INCENTIVES (MINISTRY OF MSME)
BRONZE
Ministry of Micro, Small & Medium Enterprises
1. Free (100% subsidy) ZED Certification for Women Owned MSMEs
Any number of Units (owned by Women) registered under one Udyam Registration can apply for subsidy under this Scheme
Ministry of Micro, Small & Medium Enterprises
2. FINANCIAL ASSISTANCE IN TESTING/SYSTEM/PRODUCT CERTIFICATION
For availing Testing OR Management Systems OR Product Certification, of upto 75% of the total cost of Certification, with the maximum ceiling of subsidy being Rs. 50,000/-.
Ministry of Micro, Small & Medium Enterprises
3. International Cooperation (IC) Scheme
Stall Charges subject to a maximum of Rs.3.50 lakh or actual rent paid, whichever is lower
Ministry of Micro, Small & Medium Enterprises
4. International Cooperation (IC) Scheme
Economy class airfare subject to a maximum of Rs. 1.75 lakh or actual fare paid, whichever is lower
Ministry of Micro, Small & Medium Enterprises
5. Freight charges under International Cooperation (IC) Scheme
Actuals subject to maximum of Rs. 50,000/- + Rs. 10,000/- per MSME unit and Rs. 75,000/- + Rs. 10,000/- per MSME for Latin American Countries.
Ministry of Micro, Small & Medium Enterprises
6. Joining Reward of Rs. 10,000/-
Joining reward of Rs. 10,000/- will be offered to each MSME once they take the ZED Pledge which needs to be utilized within a defined time period. This joining reward may be used by an applicant MSME only once while applying for a ZED Certi?cation (Bronze, Silver, Gold). This joining reward will be valid only for 1 year after taking the ZED Pledge.
Ministry of Micro, Small & Medium Enterprises
7. Subsidy on Cost of ZED Certification (80%, 60% & 50% for Micro, Small and Medium Enterprises, respectively)
Any number of Units registered under one Udyam Registration can apply for subsidy under this Scheme. Each Unit (under one Udyam Registration) will need to apply for Certification separately to avail subsidy/benefits/incentives. 80%, 60% & 50% for Micro, Small and Medium Enterprises, respectively.
Ministry of Micro, Small & Medium Enterprises
8. Additional Subsidy of 10% for the MSMEs owned by Women/SC/ ST Entrepreneurs OR MSMEs in NER/ Himalayan/LWE/Island territories/Aspirational districts
There will be an additional subsidy of 10% for the MSMEs owned by Women/SC/ ST Entrepreneurs OR MSMEs in NER/ Himalayan/LWE/Island territories /Aspirational districts
Ministry of Micro, Small & Medium Enterprises
9. Additional Subsidy of 5% on ZED Certification Cost for MSMEs which are also a part of the SFURTI OR Micro & Small Enterprises – Cluster Development Programme (MSE-CDP) of the Ministry of MSME
There will be an additional subsidy of 5% for MSMEs which are also a part of the SFURTI OR Micro & Small Enterprises – Cluster Development Programme (MSE-CDP) of the Ministry of MSME
Ministry of Micro, Small & Medium Enterprises
10. Credit Guarantee Scheme
Increased Guarantee Coverage of 85% for ZED Certified MSEs
Ministry of Micro, Small & Medium Enterprises
11. Credit Guarantee Scheme
10% additional concession/relaxation in guarantee fee for ZED Certified MSEs
SILVER
Ministry of Micro, Small & Medium Enterprises
1. Free (100% subsidy) ZED Certification for Women Owned MSMEs
Any number of Units (owned by Women) registered under one Udyam Registration can apply for subsidy under this Scheme
Ministry of Micro, Small & Medium Enterprises
2. FINANCIAL ASSISTANCE IN TESTING/SYSTEM/PRODUCT CERTIFICATION
For availing Testing OR Management Systems OR Product Certification, of upto 75% of the total cost of Certification, with the maximum ceiling of subsidy being Rs. 50,000/-.
