Government Schemes & Subsidies

PMAY-U 2.0 is the Government of India's Housing for All mission aimed at providing affordable housing to urban poor and middle-income families over a five-year period (2024–2029). The scheme enables eligible beneficiaries to construct or purchase a house through the Interest Subsidy Scheme (ISS).

Eligible customers can avail an interest subsidy of up to ₹1.80 lakh on home loans, subject to the PMAY-U 2.0 eligibility criteria.

Eligibility Criteria Under PMAY-U 2.0

- Eligible Products: Home Purchase, Home Construction and Land Purchase + Home Construction

- Loan Amount: Up to ₹25 Lakh

- Property Value: Up to ₹35 Lakh

- Annual Household Income: EWS: Up to ₹3 Lakh, LIG: Above ₹3 Lakh and up to ₹6 Lakh, MIG: Above ₹6 Lakh and up to ₹9 Lakh

- Carpet Area: Up to 120 sq. m.

- First House: Applicant should not own a pucca house anywhere in India.

- Female Ownership Or Co-Ownership Required Under The Scheme

- Applicable Cases: Home loan cases sanctioned on or after 1 September 2024.

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) is a Government of India initiative aimed at promoting the use of solar energy in agriculture. The scheme supports the installation of solar pumps and decentralized solar power plants for farmers.

It helps reduce dependence on diesel and grid electricity for irrigation while enabling farmers to earn additional income by selling surplus power to DISCOMs. The scheme is implemented by the Ministry of New and Renewable Energy (MNRE) in association with State Governments and participating banks.

Component A: Incentive support is provided to DISCOMs for procuring power from farmers and developers, subject to the prescribed generation and capacity limits.

Components B & C: Central and State Governments jointly provide subsidy support, while the remaining project cost is borne by the farmer.

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

The Agriculture Infrastructure Fund (AIF) is a Government of India initiative that supports farmers, Farmer Producer Organizations (FPOs) and agri-entrepreneurs in creating modern post-harvest infrastructure.

The scheme provides financial assistance for setting up warehouses, cold storages, processing units and other agriculture infrastructure projects.

It offers an interest subvention of 3% on eligible loans of up to Rs. 2 crore, along with credit guarantee support.

The scheme aims to strengthen the agricultural value chain and reduce post-harvest losses.

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

The PM Formalisation of Micro Food Processing Enterprises (PMFME) Scheme supports micro food processing entrepreneurs in upgrading and expanding their businesses.

The scheme provides bank-linked financial assistance with a credit-linked capital subsidy of up to 35% of the eligible project cost, subject to a maximum subsidy of Rs. 10 lakh.

It helps reduce the financial burden and encourages the growth of food processing enterprises.

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

The Mission for Integrated Development of Horticulture (MIDH) is a Government of India initiative aimed at promoting the cultivation of fruits, vegetables, flowers, spices and plantation crops.

The scheme provides financial assistance for area expansion, quality planting material and the adoption of modern farming practices. It also supports the establishment of polyhouses, shade net houses, drip irrigation systems, nurseries and post-harvest infrastructure such as cold storages, pack houses and processing units. The scheme aims to improve productivity, enhance crop quality and increase farmers' income.

Capital Subsidy: Generally 35%–50% of the eligible project cost. Higher subsidy is available for small and marginal farmers and other eligible categories.

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

The State Agricultural Mechanization Scheme is implemented through the MAHA DBT portal to promote farm mechanization across Maharashtra.

The scheme provides financial assistance for the purchase of agricultural machinery and equipment to improve farm productivity, reduce labour dependency and enhance operational efficiency. Farmers can apply online through the MAHA DBT portal and beneficiaries are selected through a transparent lottery process.

Capital Subsidy: Generally 40%–50% of the equipment cost. (Higher subsidy is available for SC/ST, small and marginal farmers.)

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

The Chief Minister Employment Generation Programme (CMEGP) is a Government of Maharashtra initiative that promotes entrepreneurship, creates employment opportunities and supports the establishment of new businesses across rural and urban areas.

