SC-ST Hub Bank Loan Processing Fee Reimbursement — Up to ₹1 Lakh for SC/ST MSEs — Frequently Asked Questions
Answers to the questions founders most often ask about SC-ST Hub Bank Loan Processing Fee Reimbursement — Up to ₹1 Lakh for SC/ST MSEs — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the "Bank Loan Processing Fee Reimbursement Scheme"?
It is an initiative under the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India, implemented through its National SC-ST Hub. It reimburses bank loan processing fees for SC/ST-owned Micro and Small Enterprises (MSEs).
How much funding is offered under this scheme?
The scheme reimburses up to 80% of the bank loan processing fee, with a maximum cap of ₹1,00,000 (excluding GST and other taxes) per financial year.
Who is eligible to apply?
Applicants must belong to the Scheduled Caste (SC) or Scheduled Tribe (ST) category and own or represent a Micro or Small Enterprise (MSE). For partnership, Private Limited, or LLP entities, the SC/ST entrepreneur must hold more than 51% shareholding. The MSE must have availed a business loan from a Scheduled Commercial Bank, NBFC, or State Finance Corporation.
Is there a deadline for applying?
No, the scheme is rolling and always open. Applications can be submitted throughout the financial year, subject to the annual cap of ₹1,00,000.
Do I need DPIIT or MSME registration to apply?
No, the scheme does not explicitly require DPIIT or MSME registration. However, you must have a valid MSE status and meet the other eligibility criteria.
Does the scheme take equity in my company?
No, this is a reimbursement scheme, not an equity investment. It does not take any stake in your business.
What documents are typically needed for application?
The scheme does not list specific documents, but typically you would need proof of SC/ST status, business registration documents, loan sanction and disbursement letters, and evidence of the processing fee paid. Check the official portal for the exact list.
How and where do I apply?
You can apply online on the National SC-ST Hub website at www.scsthub.in, or visit your nearest Common Service Centre - Village Level Entrepreneur (CSC-VLE). The application process involves signing up, logging in, filling the form, and submitting it with the required documents.
Can I avail the benefit multiple times in a year?
Yes, there is no limit on the number of times you can apply, but the total reimbursement in a financial year is capped at ₹1,00,000 (excluding GST and other taxes).
Can I combine this scheme with another scheme for the same loan?
No, you cannot club this benefit with any other government or private scheme that offers reimbursement for the same bank loan processing fees.
Who offers SC-ST Hub Bank Loan Processing Fee Reimbursement — Up to ₹1 Lakh for SC/ST MSEs?
SC-ST Hub Bank Loan Processing Fee Reimbursement — Up to ₹1 Lakh for SC/ST MSEs is offered by National SC-ST Hub, a government body. It is provided as non-dilutive funding.
How do I apply for SC-ST Hub Bank Loan Processing Fee Reimbursement — Up to ₹1 Lakh for SC/ST MSEs?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
← Back to SC-ST Hub Bank Loan Processing Fee Reimbursement — Up to ₹1 Lakh for SC/ST MSEs overview