Ministry of Micro, Small & Medium Enterprises
3. International Cooperation (IC) Scheme
Stall Charges subject to a maximum of Rs. 4.00 lakh or actual rent paid, whichever is lower
Ministry of Micro, Small & Medium Enterprises
4. International Cooperation (IC) Scheme
Economy class airfare subject to a maximum of Rs. 2.00 lakh or actual fare paid, whichever is lower
Ministry of Micro, Small & Medium Enterprises
5. Freight charges under International Cooperation (IC) Scheme
Actuals subject to maximum of Rs. 50,000/- + Rs. 15,000/- per MSME unit and Rs. 75,000/- + Rs. 15,000/- per MSME for Latin American Countries.
Ministry of Micro, Small & Medium Enterprises
6. Joining Reward of Rs. 10,000/-
Joining reward of Rs. 10,000/- will be offered to each MSME once they take the ZED Pledge which needs to be utilized within a defined time period. This joining reward may be used by an applicant MSME only once while applying for a ZED Certi?cation (Bronze, Silver, Gold). This joining reward will be valid only for 1 year after taking the ZED Pledge.
Ministry of Micro, Small & Medium Enterprises
7. Subsidy on Cost of ZED Certification (80%, 60% & 50% for Micro, Small and Medium Enterprises, respectively)
Any number of Units registered under one Udyam Registration can apply for subsidy under this Scheme. Each Unit (under one Udyam Registration) will need to apply for Certification separately to avail subsidy/benefits/incentives. 80%, 60% & 50% for Micro, Small and Medium Enterprises, respectively.
Ministry of Micro, Small & Medium Enterprises
8. Additional Subsidy of 10% for the MSMEs owned by Women/SC/ ST Entrepreneurs OR MSMEs in NER/ Himalayan/LWE/Island territories/Aspirational districts
There will be an additional subsidy of 10% for the MSMEs owned by Women/SC/ ST Entrepreneurs OR MSMEs in NER/ Himalayan/LWE/Island territories /Aspirational districts
Ministry of Micro, Small & Medium Enterprises
9. Additional Subsidy of 5% on ZED Certification Cost for MSMEs which are also a part of the SFURTI OR Micro & Small Enterprises – Cluster Development Programme (MSE-CDP) of the Ministry of MSME
There will be an additional subsidy of 5% for MSMEs which are also a part of the SFURTI OR Micro & Small Enterprises – Cluster Development Programme (MSE-CDP) of the Ministry of MSME
Ministry of Micro, Small & Medium Enterprises
10. Credit Guarantee Scheme
Increased Guarantee Coverage of 85% for ZED Certified MSEs
Ministry of Micro, Small & Medium Enterprises
11. Credit Guarantee Scheme
10% additional concession/relaxation in guarantee fee for ZED Certified MSEs
GOLD
Ministry of Micro, Small & Medium Enterprises
1. Free (100% subsidy) ZED Certification for Women Owned MSMEs
Any number of Units (owned by Women) registered under one Udyam Registration can apply for subsidy under this Scheme
Ministry of Micro, Small & Medium Enterprises
2. FINANCIAL ASSISTANCE IN TESTING/SYSTEM/PRODUCT CERTIFICATION
For availing Testing OR Management Systems OR Product Certification, of upto 75% of the total cost of Certification, with the maximum ceiling of subsidy being Rs. 50,000/-.
Ministry of Micro, Small & Medium Enterprises
3. International Cooperation (IC) Scheme
Stall Charges subject to a maximum of Rs. 4.00 lakh or actual rent paid, whichever is lower
Ministry of Micro, Small & Medium Enterprises
4. International Cooperation (IC) Scheme
Economy class airfare subject to a maximum of Rs. 2.25 lakh or actual fare paid, whichever is lower
Ministry of Micro, Small & Medium Enterprises
5. Freight charges under International Cooperation (IC) Scheme
Actuals subject to maximum of Rs. 50,000/- + Rs. 25,000/- per MSME unit and Rs. 75,000/- + Rs. 25,000/- per MSME for Latin American Countries.
