Startup funding in India: grants, loans and eligibility

Choose Indian funding by the milestone it needs to finance: a technical experiment, equipment, working capital or a business launch. A grant, a loan and equity each come with different costs and conditions. The guide below helps you select the route before you spend time on an application.

Illustrative founder decision

Choose the route from the business model

A founder building a proprietary medical device and an entrepreneur opening a distribution business may need the same amount of money. They need different shortlists. The device team should identify its technical milestone and relevant incubator or innovation route. The distributor should start with the cost of stock, the collection cycle and affordable loan repayment.

A funding brief you can use

Write a one-page funding brief: legal entity and registrations; current revenue; what the money will buy; the milestone it should reach; and the amount you can contribute. Put product development, equipment and working capital on separate lines. A programme that funds one does not automatically fund the others.

The next conversation

If the route needs recognition, a host institution or a lender, identify that decision-maker before preparing a long application. For an ongoing loan, ask for the repayment schedule and application checklist. For a grant call, save the live notification and the eligible-cost rules.

Find your starting point

Scroll across to compare every column.

Government schemes and guarantees

Startup India Seed Fund Scheme (SISFS)

Type

Grant, Convertible debt

Support

Up to ₹20 lakh as a grant for proof of concept, prototype or product trials, and up to ₹50 lakh as convertible debentures or debt-linked instruments for market entry and scaling.

Who it fits

DPIIT-recognised startups at an early stage that need money to prove and launch a product.

Key requirements

DPIIT recognition; incorporated not more than two years before applying; a business idea with market fit and scope to scale; Indian promoters holding at least 51%.

How to apply

Apply on the Seed Fund portal to up to three approved incubators. The incubator selects startups and releases funds in milestones.

Availability

Closed to new startup applications under the final published notice

Timing

Final startup deadline: 31 May 2026. Incubators were to complete startup selection by 30 June 2026. The official portal checked on 17 October 2026 still shows this notice; no reopening is confirmed.

Cost or condition to plan for

Money flows through the incubator, which may have its own terms for services or equity. Check them before accepting.

Official sources

seedfund.startupindia.gov.in

Last checked

17 October 2026

Pradhan Mantri MUDRA Yojana

Type

Loan

Support

Shishu ≤ ₹50,000; Kishore > ₹50,000– ₹5 lakh; Tarun > ₹5–10 lakh; Tarun Plus > ₹10–20 lakh.

Who it fits

Eligible income-generating microenterprises, including specified agriculture-allied activities.

Key requirements

Lender credit/applicant checks. Tarun Plus is specifically for entrepreneurs who previously took and successfully repaid a Tarun-category loan.

How to apply

Participating banks, NBFCs, MFIs and other member lending institutions.

Availability

Ongoing, through banks or lenders

Timing

Ongoing member-lender application/appraisal; no nationwide competitive closing date.

Cost or condition to plan for

Repayable credit, not a subsidy or startup grant. The ₹20 lakh ceiling is not a first-time borrower entitlement.

Official sources

financialservices.gov.in

Last checked

16 October 2026

CGTMSE credit guarantee

Type

Loan guarantee

Support

Credit guarantee framework ceiling increased to ₹10 crore.

Who it fits

Eligible micro/small enterprises seeking lender finance.

Key requirements

Eligible MSE and credit facility through a member lender; lender appraisal, guarantee coverage, exclusions and fees require current checks.

How to apply

Ask the lending institution about CGTMSE coverage; founders do not receive a direct grant from the trust.

Availability

Ongoing, through banks or lenders

Timing

Ongoing member-lender credit and guarantee workflow; no competitive grant deadline.

Cost or condition to plan for

A guarantee protects the lender under its terms; the business still owes repayment. Do not equate the ceiling with automatic loan sanction.

Official sources

cgtmse.in · pib.gov.in

Last checked

16 October 2026

Credit Guarantee Scheme for Startups (CGSS)

Type

Loan guarantee

Support

Debt eligible for cover up to ₹20 crore net of collateral; transaction guarantee 85% of default for loans up to ₹10 crore, 75% above ₹10 crore.

