Interest Subsidy for New Service Units Providing Steam & Air Conditioning Supply in Gujarat

Описание: Interest Subsidy for New Service Units Providing Steam & Air Conditioning Supply in Gujarat
The Government of Gujarat offers a substantial Interest Subsidy Scheme for new MSME units in the Service Sector, including those providing Steam & Air Conditioning Supply. This initiative is aimed at promoting sustainable infrastructure, energy efficiency, and modern service utilities. Here's everything you need to know:
________________________________________
✅ Eligibility Criteria for Interest Subsidy
1. New MSME Unit:
o Only new enterprises classified under the Service Sector and listed in Annexure A or B (includes Steam & Air Conditioning Supply) are eligible.
2. Loan Purpose:
o Interest subsidy is available on term loans taken for purchasing:
 Machinery
 Equipment
 Furniture and Fixtures
❌ Land and Building are not covered.
3. Loan Source:
o Loan must be sanctioned and disbursed by a bank or financial institution as per RBI Guidelines.
o Loans from NBFCs are not eligible.
4. Registration Requirements:
o MSME UDYAM Registration
o GST Registration (unless exempted)
o Service Tax Registration (if applicable)
o Shop and Establishment License (especially for units in Municipal Corporation areas)
5. Employment Requirement:
o Must provide permanent employment to at least 10 people.
o 85% of total staff and 60% of managerial staff must be local.
________________________________________
📍 Category 1 Talukas:
• 7% Interest Subsidy
• Maximum: ₹35 lakhs per annum
• Duration: 7 years
📍 Category 2 Talukas:
• 6% Interest Subsidy
• Maximum: ₹30 lakhs per annum
• Duration: 6 years
📍 Category 3 Talukas & Municipal Corporation Areas:
• 5% Interest Subsidy
• Maximum: ₹25 lakhs per annum
• Duration: 5 years
(Click here to get Category-wise classification of Taluka)________________________________________
🎯 Additional Incentives
1. +1% Interest Subsidy for:
o Registered Startups (recognized by DPIIT or Govt. of Gujarat)
o Differently-abled entrepreneurs (100% equity-owned)
o Women entrepreneurs (100% equity-owned)
o Young entrepreneurs (Below 35 years; valid age proof required)
2. Cumulative Subsidy Limit:
o If availing subsidy under a Central Government scheme, total combined interest subsidy from both State and Central cannot exceed actual interest paid.
________________________________________
📅 Application Timeline & Process
1. Date of Eligibility:
o Choose from:
 Date of first loan disbursement
 Date of commercial operation (i.e., when you start providing services)
2. Submission Deadline:
o Apply on the official online portal within 1 year from the chosen eligibility date (whichever is later).
3. Late Application:
o Applications beyond this deadline are allowed with deduction of the delay period from total eligible subsidy duration.
4. Disbursement:
o Subsidy is reimbursed only after commercial service begins.
________________________________________
⚠️ Ineligibility & Restrictions
• If the term loan is sanctioned after 1 year from the commercial operation date – not eligible.
• Defaults in loan repayment (as per RBI rules) will reduce eligible subsidy period.
• Penal interest or other bank charges are not covered.
• Minimum 2% interest must be borne by the enterprise.
________________________________________
🔗 Need Expert Help?
book your consultation At Adroit Corporation, we help you:
• Understand eligibility
• Apply for interest subsidies
• Prepare project reports
• Get financial closure for your new venture
📧 Email: [email protected]
📞 Call: 7203010101 or 8734010101
🌐 Visit: www.adroitcorporation.in

#InterestSubsidy#ServiceSectorSupport#GovernmentScheme#MSMESubsidy#LoanSubsidy#StartupIndia#BusinessLoanHelp#FinanceSupport#EntrepreneurHelp#BusinessGrowthTips#SubsidyAlert#MSMEIndia#StartupSupport#FinancialAssistance#BusinessGrant#SchemesForEntrepreneurs#GrowYourBusiness#FinanceReels