For projects worth Rs 10 lakh or more:-

• For general class 15% (maximum ₹12,00,000)
• For BPL category 20% (maximum ₹18, 00, 000)
• For women entrepreneurs, a 6% and male 5% interest subsidy
• the guarantee fee will be payable at the prevailing rate for a maximum of 7 years.

For projects less than Rs 10 lakh:-

• 15% of the project cost (maximum ₹1,00,000 ) for the general category.
• BPL/ scheduled caste / scheduled 30% of the project cost (maximum ₹2,00,000) for Tribes / Other Backward Classes (except creamy layer) / Women / Minorities / Disabled.

Additional provisions-

• 30% of the project cost (maximum ₹3,00,000) to the liberated nomadic and semi-nomadic tribes.
• Bhopal Gas victim family members are eligible for an additional 20% (maximum ₹1,00,000) on the project cost.
• At the rate of 5% per annum of the capital cost for projects of ₹10,00,000 or more and at the rate of 6 % per annum for women entrepreneurs, for a maximum of 7 years. (Maximum ₹5,00,000 per annum)
• For projects less than ₹10,00,000 5% of the project cost per annum rate and 6% for women entrepreneurs At the rate of per annum, for a maximum of 7 years. (Maximum ₹ 25,000 per annum)

• The applicant must be a permanent resident of Madhya Pradesh.
• The age of the applicant should be between 18 to 45 years.
• Educational qualification should be a minimum of 10th class.
• The parents of the beneficiary should not have their agricultural land.
• The applicant should not be an income taxpayer.