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Bank Loan Processing Fee Reimbursement Scheme

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.

Ministry / Department
Ministry Of Micro, Small and Medium Enterprises
Level
Central
Benefit type
cash
Last verified: Recently

What is Bank Loan Processing Fee Reimbursement Scheme?

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.

Benefit
- Reimbursement of Bank Loan Processing Fee is limited to 80% of the fee or ₹ 1,00,000/- (excluding GST and other applicable taxes).
Level
Central
Ministry / Dept.
Ministry Of Micro, Small and Medium Enterprises
Benefit type
cash
Key eligibility
1. Applicant should belong to the Scheduled Caste / Scheduled Tribe category. 1. He/she should represent/own any MSEs unit. 1. MSEs availing loans from any Scheduled Commercial Banks, Non-Banking Finance Companies (NBFCs), and State Finance Corporations will be considered under the scheme
Last verified
Recently

Benefits

- Reimbursement of Bank Loan Processing Fee is limited to 80% of the fee or ₹ 1,00,000/- (excluding GST and other applicable taxes).

Eligibility

1. Applicant should belong to the Scheduled Caste / Scheduled Tribe category. 1. He/she should represent/own any MSEs unit. 1. MSEs availing loans from any Scheduled Commercial Banks, Non-Banking Finance Companies (NBFCs), and State Finance Corporations will be considered under the schemeArea: IndiaBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Online application — step 1

      Applicant need to visit the official website https://www.scsthub.in . For registration click on sign-up and provide the following details Full Name Valid Email ID Mobile Number Password and confirm password For login click on login. After login complete the required information.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

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