Who it fits

Eligible recognised startups seeking debt through member institutions.

Key requirements

Check current DPIIT recognition, member-institution credit eligibility, default/NPA conditions and the guarantee agreement; the lender must approve the facility.

How to apply

Approach a participating lender/member institution, not a grant consultant.

Availability

Ongoing, through banks or lenders

Timing

Ongoing member-institution application and credit appraisal; no national grant cutoff.

Cost or condition to plan for

Coverage percentages and guarantee fees depend on the revised rules and facility; not a ₹20 crore government grant.

Official sources

ncgtc.in · bankofbaroda.bank.in

Last checked

16 October 2026

PM Vishwakarma

Type

Loan, Toolkit incentive

Support

Enterprise-development loans up to ₹3 lakh in two tranches; toolkit e-voucher up to ₹15,000.

Who it fits

Already registered PM Vishwakarma artisans/craftspeople in covered trades seeking eligible credit stages.

Key requirements

Registered qualifying artisan age 18+ in one of eighteen traditional trades; training, family/government-employment, prior-credit and repayment/tranche rules apply. Bank approves credit after required verification.

How to apply

Official PM Vishwakarma portal / authorised CSC registration and verification.

Availability

Ongoing, through banks or lenders

Timing

Continuing staged credit route for eligible registered beneficiaries through scheme period 2027–28; no universal competitive cutoff.

Cost or condition to plan for

Two credit tranches ₹1 lakh / ₹2 lakh at 5% beneficiary rate; training, repayment and tranche conditions apply. Toolkit voucher and training stipend are separate benefits. One eligible family member; current prior-credit and government-employee-family exclusions apply. Official portal says the 30 lakh registration target was achieved in September 2025; fresh enrolment availability is not asserted.

Official sources

pmvishwakarma.gov.in · sidbi.in

Last checked

16 October 2026

PM SVANidhi — restructured street-vendor loans

Type

Loan, Interest subsidy

Support

Progressive tranches up to ₹15,000 / ₹25,000 / ₹50,000; repayment 12 / 18 / 36 months.

Who it fits

Eligible street vendors in notified urban/census-town and phased expansion areas.

Key requirements

Valid Certificate of Vending or Letter of Recommendation, applicable ULB/state eligibility and verification. Later tranches require successful repayment of prior tranche. Notified-state rules and bank appraisal apply.

How to apply

Current PM SVANidhi portal/mobile app or ULB assistance; live LoR-cum-loan and enhanced tranche applications.

Availability

Ongoing, through banks or lenders

Timing

Ongoing applications; Cabinet-extended lending period through 31 March 2030. No national competitive grant cutoff.

Cost or condition to plan for

Collateral-free repayable credit with interest subsidy for timely repayment. Portal updated 13 October 2026 explicitly says enhanced-loan application routes are live.

Official sources

pmsvanidhi.mohua.gov.in · pib.gov.in · pib.gov.in

Last checked

16 October 2026

Research and innovation grants

BIRAC Biotechnology Ignition Grant (BIG)

Type

Grant

Support

Up to ₹50 lakh grant-in-aid over up to 18 months, released in milestone-linked tranches.

Who it fits

Early biotech, medtech and life-science founders taking an idea to proof of concept.

Key requirements

Company or LLP incorporated within five years of the call, with a functional in-house R&D facility, or individuals as the call allows. Previous BIG recipients are not eligible.

How to apply

Apply to a BIG call through BIRAC; applications are handled with BIG Partner incubators.

Availability

No current open BIG call confirmed

Timing

The official BIRAC current-call list checked on 17 October 2026 does not list BIG. The previous BIG call shown there closed on 30 November 2025. A usual annual calendar is not confirmation of a new call.

Cost or condition to plan for

A proof-of-concept grant, not scale-up money. Plan the next funding step before the grant ends.

