- More Info
- www.scsthub.in
- Organization
- Ministry Of Micro, Small & Medium Enterprises (National SC_ST Hub)
- Fund type
- Reimbursement
- Source
- Government
- Status
- Active
- Focus area
- Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Cleantech, energy, environment, waste, sanitation | Automation, mobility | Hardware, software, IOT, data, AI, ML | Industrial Products | Material Tech, textiles | Space and Aviation | Edtech, Fintech | Other sectors
- Target
- Private Limited Company | Limited Liability Partnership | Registered Partnership | MSME
- Fund range
- < Rs. 10 lakhs
- Fund stages
- E. Market Entry | F. Expansion
Reimbursement of 80% or Rs. 1,00,000/- (excluding GST and other applicable taxes), whichever is less, on Bank loan processing charges paid by SC/ST MSEs in availing business loans.
Purpose
The Bank Loan Processing Fee Reimbursement Scheme provides crucial financial assistance by reimbursing a substantial portion of the processing fees charged by financial institutions (FIs) when SC/ST MSEs secure business loans. This includes loans supported by both fund-based and non-fund-based limits.