Credit Link Capital Subsidy Scheme (CLCSS)

Eligibility
Interest Rate and Charges
Special Credit Linked Capital Subsidy Scheme

Credit Link Capital Subsidy Scheme (CLCSS) : Eligibility

Objective

The Ministry of Micro, Small and Medium Enterprises (M/o MSME) has launched a subsidy scheme which is named as Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS) for Micro and Small Enterprises (MSEs).

The Scheme aims at helping technology up-gradation by providing upfront Capital Subsidy to SSI units, including tiny units, khadi units, village units and coir industrial units to modernize their production process and activity.

Note :The Bank may use the services of agents in sales/marketing etc. of its various products.

Credit Link Capital Subsidy Scheme (CLCSS) : Interest Rate and Charges

Rate of Subsidy

The subsidy rate is 15% of the investment in eligible machinery (on institutional finance of up to Rs.1 Crore, availed by them) with maximum Subsidy of Rs.15 Lakhs.

The Capital Subsidy of 15% rate in eligible plant and machinery under the scheme shall be available only for projects, where term loan is sanctioned.

For Details please visit:
https://clcss.dcmsme.gov.in/

Credit Link Capital Subsidy Scheme (CLCSS) : Special Credit Linked Capital Subsidy Scheme

To further augment the efforts, a Special Credit Linked Capital Subsidy Scheme (SCLCSS) has been introduced under National SC-ST Hub, wherein 25% Capital Subsidy with an overall investment ceiling of Rs.1 Crore without any restriction on the sectors or Machinery and technology for SC/ST Enterprises is provided.

For Details please visit:
https://www.scsthub.in/content/special-credit-linked-capital-subsidy-scheme