identify your block category and determine the applicable subsidy rate and tenure.
Bank Coordination
We coordinate with your lending bank to obtain required interest certificates.
Annual Filing
We file the interest subsidy claim annually to ensure you never miss a benefit year.
Maximisation
We help structure loan drawdowns to maximise the per-year ₹20 lakh subsidy cap.
Who Can Apply?
Micro, Small or Medium Enterprise registered under Udyam, or Start-up
Enterprise operating for import substitution also eligible
Term loan from a scheduled bank or NBFC
Unit located in B, C, or D category block
Commercial production commenced within the policy period
Valid GST registration and income tax compliance
What You Need
Udyam Registration Certificate
Term loan sanction letter from bank / financial institution
Loan account statement showing interest paid
Bank certificate of interest paid (year-wise)
Block category certificate from DIC
Audited financial statements (last 2 years)
GST registration and returns
Cancelled cheque
Ready to Claim Your Subsidy?
Let our experts identify the right schemes for your business and handle everything end-to-end.