Central GovernmentVerified
Bank Loan Processing Fee Reimbursement Scheme
Ministry: Ministry Of Micro, Small and Medium Enterprises
The Bank Loan Processing Fee Reimbursement Scheme comes under the purview of the Ministry of Micro, Small and Medium Enterprises (MSME) of the Government of India.
Last verifiedToday
About This Scheme
The "Bank Loan Processing Fee Reimbursement Scheme" is implemented by the Ministry of Micro, Small, and Medium Enterprises under the National SC-ST Hub programme. It provides financial support to SC/ST Micro and Small Enterprises by reimbursing a major portion of bank loan processing fees charged by financial institutions. The scheme covers both fund-based and non-fund-based loans. It reduces the initial financial burden on entrepreneurs and improves their access to institutional credit. The initiative promotes inclusive growth and supports the development of SC/ST-owned businesses.
Benefits
₹1.0 L
- Processing Fee Reimbursement: Up to 80% of the processing fee or ₹1,00,000/- (excluding GST and taxes), whichever is lower.
Eligibility
Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
- •
- •
- •
Required Documents
- ✦Self-certified copy of Udyam Registration (UR) & GST (if applicable).
- ✦Self-certified copy of PAN Card in case of proprietorship, PAN card of SC/ST proprietor ought to be submitted.
- ✦Copy of Caste Certificate of proprietor/ all partners/ directors.
- ✦Details of shareholding in case of partnership / Pvt. Ltd / LLP firm. In case of partnership concerns, shareholding of the enterprise would be required to ascertain status of the MSE as SC/ST MSE (shareholding of SC/ST entrepreneur to be > 51%). Copy of Partnership Deed for Partnership Firm / Memorandum and Article of Association in case of LLP/Private Limited Company are required.
- ✦Bank attested (signature with stamp) debit statement with Bank Loan Processing Fee charges mentioning Loan number and applicant MSE's name/valid payment receipt/ original receipt of bank loan processing fee paid by the applicant/ system generated GST Invoice, etc.
- ✦Business loan availment certificate/ disbursement certificate/bank statement substantiating the fact that business loans have been availed.
- ✦Bank attested (signature with stamp) copy of loan sanction letter.
- ✦Cancelled Cheque of the current account of the enterprise from which Bank loan processing charges have been debited.
- ✦Proof of transferred amount as reimbursement by NSSHO/ NSIC through PFMS under the scheme, where any such assistance is availed earlier within the same financial year.
✦ Required ◦ Optional
How to Apply
OOnline
Quick Info
- Level
- Central Government
- Max benefit
- ₹1.0 L