RIPS 2024 MSME Green Loan Subvention
By Department of Industries and Commerce, Government of Rajasthan
Check your eligibility
Sign up and we'll tell you whether your startup qualifies for this grant.
Quick Answer
MSMEs in Rajasthan get 6% interest subvention on loans taken for activities covered under SIDBI's Green Finance Scheme.
- Funding amount
- Varies
- Funding type
- Subsidy
- Application deadline
- Rolling
- Location
- Rajasthan
- Registrations needed
- Udyam registration
About this subsidy
Green capex is usually financed with borrowing, and the interest is what makes the payback arithmetic hard for a small unit. The Rajasthan Investment Promotion Scheme 2024 addresses that directly: an MSME borrowing for an activity covered under SIDBI's Green Finance Scheme gets 6% interest subvention on that loan.
Six percentage points is a large share of a typical MSME term-loan rate, so the effective cost of green capex debt drops substantially for the period the subvention runs.
The benefit is part of the MSME green incentives block of RIPS 2024. Benefits under that category are disbursed over ten years, and the MSME green incentives share a common ceiling. Claims are filed through Rajasthan's single-window investment portal.
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
The Industries & Commerce Department is a Government of Rajasthan department based in Jaipur. It runs the Vishwakarma Yuva Udyami Protsahan Yojana, a continuous subsidy for enterprises owned by young entrepreneurs, and it sets out further MSME subsidies and incentives in the…
Learn moreBenefits & Funding
What You Get
Interest subvention of 6% on loans taken for activities covered under SIDBI's Green Finance Scheme. The state meets six percentage points of the interest cost, so the MSME services the loan at a materially lower effective rate. Benefits received under the green incentives category are disbursed over ten years.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Application Process
- 1
Take the green loan
Borrow for an activity covered under SIDBI's Green Finance Scheme.
You - 2
- 3
- 4
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
How much interest subvention is available?
6% on the qualifying loan.
Which loans qualify?
Loans taken for activities covered under SIDBI's Green Finance Scheme.
Does the state give the loan?
No — the loan comes from the lender; the state meets 6% of the interest cost.
Who can claim it?
MSMEs claiming under the Rajasthan Investment Promotion Scheme 2024.
Sources
Data on this page is compiled from official program and provider references.
News
- Haryana notifies scheme to subsidise electric cargo vehicles for MSMEsauto.economictimes.indiatimes.com · last month
Source: Google News aggregated
