Subsidy or reimbursement

CM-SRIM working-capital interest reimbursement

A programme by MSME Department, Government of Odisha

Reimburses part of the interest Odisha manufacturing MSMEs pay banks on working-capital loans, claimed half-yearly on a dedicated portal.

At a glance

Best forOdisha manufacturing MSMEs with a working-capital loan, in production before April 2020
DurationClaimed half-yearly
FormatOnline

About CM-SRIM working-capital interest reimbursement

The Chief Minister's Scheme for Reimbursement of Interest to MSMEs, or CM-SRIM, returns part of the interest manufacturing MSMEs paid to banks on working-capital loans, in slabs by sanctioned loan limit. It is a reimbursement, not a grant.

The guideline published on the department's site is written for FY 2023-24 and its claim dates have passed. The department's news listing also carries a notice about a 2025-26 claim period, but its text could not be read. Check the department's current notice before relying on an open window.

Who can apply

  • Manufacturing MSMEs located in Odisha that were in commercial production on or before 31 March 2020
  • A valid Udyam registration and a working-capital loan from a bank in Odisha
  • Most turnover from manufacturing, no continuous six-month stoppage since 1 April 2023, one bank and one loan account only, and a loan account that is not non-performing
  • Self-help groups, farmer producer organisations, government-run companies and societies, and makers of alcohol, tobacco and similar products are excluded

How selection works: The District Industries Centre General Manager and the bank branch verify each claim on the portal.

How to apply: The proprietor, managing partner, managing director or an authorised signatory applies online on the CM-SRIM portal and uploads self-attested documents.

Where to apply

Other MSME Department, Government of Odisha programmes

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