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Diary and Milk Processing 
Agro-Base Business 
How to Get 5%–8% Interest Subsidy in Haryana for New Business
The Haryana State Specific "Interest Subsidy Scheme" is a crucial initiative designed to provide substantial financial relief to new enterprises, startups, and businesses undertaking expansion or import substitution within the state. As a key component of the Haryana Enterprises and Employment Policy (HEEP), 2020, this scheme aims to significantly reduce the financial burden associated with setting up and growing businesses in Haryana
What is the Interest Subsidy Scheme?
The scheme offers 5% to 8% interest rate subsidy on business loans for 5 to 7 years, depending on your business type and project location. The maximum subsidy can reach up to ₹1.4 crore over 7 years, making it an essential support for new and expanding businesses in Haryana.
Who Can Benefit?
The scheme targets a wide range of businesses, including:
MSMEs – Manufacturing and services
Startups – New business ventures
Women, SC/ST, Minority Entrepreneurs – Special incentives available
Agri-Focused Enterprises – Farmers, FPOs, Dairy, Poultry & Fisheries
Others – Cooperative Societies, SHGs, EOUs, Logistics & Warehousing, and Technology Upgradation Units
| Enterprise Type | Investment Limit | Turnover Limit |
|---|---|---|
| Micro | ≤ ₹1 crore | ≤ ₹5 crore |
| Small | ≤ ₹10 crore | ≤ ₹50 crore |
| Medium | ≤ ₹50 crore | ≤ ₹250 crore |
| Expansion | 50% additional investment in plant & machinery |
Location Matters: Block Categorization
Haryana is divided into four blocks to promote balanced regional development:
A: Industrially developed (Faridabad, Gurugram, Panipat)
B: Intermediate development (Pataudi, Rohtak, Karnal)
C: Industrially backward (Bhiwani, Jind, Kaithal)
D: Most backward (Loharu, Narwana, Nagina)
Subsidy Quantum (Maximum Annual Support)
| Business Type | Subsidy Rate | Duration | Eligible Blocks |
|---|---|---|---|
| General MSME | 5% | 5 yrs | C & D |
| Thrust/Import Sub | 6% | 7 yrs | C & D |
| Agro-based/Food Processing | 7% | 7 yrs | C & D |
Max Annual Subsidy: ₹20 lakh per year
How KIP Can Help
- Subsidy Viability Report (SVR): Identify all eligible subsidies
- Business Modelling & Registrations: MSME/Startup support
- Bank Financing Assistance: Align loans with subsidies
- Subsidy Filing & Processing: Complete end-to-end application management
- Regular Compliance: Ensure smooth release of recurring incentives
Frequently Asked Questions (FAQs)
Q1: What is the maximum subsidy and duration?
Up to ₹1.4 crore over 7 years, with an annual cap of ₹20 lakh.
Q2: Which policy governs this scheme?
Haryana Enterprises & Employment Policy (HEEP), 2020.
Q3: Does location affect incentives?
Yes, C & D block projects receive higher incentives.
Q4: Are existing units eligible?
Yes, for expansion/diversification with ≥50% additional investment.
Q5: What is the application deadline?
Within 3 months of FY closing; late applications allowed up to 6 months.
Q6: How can KIP assist?
SVR, DPR, bank financing, subsidy filing, and compliance support.
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