Bank Loan Processing Reimbursement Scheme — Frequently Asked Questions

You can get a reimbursement of 80% of the bank loan processing charges you paid, up to a maximum of ₹1,00,000. The actual amount is the lesser of 80% of the fee or ₹1,00,000, excluding GST and taxes.

The scheme has a rolling deadline, meaning it is always open. You can apply at any time.

Micro and Small Enterprises (MSEs) that have Udyam Registration and are majority-owned (more than 51% shareholding) by Scheduled Caste (SC) or Scheduled Tribe (ST) entrepreneurs are eligible. You must have already taken a business loan and paid the processing fee.

No, this is a reimbursement scheme. It does not take equity or require repayment. The benefit is provided as a cash subsidy.

You need to submit self-certified copies of Udyam Registration, GST (if applicable), PAN card, caste certificate of proprietor/all partners/directors, shareholding details showing SC/ST ownership above 51%, a bank-attested debit statement or receipt for the processing fee, proof of loan disbursement, a bank-attested copy of the loan sanction letter, and a cancelled cheque of the enterprise's current account.

You can apply online through the National SC-ST Hub website at https://www.scsthub.in/nssh-schemes/.

Yes, you need Udyam Registration (MSME registration) to apply. DPIIT registration is not mentioned as a requirement.

The scheme is open to Micro and Small Enterprises (MSEs) with Udyam Registration. There is no specific stage restriction, so startups that qualify as MSEs can apply if they meet the ownership criteria.

Bank Loan Processing Reimbursement Scheme is offered by National SC-ST Hub, a government body. It is provided as non-dilutive funding.