Official sources

birac.nic.in · BIRAC current calls

Last checked

17 October 2026

BIRAC E-YUVA / Innovation Fellowships

Type

Fellowship, Research grant

Support

Fellowship plus research support; amount varies by fellowship category.

Who it fits

Entrepreneurial translation of biotech-related research by eligible students/graduates.

Key requirements

Undergraduates: team of 3–5 Indian students with mentor. Innovation Fellow categories: eligible science masters/PhD holders, degree-recency rules/exemptions; full-time EYC work. Current PG/PhD enrolment is excluded for Innovation Fellows.

How to apply

Use the official 2026 call and BIRAC online application.

Availability

Open now; recurs regularly

Timing

2026-10-31 17:30; the call does not explicitly label its time zone—confirm with BIRAC.

Cost or condition to plan for

Category-specific research fellowship, not unrestricted business working capital. Read the residency, mentor and degree requirements.

Official sources

birac.nic.in · birac.nic.in

Last checked

16 October 2026

BIRAC-PATH — patent facilitation co-funding

Type

Patent co-funding, Conditional grant

Support

For eligible businesses/private research institutions: BIRAC bears up to 70% and applicant at least 30% of approved patent costs. Eligible government institutes/universities: 100% grant-in-aid. Benefit sharing applies; no flat rupee grant cap advertised here.

Who it fits

Eligible biotech/life-sciences entities with a protectable invention and patent filing deadlines in the next 4–6 months.

Key requirements

Prior BIRAC-funded startups/companies/MSMEs/institutes/universities; or non-BIRAC-funded biotech/life-sciences startups/MSMEs incubated at BIRAC-supported BioNEST centres. Individuals/fellows, background IP and the same technology already receiving government/incubator/IPFC/TTFC patent support are excluded. Submit an Invention Disclosure Form, technical data, commercialisation plan, incorporation/shareholding/MoA and applicable DPIIT/Udyam evidence. Non-BIRAC applicants also need BioNEST endorsement and incubation agreement; all declare no duplicate patent support.

How to apply

Open the current BIRAC-PATH call and submit the online Invention Disclosure Form during its stated window. Existing BIRAC users use their account; new applicants register through the official route.

Availability

Open now; recurs regularly

Timing

Call opened 1 October 2026; closes 21 October 2026 at 17:30. The notice does not print a timezone; plan around BIRAC’s Indian local time (IST) and submit early. Requested filing deadlines must fall in the next 4–6 months from the call announcement.

Cost or condition to plan for

Cost-linked patent support through empanelled firms, not unrestricted working capital. Applicant retains IP, but licensing/transfer needs prior BIRAC permission. Standard benefit share is 5% of annual net sales until support recovered; 7% applies where the same IP already has a BIRAC royalty obligation. Licensing/sale/assignment entails 1.5 times support; read sections 1.8–1.9 for interest/default and at least 10-year monitoring/reporting duties. Patent support ends at grant or territorial commercialisation, whichever comes first.

Official sources

birac.nic.in · birac.nic.in · birac.nic.in

Last checked

16 October 2026

Technology Development Board commercialisation finance

Type

Loan, Equity, Exceptional grant

Support

Normally loan up to 50% of project cost at 5% simple annual interest; equity up to 25%. Qualifying DPIIT startups with project cost up to ₹5 crore can seek up to 70%.

Who it fits

Commercial application of indigenous technology or substantial adaptation of imported technology.

Key requirements

Eligible Indian commercial/technology entity; technology rights, commercialisation evidence, remaining finance and project due diligence. Generic consultancy or basic research is not the target.

How to apply

TDB’s online proposal process; published FAQ says applications throughout the year.

Availability

Rolling applications

Timing

Year-round applications; no fixed annual closing date.

