Scheme Name: Interest Subsidy

State: Mizoram

Description of the Scheme: Industrial units are subsidised, formulated special package for those units under thrust sector.

Target group :

Sector of the Scheme:

Eligibility Criteria:

Nature & Mode of Assistance:

1. Interest on loan paid by an industrial unit in excess of 8.5% shall be subsidised up to a maximum of 4%.
2. Subsidy shall be limited to a claim on a total amount not exceeding Rs. 3,60,000 paid by an industrial unit towards interest on term loan in a full year. However, for working capital loan, the total amount paid towards interest on which subsidy can be claimed shall be limited to Rs. 1,20,000 in a full year.
3. If the unit avail interest subsidy under NEIIPP, only the shortfall amount, if any, will be applicable for interest

subsidy on working capital loan.

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply: Office of Department of Industries (DIC)

Whom to Contact: