Rajasthan Additional Interest Subsidy & CGTMSE Fee Reimbursement for MSMEs — Frequently Asked Questions

There are two parts. First, an additional interest subsidy of 0.5% to 2% on term loans for plant and machinery or equipment, covering loan amounts of up to ₹50 crore. Second, a 100% reimbursement of the annual credit guarantee fee you pay to your Member Lending Institution on collateral-free CGTMSE loans below ₹5 crore, and that refund continues for seven years.

Yes. Interest subvention must already have been sanctioned for you under RIPS 2024. This scheme is an add-on to that approval, not a standalone subsidy, so the RIPS 2024 clearance comes first.

No. This is a subsidy and a reimbursement, so it is non-dilutive — you do not give up any equity or ownership in return for the support.

Four groups get targeted coverage: ODOP enterprises in their respective districts, enterprises owned by Scheduled Caste, Scheduled Tribe or women entrepreneurs, young entrepreneurs in the 18 to 45 age group starting a new enterprise (with loans up to ₹10 crore), and new or expanding MSMEs located in Area Category 3 as defined under RIPS 2024.

There is no fixed closing date — applications are accepted on a rolling basis. The real clock is your RIPS 2024 sanction: you must file within 6 months of the interest subvention being approved. If you miss that window, a delay of up to another 6 months may be condoned by the approval committee if you give valid reasons.

Founders between 18 and 45 years of age who are setting up a new enterprise are covered, and for this category the loan amount considered goes up to ₹10 crore.

Download the application form (Annexure 1.1) from the official website or the state portal link, fill in every mandatory field, and attach self-attested copies of the required documents. Submit the signed form and papers to the General Manager, District Industries & Commerce Centre if your loan is up to ₹10 crore, or to the Commissioner, Industries & Commerce, if it is above ₹10 crore.

You begin with the application form, Annexure 1.1, supported by self-attested copies of the documents the form asks for. After approval, when you claim your quarterly subsidy and reimbursement, you file a CA Certificate in Annexure 1.2 with the concerned General Manager, DICC.

Loans up to ₹10 crore are reviewed by the District Level Task Force Committee, and loans above ₹10 crore by the High-Level Task Force Committee. The Commissioner of Industries and Commerce, Government of Rajasthan chairs both committees.

Claims are made quarterly. You submit the CA Certificate (Annexure 1.2) to the General Manager, DICC, and that officer is authorised to release the sanctioned amount.

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Rajasthan Additional Interest Subsidy & CGTMSE Fee Reimbursement for MSMEs, though having it can strengthen your application and unlock other benefits.

Rajasthan Additional Interest Subsidy & CGTMSE Fee Reimbursement for MSMEs is open to startups at any stage. It is open to startups registered anywhere in India.

Rajasthan Additional Interest Subsidy & CGTMSE Fee Reimbursement for MSMEs is offered by Department of Industries and Commerce, Government of Rajasthan, a government body. It is provided as non-dilutive funding.

Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.