How to Apply for Margin Money Grant for Nano Units, Kerala — Up to ₹4 Lakh

Approval runs through a two-tier authority structure.

Stage 1 — Recommendation by the Assistant District Industries Officer. The Assistant District Industries Officer at the Taluk Industries Office acts as the recommending authority. This officer forwards the Transaction Funding Request to the relevant financial institution, bank, Kerala Financial Corporation (KFC), or co-operative bank.

Stage 2 — Acceptance after bank sanction. Once the lender issues a sanction letter with its recommendation, and once the officer verifies from the passbook that the entrepreneur has actually remitted their beneficiary contribution, the application is accepted at this level.

Stage 3 — Sanction by the District Industries Centre. The accepted application, along with the recommendation, then goes before the General Managers at the concerned district industries centres, who hold the sanctioning authority. This second review weighs the financial viability of the proposal alongside the applicant's compliance with the eligibility conditions before the grant is finally approved and disbursed.