Cost or condition to plan for

Royalty on product sales, security/guarantees and 1% earnest deposit apply under current FAQ. Deposit may be forfeited if applicant does not sign after LOI. Normally repayment starts one year after project completion, in nine half-yearly instalments over 4.5 years. Grants are exceptional, not the standard route.

Official sources

tdb.gov.in · tdb.gov.in

Last checked

16 October 2026

Karnataka ELEVATE NxT 2026

Type

State grant

Support

Up to ₹1 crore, milestone-based.

Who it fits

Deep-tech ventures with substantial technical complexity, IP potential and TRL 3–8.

Key requirements

Accepted company/LLP/registered-partnership/cooperative; within 20 years; ≥ 2 core/founding team; turnover ceiling ₹300 crore; no ELEVATE grant in preceding 3 years. Pan-India entry, with Karnataka registered-office relocation within 4 months after winning for outsiders.

How to apply

Official ELEVATE portal; use NxT-specific requirements and templates.

Availability

Open now; recurs regularly

Timing

2026-11-13 17:00 IST; opened 2026-10-13.

Cost or condition to plan for

A separate Minorities call has different conditions. Page uses both “not exceed” and “less than” for turnover: confirm borderline cases. Do not reuse old generic ELEVATE eligibility.

Official sources

elevate.startupkarnataka.in · elevate.startupkarnataka.in

Last checked

16 October 2026

Bank loans for startups and women entrepreneurs

SBI Finance to Start-ups — MSME UDAAN

Type

Loan

Support

Term/working-capital finance up to ₹50 crore; bank appraisal and tier-specific rules.

Who it fits

Recognised MSME startups with demonstrated proof of concept and institutional support.

Key requirements

Udyam and DPIIT recognition; qualifying company/registered partnership/LLP, age at most ten years, turnover at most ₹100 crore in any year under published product rules, no reconstruction. Incubator/accelerator/investor support and fully tied-up equity. Above ₹50 lakh AIF investment compulsory.

How to apply

Designated SBI startup branch / official business-loan enquiry route.

Availability

Ongoing, through banks or lenders

Timing

Ongoing designated-branch application route; no fixed public closing date.

Cost or condition to plan for

Primary asset/IP charges and promoter personal guarantees apply. Guarantee cover or at least 25% tangible collateral if unavailable; up to ten-year term. Public fee sections conflict: obtain written current fee schedule instead of assuming zero fees.

Official sources

sbi.bank.in · sbi.bank.in

Last checked

16 October 2026

Union Start-Up finance

Type

Loan

Support

Startup term/working-capital finance; sanction amount and product limits confirmed by bank.

Who it fits

DPIIT-recognised innovative/scalable startups seeking repayable capital.

Key requirements

Startup certified by competent authority/DPIIT; bank project, repayment and credit assessment. Current product FAQ specifies 20% margin for working capital and term loan.

How to apply

Current Union Start-Up Apply Now / designated startup bank branch.

Availability

Ongoing, through banks or lenders

Timing

Ongoing published bank application route; no fixed competitive closing date.

Cost or condition to plan for

Public FAQ incorrectly labels quantum/security questions as Equipment Finance. Do not rely on those copied headings for a startup cap, collateral waiver or tenor; obtain startup-specific written terms.

Official sources

unionbankofindia.bank.in

Last checked

16 October 2026

PNB Finance to Start-ups

Type

Loan

Support

Published product ₹1 crore– ₹50 crore; minimum 25% margin.

Who it fits

Recognised startups in MSME, agriculture and allied sectors.

Key requirements

Private limited company, registered partnership or LLP; DPIIT/state recognition, age one–ten years, turnover at most ₹100 crore under product rules; promoter equity at least 51%, no reconstruction, innovative/scalable business. Equity fully tied up before funding.

How to apply

Current PNB MSME catalogue → startup guidelines and MSME loan application forms / branch.

Availability

Ongoing, through banks or lenders

Timing

Ongoing published bank application route; no fixed competitive closing date.