Ministry of Micro, Small & Medium Enterprises
6. Joining Reward of Rs. 10,000/-
Joining reward of Rs. 10,000/- will be offered to each MSME once they take the ZED Pledge which needs to be utilized within a defined time period. This joining reward may be used by an applicant MSME only once while applying for a ZED Certi?cation (Bronze, Silver, Gold). This joining reward will be valid only for 1 year after taking the ZED Pledge.
Ministry of Micro, Small & Medium Enterprises
7. Subsidy on Cost of ZED Certification (80%, 60% & 50% for Micro, Small and Medium Enterprises, respectively)
Any number of Units registered under one Udyam Registration can apply for subsidy under this Scheme. Each Unit (under one Udyam Registration) will need to apply for Certification separately to avail subsidy/benefits/incentives. 80%, 60% & 50% for Micro, Small and Medium Enterprises, respectively.
Ministry of Micro, Small & Medium Enterprises
8. Additional Subsidy of 10% for the MSMEs owned by Women/SC/ ST Entrepreneurs OR MSMEs in NER/ Himalayan/LWE/Island territories/Aspirational districts
There will be an additional subsidy of 10% for the MSMEs owned by Women/SC/ ST Entrepreneurs OR MSMEs in NER/ Himalayan/LWE/Island territories /Aspirational districts
Ministry of Micro, Small & Medium Enterprises
9. Additional Subsidy of 5% on ZED Certification Cost for MSMEs which are also a part of the SFURTI OR Micro & Small Enterprises – Cluster Development Programme (MSE-CDP) of the Ministry of MSME
There will be an additional subsidy of 5% for MSMEs which are also a part of the SFURTI OR Micro & Small Enterprises – Cluster Development Programme (MSE-CDP) of the Ministry of MSME
Ministry of Micro, Small & Medium Enterprises
10. International Cooperation (IC) Scheme
Stall Charges subject to a maximum of Rs. 4.50 lakh or actual rent paid, whichever is lower
Ministry of Micro, Small & Medium Enterprises
11. Credit Guarantee Scheme
Increased Guarantee Coverage of 85% for ZED Certified MSEs
Ministry of Micro, Small & Medium Enterprises
12. Credit Guarantee Scheme
10% additional concession/relaxation in guarantee fee for ZED Certified MSEs
Financial Institution Incentives
North East Small Finance Bank
12. Waiver on Processing Fees and Interest Rate for MSMEs in Assam, Arunachal Pradesh, Sikkim, Meghalaya, Manipur, Mizoram, Nagaland, Tripura, West Bengal (Only North Bengal) States
Processing Fees Waiver – 0.15%, Interest Rate Waiver – 0.15%
Anjanjyoti Das, Contact Number: 9435110124, Email: anjanjyoti.das@nesfb.com and 2) Bimal Debroy, Contact Number: 9435102563, Email: bimal.debroy@nesfb.com
ICICI Bank Limited
13. Waiver in processing fees
25% concession in processing fee is being provided to MSME clients post submission of ZED Certificate.
Yash Sharma, Contact Number: 9599086070, Email: yash.sharma@icicibank.com
YES Bank Limited
14. Concession on the pricing.
0.5% concession on the Processing Fees and Rate of interest
Dinesh Meraini, Contact Number: 8291428128, Email: dinesh.merani@yesbank.in
ESAF Small Finance Bank
15. Reduction in Processing fee.
50% reduction in processing fee for all loan proposals from ZED certified units
Soney Jose, Contact Number: 8589900148, Email: soney.jose@esafbank.com,
ESAF Small Finance Bank
16. Reduction in interest rate
1% reduction from standard interest rate for ZED Certified Units
Soney Jose, Contact Number: 8589900148, Email: soney.jose@esafbank.com,
Fusion Microfinance Ltd.
