Interest Subvention Scheme to Nano Units

Scheme for Interest Subvention to Nano Household Enterprises

This scheme has been introduced to promote the Nano and household enterprises in the state. The scheme intends to provide financial assistance in the form of interest subvention to nano and household enterprises on a reimbursement basis for the term loan availed by the unit. The units engaged in the manufacturing,services as well as job work can apply under the scheme.

Nano and Household unit

A unit which satisfies the following conditions;

  • The fixed capital investment is 10 lakh or less,
  • Engaged in the manufacturing,services or job work,
  • In white and green category as per pollution control norms,
  • Connected load is 5 HP or less.


The objectives of scheme are to build capability of microenterprises to enable:

  • Manufacturing units which are eligible to claim assistance under the Entrepreneur Support Scheme or any other schemes of Govt. of India or Govt. of Kerala cannot apply under the scheme.
  • Unit which has availed special low rate of interest from Government Agencies are not eligible for further interest subvention under this scheme.

Benefit of the scheme

  • The unit will be eligible for interest subvention to an extent of 6% per annum for the term loan availed by the unit on reimbursement basis for three years.
  • For women and SC/ST enterprises, the interest subvention will be 8% for three years.
  • The assistance shall be limited to the fixed percentage of the composite investment upon
    1. plant & machinery,
    2. other fixed assets including essential office equipments and
    3. electrification. Cost of Land and Building shall not be included in the Fixed Capital Investment under this scheme. In the event of default of re-payment of loan with interest at the end of 1st year, the subvention will not be passed. The same is applicable for 2nd and 3rd years.

Negative List

Photo Studios and Colour Processing Centres, Breweries and Distilleries of all types, Saw mills, Soap Grade Sodium Silicate, Asbestos processing except units in which the quantum of asbestos used in the production process is less than 25% and environmental and occupational health hazards have been taken care of to satisfaction of authorities concerned, Metal Crushers including Granite Manufacturing units, All types of Steel Re rolling Mills, Units manufacturing iron ingots, Calcium Carbide, Cement manufacturing except units manufacturing cement from fly ash, Potassium Chlorate, Cashew industrial units, Power intensive units based on electro thermal/ electro chemical processor units where total power requirement exceeds 5000 KVA of contract load or where the cost of power is more than 33% of cost of production of the items manufacture except where the units generate their power requirement in excess of 5000 KVA of contract load by own captive power.

How to Apply

Application can be submitted online or in person to the Assistant District Industries Officer, Taluk Industries Office concerned with all supporting documents.

To Apply Online Click Here

Contact Details of District Level Officers for the Scheme- Scheme for Interest Subvention to Nano Household Enterprises

Sl No District General Manager Mobile Number Name of Officer In charge Designation Mobile Number Landline Number
1 Thiruvananthapuram Ajith.S 9188127001 Sharath. V. S Manager 9946782122 0471-2326756
2 Kollam Biju Kurian 9188127002 Thomas John Manager 9447245611 0474-2302774
3 Pathanamthitta Anil Kumar P.N 9188127003 Aneesh Nair M Manager 9995457101 0468-2214639
4 Alappuzha K.S Sivakumar 9188127004 Ajimon K S Manager 9496333376 0477-2241632/ 0477-2241272
5 Kottayam M.V. Lauly 9188127005 Ajimon K S Manager 9496333376 0481-2573259
6 Idukki Jaya.C 9188127006 Sahil Mohammed Manager 7012946527 0486-2235507
7 Ernakulam Najeeb P.A 9188127007 Sheeba. S Manager 9605381468 0484-2421360
8 Thrissur K.S.Kripakumar 9188127008 Saji.S Manager 9947123325 0487-2361945
9 Palakad Benedict William John 9188127009 Gireesh M Manager 9495135649 0491-2505408
10 Malapuram Renjith Babu 9188127010 Rahmathali A K Manager 9249396622 0483-2737405
11 Kozhikode Biju P Abraham 9188127011 Gireesh I Manager 8714140978 0495-2765770
12 Wayanad Lissiyamma Samuel 9188127012 Vinod G Manager 9447707865 0493-6202485
13 Kannur A.S Shiras 9188127013 Shammy S K Manager 9446675700 0497-2700928
14 Kasargode Sajith kumar.K 9188127014 Sajithkumar K Manager 9847747025 0499-4255749
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Directorate of Industries Commerce, Vikas Bhavan P.O,Thiruvananthapuram Kerala 695033
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Last Updated on: 17 July 2024സന്ദ൪ശകരുടെ എണ്ണം : 3056822