HP Easy Payment Land/Shed Scheme
By Department of Industries, Government of Himachal Pradesh (Startup Himachal)
Check your eligibility
Sign up and we'll tell you whether your startup qualifies for this grant.
Quick Answer
Under Himachal Pradesh's Industrial Investment Policy 2019, MSME, Large and Anchor Enterprises can pay for land or industrial sheds in interest-free instalments, after 12% or 15% upfront.
- Funding amount
- Varies
- Funding type
- Debt
- Application deadline
- Rolling
- Location
- Himachal Pradesh
About this loan
MSME, Large and Anchor Enterprises operating or planning to operate in Himachal Pradesh can pay for land or an industrial shed in interest-free instalments. It is an incentive under the Himachal Pradesh Industrial Investment Policy 2019.
MSME and Anchor Enterprises pay 12% of the premium before taking possession and the balance in 8 equal annual interest-free instalments. Large Enterprises pay 15% of the premium before possession and the balance in 5 equal annual interest-free instalments. If you apply under the MSME category, you must be registered as an MSME.
The schedule cuts the upfront cost of land and sheds, so you keep more working capital for operations.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
Provider
Department of Industries, Government of Himachal Pradesh (Startup Himachal)Shimla · Himachal Pradesh · India
Startup Himachal is the startup section of the Department of Industries, Government of Himachal Pradesh, based in Shimla. It publishes the state's startup policy and the incentives open to startups, new industries, innovation projects and incubators in Himachal Pradesh. What the…
Learn moreBenefits & Funding
- Fund type
- Debt
- Equity
- Equity-free
- Repayment
- Repayable
What You Get
Beneficiaries receive a deferred payment schedule for the premium amount of land or industrial sheds. MSME and Anchor Enterprises are required to pay 12% of the premium before taking possession, with the remaining balance spread across 8 equal annual interest-free installments. Large Enterprises, on the other hand, need to pay 15% of the premium before possession, and the balance is then paid over 5 equal annual interest-free installments. This structure significantly reduces the initial capital outlay, allowing businesses to conserve funds for operational expenses, technology investments, and other growth-driving activities. The interest-free nature of the installments translates into substantial savings over the payment period, making industrial land acquisition more financially viable and promoting long-term investment in Himachal Pradesh.
- Disbursement
- Tranched
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 4
Submit on the official portal
Use the official application link and verify all details before final submission.
- 5
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Program templates & documents
Files the program publishes for applicants — download these and apply in the prescribed format.
Frequently Asked Questions
What kind of enterprises are eligible for this payment schedule?
The scheme is open to Micro, Small, and Medium Enterprises (MSME), Large Enterprises, and Anchor Enterprises that are establishing or expanding their units in Himachal Pradesh.
What is the benefit provided under this scheme?
Eligible enterprises can avail an easy payment schedule for the premium of industrial land or sheds. A small percentage of the premium is paid upfront, and the remaining balance is paid in equal annual interest-free installments.
How does the payment schedule differ for various enterprise types?
MSME and Anchor Enterprises pay 12% of the premium before possession, with the balance in 8 equal annual interest-free installments. Large Enterprises pay 15% upfront, and the balance in 5 equal annual interest-free installments.
Is interest charged on the installment payments?
No, the installments are explicitly interest-free, providing a significant financial advantage to the enterprises.
What is the objective of this payment schedule?
The primary objective is to ease the financial burden associated with acquiring industrial infrastructure, promote investment, and foster industrial growth and employment generation within Himachal Pradesh.
How can an enterprise apply for this scheme?
Applications are typically submitted through the designated state industrial departments or investment promotion agencies in Himachal Pradesh, following the application process outlined for incentives under the Industrial Investment Policy 2019. Specific forms and documentation will be required to assess eligibility and approve the incentive.
Sources
Data on this page is compiled from official program and provider references.