The scheme offers bank-linked financial assistance of up to ₹50 Lakh for manufacturing enterprises and up to ₹10 Lakh for service enterprises. Eligible beneficiaries can also avail a capital subsidy of up to 35%, subject to the scheme guidelines.

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

Mukhyamantri Udyam Kranti Yojana (MMUKY) is a Government of Madhya Pradesh initiative that supports aspiring entrepreneurs in starting or expanding their businesses through collateral-free bank loans. 

The scheme offers project financing of up to Rs. 50 lakh for manufacturing enterprises and up to Rs. 25 lakh for service and trade enterprises.

Eligible borrowers can also avail an interest subsidy of 3% for up to 7 years. The scheme is backed by CGTMSE guarantee support, improving access to credit while reducing the collateral requirement. It is available for eligible Madhya Pradesh residents between 18 and 45 years of age.

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

The Animal Husbandry Infrastructure Development Fund (AHIDF) is a Government of India initiative that supports the development of modern animal husbandry infrastructure.

The scheme provides financial assistance for setting up processing units, feed plants, breeding farms, veterinary infrastructure and other eligible projects.

It offers interest subsidy and credit guarantee support, helping reduce the cost of borrowing and collateral requirements for eligible borrowers.

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

The Annasaheb Patil Arthik Magas Vikas Mahamandal (APAMVM) Scheme is a Government of Maharashtra initiative aimed at promoting self-employment among Maratha youth and economically weaker sections.

The scheme provides financial assistance through bank-linked loans along with interest subsidy support. It covers sectors such as trade, transport, agriculture and allied activities and micro-enterprises.

Loan Amount: Up to Rs. 15 lakh

Interest Subvention: Up to 12%, subject to a maximum of Rs. 4.5 lakh

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

AAI Yojana (Tourism) is a state-level initiative aimed at promoting tourism infrastructure and the hospitality sector.

The scheme supports the establishment of hotels, resorts, homestays and other tourism-related projects.

Financial assistance is provided to encourage private investment in tourism and contribute to employment generation and local economic development.

Loan Amount: Up to Rs. 15 lakh

Interest Subvention: Up to 12%, subject to a maximum of Rs. 4.5 lakh

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

The Rajasthan Investment Promotion Scheme (RIPS) 2024 is a Government of Rajasthan initiative designed to promote industrial investment and accelerate economic growth in the state. The scheme offers various fiscal incentives and subsidies to new as well as expanding enterprises. It covers sectors such as manufacturing, MSMEs, agro-processing, logistics, tourism and services.

- Capital/Investment Subsidy: Available as a percentage of fixed capital investment, subject to the eligible sector and category.

- Interest Subsidy: Available on term loans for eligible projects.

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

Shri Vajpayee Bankable Yojana is a Government of Gujarat initiative aimed at promoting self-employment through financial assistance for setting up micro enterprises in the industry, trade and service sectors.

The scheme offers bank-linked loans of up to Rs. 25 lakh along with capital subsidy of up to 40%, subject to the applicable scheme guidelines.

It encourages entrepreneurship among youth and economically weaker sections by improving access to institutional finance.

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

Dr. Bhimrao Ambedkar Rajasthan Udhyam Protsahan Yojana (BRUPY) is a Government of Rajasthan initiative aimed at promoting entrepreneurship among SC/ST communities. The scheme provides financial assistance for establishing or expanding businesses in the manufacturing, service and trading sectors.

It offers loans of up to Rs. 10 crore along with capital subsidy of up to Rs. 25 lakh and interest subsidy of up to 9%, subject to the applicable scheme guidelines.

The scheme also provides CGTMSE guarantee support, helping reduce the collateral requirement for eligible borrowers.

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

The Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE) is a Government-backed scheme that provides credit guarantee support for loans extended to eligible Micro and Small Enterprises (MSEs) by Member Lending Institutions (MLIs).

The scheme enables collateral-free and partially collateral-backed (hybrid) loans, making it easier for businesses to access credit for their growth and expansion.

