J&K Capital Interest Subvention (CIS)
By Industries & Commerce Department, Government of Jammu & Kashmir
Check your eligibility
Sign up and we'll tell you whether your startup qualifies for this grant.
Quick Answer
6% per annum interest subvention for up to 7 years on term loans taken by new or expanding units in Jammu & Kashmir.
- Funding amount
- Varies
- Funding type
- Subsidy
- Application deadline
- Rolling
- Location
- Jammu and Kashmir
About this subsidy
Capital Interest Subvention (CIS) under the New Central Sector Scheme 2021 lowers the cost of borrowing for industrial and service units investing in Jammu & Kashmir.
Eligible units receive interest subvention at 6% per annum for a maximum of 7 consecutive years, counted from any date after the date of application for registration. The subvention applies to a term loan on a principal amount of Rs 500 crore taken for investment in eligible new plant and machinery (manufacturing sector) or new building and all durable physical assets (service sector).
Both new units and existing units undertaking substantial expansion can claim it, making it one of the larger capital-cost offsets available in the UT.
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.
Subsidy providers
Provider
Industries & Commerce Department, Government of Jammu & KashmirJammu · Jammu and Kashmir · India
The Industries & Commerce Department of the Government of Jammu & Kashmir is the Union Territory's department for industrial and commercial development. Its online front door is the J&K Single Window portal, where a business registers once, applies for departmental approvals and…
Learn moreBenefits & Funding
What You Get
Interest subvention at the rate of 6% per annum, for a maximum of 7 consecutive years, on a term loan on principal amount of Rs 500 crore. The loan must fund investment in eligible new plant and machinery if you are a manufacturing unit, or new building and all durable physical assets if you are a service-sector unit. The clock starts from any date after the date of application for registration, so registering early protects the full seven-year window.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
No competitive selection. Registration and claims are scrutinised by the implementing department against the scheme's eligibility conditions and the eligible investment actually made.
Application Process
- 1
Register under the scheme
File the registration application under the New Central Sector Scheme 2021 — the subvention period runs from a date after this.
You - 2
- 3
- 4
- 5
How to apply
Four steps from draft to disbursement — one action each.
- 1
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.
- 2
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What rate of subvention is given?
6% per annum on the eligible term loan.
For how long?
A maximum of 7 consecutive years, from any date after the date of application for registration.
What loan size is covered?
Term loan on a principal amount of Rs 500 crore.
What can the loan be used for?
Eligible new plant and machinery for manufacturing units, or new building and all durable physical assets for service-sector units.
Can an existing unit claim it?
Yes, existing units undertaking substantial expansion are eligible alongside new units.
How is it claimed?
Through registration and claim filing under the New Central Sector Scheme 2021 via the J&K Single Window portal.
Sources
Data on this page is compiled from official program and provider references.
