Interest subsidy on loan amount upto Rs 50,000/- to 2,00,000/-.

Interest subsidy on loan amount upto Rs 50,000/- to 2,00,000/-. The interest subsidy is paid in yearly installments commencing from completion of one year after disbursement of loan at the rate of Bank interest minus 6% upto the loan of 50,000/- and bank interest minus 9% upto the loan of Rs 2,00,000/-. In case of co-operative society formed by ESM interest subsidy will be Bank interest minus 10% up to the loan of Rs. 5,00,000/-.