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Capital Subsidy Support on Credit for Technology Upgradation

Ministry of Micro, Small & Medium Enterprises, Govt of India has a Scheme to provide Capital Subsidy Support on Credit for Technology Upgradation. MSMEs can get a capital subsidy (~15%) on credit availed for technology upgradation.

Objective:

  • To help MSMEs to upgrade their technology.
  • To help MSME manufacturing units to make quality products.

Eligibility:

  • Banks, Financial Institutions and MSMEs can Apply.

Benefits:

Financial assistance for availing credit and loan.

How to apply:

  • Banks and financial institutions can apply to DC-MSME for availing support.
  • MSMEs need to directly contact the respective banks for getting credit and capital subsidy.

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