• Subsidy of 5% on term loans subject to a maximum of ₹ 20,00,000 is given for a period of 5 years to all new micro and small manufacturing enterprises for term loans up to ₹ 2,00,00,000 obtained for Credit Guarantee Fund Trust Scheme (CGTMSE).
• Subsidy of 5% on term loans subject to a maximum of ₹ 25,00,000 is given for a period of 5 years to all new micro and small manufacturing enterprises for term loans up to ₹ 5,00,00,000 obtained for technology up-gradation / modernization.
• The maximum amount of BEIS payable per loan shall be ₹ 10,00,000 only on loans taken up to ₹ 1,00,00,000.

Mode of Payment

• Micro and Small Enterprises who have availed of term loan under Technology upgradation/modernization schemes, National Equity Funds Scheme (Renamed as Micro / Small Enterprises Funding Scheme), Scheme for ISO Certification / R & D under NSIC -SIDCO Consortium and Credit Guarantee Fund Trust Scheme.
• New Enterprises that have set up their facilities, or existing Micro, Small, and Medium Enterprises, which upgrade their existing plant and machinery with state-of-the-art technology, with or without expansion, by induction of well-established and improved technologies in specified sub-sectors / products as listed in the guidelines on Credit Linked Capital Subsidy Scheme (CLCSS) Scheme of Government of India.

• Copy of Udyog Aadhaar memorandum/copy of Udyam Certificate.
• Copy of Loan Sanction letter from the Bank / Financial Institution in respect of Bank / Institutional financed Enterprises.
• Certificate from the bank for the interest claim for each quarter as per Annexure A.
• Bank statement for the interest paid with bank manager attestation.