Key Features

- Eligible Credit Facility: Up to ₹10 Crore per borrower.

- Guarantee Coverage: 75% to 85% of the amount in default and up to 90% for eligible categories, as per the scheme guidelines.

- Guarantee Fee (AGF): Approximately 0.37% to 1.20% per annum, based on the loan amount, risk category and borrower profile.

For more details, write to us at subsidy.centralproduct@aubank.in

The Emergency Credit Line Guarantee Scheme (ECLGS 5.0) is a Government-backed scheme managed by the National Credit Guarantee Trustee Company (NCGTC) to provide guaranteed additional credit support to eligible businesses.

The scheme offers a 100% guarantee on incremental credit facilities for eligible MSMEs and a 90% guarantee for eligible non-MSMEs and the airline sector. It is designed to help businesses meet their liquidity requirements during periods of financial stress caused by external disruptions.

Key Features

- Additional Loan Eligibility: Up to 20% of the existing working capital limit for eligible MSMEs and other businesses and up to 100% for the airline sector, subject to the prescribed scheme guidelines.

- Zero Guarantee Fee, Processing Charges & Prepayment Charges

- Validity: Applicable for eligible loans sanctioned up to 31 March 2027.

For more details, write to us at subsidy.centralproduct@aubank.in

or visit the official Government website.

The Credit Guarantee Scheme for Export-Oriented MSMEs (CGSE) is a specialized financing solution for export-focused businesses.

The scheme offers collateral-light term loans with credit guarantee support to improve access to finance.

Eligible exporters can avail funding of up to Rs. 20 crore with guarantee coverage of up to 75%.

It also provides zero guarantee fee in the first year and a flexible repayment tenure, enabling MSMEs to expand their export business with ease.

For more details, write to us at subsidy.centralproduct@aubank.in

AU Small Finance Bank offers financing support under the CGFMU Scheme, a Government-backed initiative that enables collateral-free loans to micro enterprises under MUDRA.

Key Features
 

- No collateral or third-party guarantee required.

- Government guarantee reduces risk and speeds up approvals.

- Supports small businesses, start-ups and self-employed individuals & dedicated support for your business growth.

For more details, write to us at subsidy.centralproduct@aubank.in
 

NABSanrakshan is a government-backed credit guarantee scheme managed by NABARD that facilitates collateral-free funding for eligible Farmer Producer Organizations (FPOs) by providing credit guarantee support for term loans, working capital and composite credit facilities in agriculture and allied sectors.

Key Features

- Guarantee Coverage: 85% for credit facilities up to ₹1 Crore and 75% for facilities above ₹1 Crore, subject to a maximum guarantee cover of ₹1.5 Crore per FPO.

- Guarantee Fee (AGF): 0.75% for loans up to ₹1 Crore and 0.85% for loans above ₹1 Crore, capped at ₹1.70 Lakh per annum.

For more details, write to us at subsidy.centralproduct@aubank.in

The Credit Guarantee Scheme for Startups (CGSS) is a Government-backed initiative that provides collateral-free credit guarantee support to eligible startups recognized by DPIIT.

The scheme enables startups to access funding for business growth through working capital, venture debt and other eligible credit facilities while reducing collateral requirements.

The CGSS offers guarantee cover up to ₹20 crore per borrower without collateral & guarantee coverage up to 85% of loan amount.

For more details, write to us at subsidy.centralproduct@aubank.in

The Mutual Credit Guarantee Scheme (MCGS–MSME) enables MSMEs to avail higher loan amounts with partial credit guarantee support.

The scheme reduces the need for collateral and improves access to credit with guarantee coverage of up to 60%. It offers funding of up to Rs. 100 crore with guarantee cover on both principal and interest, along with a flexible repayment tenure of up to 10 years.

The scheme also provides zero guarantee fee in the first year, helping reduce the overall cost of borrowing for eligible businesses.

For more details, write to us at subsidy.centralproduct@aubank.in