17. Discount in Processing Fees in Delhi, Haryana, Punjab, Rajasthan, Madhya Pradesh, Uttar Pradesh, Uttarakhand, Jharkhand, Gujarat and Bihar
Discount in Processing Fees up to 0.5%
Mr. Kamal K Kaushik, Contact Number: 9717890317, Email: kamal.kaushik@fusionmicrofinance.com
Fusion Microfinance Ltd.
17. Discount in Processing Fees in Delhi, Haryana, Punjab, Rajasthan, Madhya Pradesh, Uttar Pradesh, Uttarakhand, Jharkhand, Gujarat and Bihar
Discount in Processing Fees up to 0.5%
Mr. Kamal K Kaushik, Contact Number: 9717890317, Email: kamal.kaushik@fusionmicrofinance.com
Fusion Microfinance Ltd
18. Concession in Interest Rate in Delhi, Haryana, Punjab, Rajasthan, Madhya Pradesh, Uttar Pradesh, Uttarakhand, Jharkhand, Gujarat and Bihar
Concession in Interest Rate up to 0.5%
Mr. Kamal K Kaushik, Contact Number: 9717890317, Email: kamal.kaushik@fusionmicrofinance.com
State Bank of India
19. Processing charges (Working Capital) / Upfront fees (Term Loan) & Rate of Interest
5% concession in processing charges/upfront fees 5 bps interest concession
Gini Zacharias, Contact Number: 9819459598, Email: gini.zacharias@sbi.co.in
Central Bank of India
20. Concession in Processing Fees and Rate of Interest
50 bps concession in Processing Fees
Mr. Sumantha Ghosh, Contact Number: 9833822358, Email: agmmsme@centralbank.co.in
HDB Financial Services Ltd
21. Discount in Processing Fees
30% concession in Processing Fees
Prasad Yadav, Contact Number: 9869879995, Email: marketing.support@hdbfs.com
Bank of Maharashtra
22. Concession in Processing Fees and Rate of Interest
25% concession in processing fees, 25 bps concession in rate of interest
Prakash S.Uke, Contact Number: 9503577789, Email Id: agmmsme@mahabank.co.in
Bank of Baroda
24. Concession in Processing Charges & Concession in Rate of Interest
25% concession in Processing Charges and ROI concession of 25 bps (Subject to, applicable ROI is not below than BRLLR / MCLR+SP)
Paromita Sarkar, Contact Number: 022-66985868, Email Id: msmeproduct@bankofbaroda.co.in
Federal Bank
25. Concession in Processing Fees and Concession in ROI
5% concession from the extant card rate and 20bps below the extant card rates
Lakshmi Raj SL, Contact Number: 9544845463, Email Id: lakshmi.rsl@federalbank.co.in
Canara Bank
26. Concessions in ROI and processing charges
1) Risk Rating of the unit (New/Existing), Internal Rating – CNR I to V (Minimal/LR), External Rating – AAA/AA/A, Concession in ROI- 0.10% and Concession in processing charges-10%; 2) Risk Rating of the unit (New/Existing), Internal Rating – CNR VI (NR), External Rating – BBB, Concession in ROI- 0.10% and Concession in processing charges-10%
Sri G Venkata Vara Prasad, Contact number: 8792861706, Email: gvvprasad@canarabank.com
Small Industries Development Bank of India (SIDBI)
27. Concession in Interest Rate & Processing/ upfront fees
Sanchita Majumdar, Contact Number: 0522-4261668, Email: ccg@sidbi.in
UCO BANK
28. Concession in opplicable processing charges ond Rate of interest (RoI) for ZERO DEFECT ZERO EFFECT (ZED) Certified MSMEs
Shri Javed, Assistant General Manager, MSME, Email ID – msme.calcutta@ucobank.co.in, Contact Number – 9971014405