How to Apply for Dattopant Thengadi Artisan Interest Subsidy Scheme: ₹1L Loan for Artisans

Assessment happens in distinct layers.

• District Industries Centre screening: the DIC first confirms that you qualify as an artisan and that your application is complete before it moves ahead.
• Bank appraisal: complete applications are forwarded to participating financial institutions — nationalized banks, regional rural banks, co-operative banks, public sector banks and private banks. Each lender judges creditworthiness and business viability under its own internal lending norms before sanctioning the loan.
• Verification for subsidies: the bank certifies that instalments are being paid regularly, that the borrower is not a defaulter, and that the loan was used for the approved purpose. The implementing agency may also conduct site visits to confirm that the machinery, equipment or raw materials were actually purchased.