Investment Promotion Scheme (IPS) for MSME Sector: Assistance of Interest Subsidy
✓ Information verified — April 2026The Investment Promotion Scheme (IPS) is a government initiative by the Department of Industries, U.T. Administration of Dadra & Nagar Haveli and Daman & Diu. It provides interest subsidy assistance to small and medium enterprises (MSMEs) to help reduce the cost of borrowing for purchasing equipment, machinery, and furniture. This scheme aims to encourage entrepreneurship and business growth in the union territory by making loans more affordable for MSME owners.
What You Get
- Interest subsidy on term loans taken for equipment and machinery purchase
- Interest subsidy on term loans for furniture and fixtures
- Reduced financial burden on MSME businesses through lower loan costs
- Support for business expansion and modernization
Who Can Apply
- Gender: Male only
- Age: 18–100 years
- Residence: Dadra & Nagar Haveli and Daman & Diu residents only
- Must be a registered MSME (Micro, Small, or Medium Enterprise)
- Business should be located in Dadra & Nagar Haveli or Daman & Diu
- Loan should be taken from an authorized financial institution for equipment, machinery, furniture, or fixtures
- Cannot use subsidy for land or building purchases
Documents Needed
0/7 collected
- 1. Aadhaar Card
- 2. Business Registration Certificate
- 3. Bank Passbook
- 4. Loan Agreement Copy
- 5. MSME Registration Certificate
- 6. Income Statement
- 7. Identity Proof
How to Apply
- 1Check your eligibility criteria above
- 2Gather all required documents listed below
- 3Visit the official portal (linked below)
- 4Fill the application form online / offline
- 5Submit the form and note your application reference number
- 6Track status on the official portal or visit nearest CSC
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Quick Facts
- Scheme Level
- Dadra & Nagar Haveli and Daman & Diu
- Category
- Employment
- Target Gender
- Male
- Age Group
- 18–100 years
- Application
- Check portal
- Last Updated
- 25 Apr 2026
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