Nagaland Interest Subvention (SCISI) 2025
Department of Industries & Commerce, Government of Nagaland · Central government
Nagaland offers 5% interest subvention to thrust-sector units on loans up to Rs 1 crore for plant, machinery or buildings.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Not specified
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
Under clause 6.2 of the Nagaland Trade Investment and Industrial Policy (NTIIP) 2025, the State Capital Interest Subvention Incentive (SCISI) lowers borrowing costs for units operating in the State's thrust sectors.
New units that qualify, along with expanding units in manufacturing, retail and services, are offered interest subvention of 5% on loans disbursed up to Rs 1 crore. To be eligible, the loan must finance eligible plant and machinery in the case of manufacturing, or buildings and other durable physical assets for service and retail units.
A unit that has already received assistance under clauses 6.1.1, 6.1.2 or 6.1.3 of the same policy cannot claim this subvention. Where a unit avails a similar benefit under the Centre's UNNATI scheme, the State pays only the differential amount.
Who can apply
- Eligible business forms
- Not specified
- Udyam registration
- Not specified
- MSME registration
- Not specified
- DPIIT startup recognition
- Not required
- GST registration
- Not specified
- Where the business may be based
- Nagaland
Eligibility conditions:
- The unit must be new or undergoing expansion, and located in Nagaland. - It must operate in the manufacturing, retail or service sector. - It must fall within a thrust sector notified under NTIIP 2025. - The loan must be used to fund eligible plant and machinery, buildings or other durable physical assets. - Units already assisted under clauses 6.1.1, 6.1.2 or 6.1.3 are not eligible. - Where a similar benefit is claimed under UNNATI, only the difference is paid.
How to apply
1. Obtain a term loan from a bank or financial institution for plant, machinery or physical assets that qualify. 2. File an application with the Nagaland Department of Industries and Commerce under clause 6.2 of NTIIP. 3. Furnish the sanction letter, disbursement statement and interest certificate issued by the lender. 4. Disclose any benefit already claimed under UNNATI, so that the differential can be calculated.
How applications are assessed
Before any subvention is released, the Department of Industries and Commerce carries out checks on three fronts: whether the unit qualifies as a thrust-sector entity, what kind of assets the financing covered, and how the loan has actually been disbursed.
Frequently asked questions
How much interest relief do I get?
The scheme provides a 5% interest subvention on loans disbursed up to Rs 1 crore.
What can the loan be used for?
For manufacturing units, the finance can be used for eligible plant and machinery; for service and retail units, it can be used for buildings and other durable physical assets.
Can an existing unit claim it?
Both new and expanding units can qualify, as long as they operate in a notified thrust sector.
Can I combine it with other NTIIP incentives?
Units that have received assistance under clauses 6.1.1, 6.1.2 or 6.1.3 cannot claim SCISI benefits.
What if I already get interest support under UNNATI?
If a State already provides a 5% subvention, only the gap between that amount and the UNNATI benefit is disbursed.
Sectors
- Nagaland
- Interest Subvention
- Thrust Sector
- Plant And Machinery
- State Policy
- Ntiip 2025
- Msme
Details last verified on 14 September 2026. Source: the issuer's published information.