State GovernmentEmployment

"Interest Subsidy (For Micro, Small, Medium and Large New Industries)" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries - Various Incentives"

✓ Information verified — April 2026
Puducherry

This scheme helps new industries in Puducherry by giving them financial support on interest payments. When industrial units take loans from banks or financial institutions to buy equipment or manage daily operations, the government shares part of the interest cost. The scheme is designed to make it easier and cheaper for entrepreneurs to start and grow their businesses.

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What You Get

  • 25% subsidy on annual interest paid on loans taken from financial institutions
  • Applicable for loans used to purchase fixed assets (machinery, equipment, building)
  • Applicable for working capital loans needed for daily business operations
  • Reduces the actual cost of borrowing for new industrial units

Who Can Apply

  • Age: 18–100 years
  • Residence: Puducherry residents only
  • Must be a new industrial unit in Puducherry
  • Must have taken a loan from a recognized financial institution
  • Loan must be for creating fixed assets or working capital purposes
  • Unit must be registered as Micro, Small, Medium, or Large industry
  • Must comply with all applicable industrial regulations and licensing requirements

Documents Needed

0/8 collected

  1. 1. Loan Sanction Letter
  2. 2. Interest Payment Receipts
  3. 3. Industrial License
  4. 4. Bank Account Details
  5. 5. Company Registration Certificate
  6. 6. GST Registration Certificate
  7. 7. Proof of Fixed Asset Purchase
  8. 8. Identity and Address Proof

How to Apply

  1. 1Check your eligibility criteria above
  2. 2Gather all required documents listed below
  3. 3Visit the official portal (linked below)
  4. 4Fill the application form online / offline
  5. 5Submit the form and note your application reference number
  6. 6Track status on the official portal or visit nearest CSC
OR visit your nearest CSC (Common Service Centre) Find nearest CSC

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Quick Facts

Scheme Level
Puducherry
Category
Employment
Target Gender
All genders
Age Group
18–100 years
Application
Check portal
Last Updated
25 Apr 2026

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