HP AYUSH Interest Subvention Scheme — 4% Loan Subsidy, Up to ₹45L — Frequently Asked Questions
Answers to the questions founders most often ask about HP AYUSH Interest Subvention Scheme — 4% Loan Subsidy, Up to ₹45L — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much money does the HP AYUSH Interest Subvention Scheme actually give?
It pays 4% of the interest on your term loan. The benefit is capped at ₹15 lakh per year and runs for 3 years, so the maximum you can receive across the whole period is ₹45 lakh.
Is there a deadline to apply?
No. The scheme is a rolling, always-open part of the AYUSH Policy 2019, so applications are accepted as long as the policy stays active. If the state ever announces a specific window, that would be notified separately.
Who qualifies for this scheme?
Any legitimate AYUSH enterprise operating in Himachal Pradesh. That covers businesses in Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy — including manufacturers of AYUSH products, clinics, service providers and research units.
Can a business registered outside Himachal Pradesh apply?
No. Operating within Himachal Pradesh is part of the eligibility requirement, so enterprises based or functioning outside the state fall outside the scheme's scope.
Is this a grant or a loan? Does it take equity?
Neither a grant nor a new loan, and it takes no equity. It is an interest subvention — a subsidy that offsets the interest you already owe a lender on a term loan, so your shareholding stays untouched.
Do I need DPIIT recognition or MSME registration?
The scheme's published eligibility mentions no DPIIT recognition requirement — the stated conditions are simply that you are an AYUSH enterprise operating in Himachal Pradesh. Business registration proof and Udyam (MSME) registration are, however, commonly part of the documentation that applicants are asked for.
What documents do I need to submit?
Typically your business registration details, the term loan sanction letter from your bank, any compliance certificates linked to AYUSH activity, and a project or business report. Udyam (MSME) registration is also commonly requested. Confirm the current checklist with the department or on the official portal before filing.
How do I apply?
First take a term loan from a recognised financial institution for your AYUSH business. Then file the interest subvention application through the state government's online services portal or with the designated department, following the AYUSH Policy 2019 guidelines. The online application entry point is https://emerginghimachal.hp.gov.in/online-services.
How is the subsidy paid out once approved?
After the relevant government committee reviews and approves your application, the amount is released as per the policy's terms — usually as a reimbursement of interest you have already paid, or as a direct adjustment against the interest on your loan.
Which AYUSH streams are covered?
Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy — the five systems the AYUSH Policy 2019 was created to support within Himachal Pradesh.
Who is eligible to apply for HP AYUSH Interest Subvention Scheme — 4% Loan Subsidy, Up to ₹45L?
HP AYUSH Interest Subvention Scheme — 4% Loan Subsidy, Up to ₹45L is open to startups at any stage. It is open to startups registered anywhere in India.
Who offers HP AYUSH Interest Subvention Scheme — 4% Loan Subsidy, Up to ₹45L?
HP AYUSH Interest Subvention Scheme — 4% Loan Subsidy, Up to ₹45L is offered by Department of Industries, Government of Himachal Pradesh (Startup Himachal), a government body. It is provided as non-dilutive funding.
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