Through Interest Subvention Scheme,Government of Karnataka and the Ministry of Agriculture & Farmers Welfare aim to create equitable growth by uplifting neglected communities. Understanding this scheme is vital for aspirants focusing on welfare initiatives in UPSC. This scheme is launched to empower Micro/small manufacturing enterprises by equipping them with essential resources and opportunities for sustainable growth. The scheme adopts a Karnataka State Financial Corporation (KSFC)-based strategy to maximize its impact and coverage. As per the State Funded, Interest Subvention Scheme is financed through a collaborative arrangement to ensure sustainability and reach. Those interested in availing the benefits of this scheme can log on to https://ksfc.karnataka.gov.in/ for comprehensive information. A financial grant of Loan Size from 5 lakhs to 50 lakhs has been earmarked for eligible participants of the scheme. Interest Subvention Scheme has been launched with a special focus on Karnataka, where the need for such an intervention is most critical. Aimed at supporting Micro/small manufacturing enterprises, the initiative offers tailored resources to promote their social and economic development.

About Interest Subvention Scheme

The following are the key details of Interest Subvention Scheme

Eligibility for Interest Subvention Scheme

Designed with the needs of Micro/small manufacturing enterprises in mind, the scheme aims to uplift them through targeted support and intervention.  Interest Subvention Scheme is applicable for candidates who fall in the age bracket of Not specified. Eligibility for this scheme is limited to persons involved in Entrepreneurs. Eligibility for this scheme is based on an income range of Not specified, focusing on financially vulnerable groups. Targeting developmental gaps, Interest Subvention Scheme will be applicable throughout Karnataka. Only members of the All group are eligible to benefit from this initiative.

How to Apply for Interest Subvention Scheme

To avail the benefits offered under the Interest Subvention Scheme, eligible individuals must follow a structured application process laid out by the implementing authority. Whether the scheme is administered online, offline, or through a hybrid model, understanding the step-by-step procedure is crucial.

• Step 1 – Log on to the official government portal at https://ksfc.karnataka.gov.in/.
• Step 2 – Authenticate yourself by logging in with your Aadhaar/email or register to create a new profile.
• Step 3 – Enter all required data, including your personal info, income bracket, and qualifying details in the form.
• Step 4 – Upload the necessary documents like Aadhaar, bank account details, and others to complete your Interest Subvention Scheme application.
• Step 5 – Once you’re confident that all information is correct, submit the Interest Subvention Scheme form and save the tracking number.

Key Benefits of Interest Subvention Scheme

We have covered all the benefits of the Interest Subvention Scheme here in the table below:-