What you get
- 3%3% a year off the interest on the loan, for up to 8 years.interest relief a year
Who can apply
✓ Farmer producer organisation✓ Entrepreneur
How to apply
- Prepare a Detailed Project Report with land papers and the statutory clearances your project needs (cl. 15–17).
- Submit the proposal and DPR on the portal ahidf.udyamimitra.in (cl. 18.1).
- The Department marks it eligible and sends it to the lender you chose; the lender appraises it and uploads the loan sanction (cl. 18.2).
- The Project Approval Committee approves the interest subvention, which the Department pays to your lender (cl. 19, 11.1).
Documents you need
- Detailed Project Report (cl. 17)
- Proof of land free of encroachment and encumbrance — owned, or on a lease of at least 10 years (cl. 15.3, 15.6)
- Statutory clearances needed for the project (Annexure I)