Credit Linked Capital Subsidy Scheme (CLCSS)

Credit Linked Capital Subsidy Scheme (CLCSS)

Scheme Overview

Scheme Name :Credit Linked Capital Subsidy under CLC – TUS by Ministry of MSME.

• Effective Date :
• ➤ CLCS Component - 01.04.2017
• ➤ Reference date should be after 01.04.2017
• ➤ SCLCSS Component - 17.05.2017
• ➤ Reference date and Sanctions letter both should be after 17.05.2017
• ➤ Reference Date : the date of disbursement of last instalment

• Policy Period : 2017 – 2020


• Expiry Date : 31.03.2020 or exhausting of funds whichever is earlier

• Implementing / Nodal Agencies :
• ➤ SIDBI, NABARD, SBI, Punjab National Bank, Bank of Baroda, Canara Bank, Corporation Bank, Indian Bank, Andhra Bank and TIICL 

• Routing of Application : Through Banks / Financial Institutions


• Budget Allocation : Rs. 2360 Cr (including committed liabilities)

Objectives :

1. Facilitating technology upgradation by providing capital subsidy to Micro Small Enterpreneur (MSE) units for their plant and machinery involved in manufacturing process and equipment for rendering services
2. The intervention is only to facilitate Technology up-gradation to MSEs through institutional finance for induction of well established and proven technologies in specified sub-sectors / products.

Eligible Beneficiaries

1. Micro and Small Industries
2. Industry graduating from small to medium scale on account of sanction of additional term loan.

Quantum of Benefit :

• ➤ General Category
  1. 15% of TL (only plant & machinery component)
  2. Max Cap - 15 Lakhs
• ➤ SC / ST Category
  1. Additional 10% under SCLCSS scheme
• ➤ Ceiling Limit of TL - Rs. 100 Lakhs

Application – Cut Off Dates