How to Apply for Gujarat Textile Policy Interest Subsidy — 5–7% on Term Loans

Stage 1 — Application for registration. Submit the prescribed application form to the Industries Commissioner. It must be filed within one year from the loan disbursement date, the date commercial production begins, or the policy's operative date, whichever is latest. Business registration papers, loan sanction letters, the project report and financial details are normally required for scrutiny.

Stage 2 — Registration certificate. Once the Industrial Commissioner has scrutinised and verified the application and its supporting documents, a registration certificate is issued.

Stage 3 — Application for a provisional or final eligibility certificate. This step follows the Date of Commercial Production (DoCP). It must be filed within one year of DoCP, or within one year of the relevant government resolution or of the registration certificate being issued, whichever is later. The office to approach depends on the unit:

• MSME units with GFCI up to ₹10 crore — General Manager, District Industries Centre
• MSME units with GFCI above ₹10 crore and up to ₹50 crore — MSME Commissioner
• Units other than MSME — Industries Commissioner

Stage 4 — Verification. The application is assessed on the documents supplied, including proof of commercial production, loan repayment records and evidence of compliance with the policy's conditions. Approval depends on the unit satisfying every listed criterion, covering the loan conditions, its operational status and the policy's objectives.