Cost or condition to plan for

Published security includes asset charge and promoter-share pledge 10–28%, plus collateral/personal guarantee where applicable. Linked brochure has stale government-guarantee ceilings; use current CGTMSE/CGSS rules and bank confirmation. Fees waived as listed except out-of-pocket expenses; confirm offer.

Official sources

pnb.bank.in · pnbindia.in

Last checked

16 October 2026

SBI Asmita — women-entrepreneur MSME loan

Type

Loan

Support

Brownfield above ₹10 lakh– ₹5 crore; greenfield above ₹1 crore– ₹5 crore.

Who it fits

Women-led manufacturing, trading or service MSMEs.

Key requirements

Enterprise run/managed by women; company/partnership women ownership more than 50%; valid Udyam/Udyam Assist identification. Bank credit assessment and applicable current MSME definition.

How to apply

Current official product listing → SBI branch for detailed application/rules.

Availability

Ongoing, through banks or lenders

Timing

Ongoing branch application route; no fixed public closing date.

Cost or condition to plan for

No collateral under published scheme, but promoter personal guarantees and borrower-paid CGTMSE fee apply. Term/dropline loan up to seven years including six-month moratorium; cash credit repayable on demand/annual renewal. No prepayment penalty.

Official sources

sbi.bank.in · sbi.bank.in

Last checked

16 October 2026

Union Nari Shakti

Type

Loan

Support

From ₹2 lakh; current public page states no maximum ceiling. Final amount subject to appraisal.

Who it fits

Women-owned and managed MSMEs, including qualifying SHGs.

Key requirements

Valid Udyam registration; women own and manage enterprise. Partnership/company at least 51% women shareholding; eligible Udyam-registered SHGs also qualify. Minimum margin 5% up to ₹10 lakh, 15% above.

How to apply

Union Bank official product Apply Now / branch credit application.

Availability

Ongoing, through banks or lenders

Timing

Ongoing published bank application route; no fixed closing date.

Cost or condition to plan for

Term/working-capital facility according to eligible business need. Price, security, guarantees and repayment must be confirmed in bank offer; no unrestricted grant or automatic loan entitlement.

Official sources

unionbankofindia.bank.in

Last checked

16 October 2026

SIDBI loans for MSMEs

SIDBI Venture Debt Financing to MSMEs

Type

Loan

Support

Rupee term loan normally ₹10 crore, potentially up to ₹15 crore; three-year tenure including moratorium.

Who it fits

VC/AIF-backed growth startups with operating revenue and positive unit economics.

Key requirements

MSME/startup under ten years, ₹10 crore equity with VC/AIF backing; published brochure requires ₹10 crore operating income in the last two years, positive unit economics, debt/equity at most 2:1 and net worth at least proposed loan. Confirm the income-period calculation with SIDBI.

How to apply

SIDBI branch / linked official application route; product-specific appraisal and documents.

Availability

Ongoing, through banks or lenders

Timing

Ongoing published lending route; no fixed closing date in current product material. Credit approval and product capacity apply.

Cost or condition to plan for

Repayable venture debt with guarantee/risk-sharing coverage where eligible. Current brochure describes non-dilutive funding; no automatic sanction from investor backing.

Official sources

sidbi.in · sidbi.in · onlineloanappl.sidbi.in

Last checked

16 October 2026

SIDBI GST Sahay — existing customers

Type

Loan

Support

Invoice credit limit up to ₹50 lakh; purchases up to 100% of invoice, eligible credit sales up to 90%.

Who it fits

Existing SIDBI micro/small enterprise customers with invoice cash-flow gaps.

Key requirements

Existing SIDBI customer, Udyam and GST registrations, at least two years operating and cash accruals in last audited year. KYC, credit approval, digital documents and mandate required.

How to apply

SIDBI branch / linked official application route; product-specific appraisal and documents.

Availability

Ongoing, through banks or lenders

Timing

Ongoing published lending route; no fixed closing date in current product material. Credit approval and product capacity apply.

Cost or condition to plan for

On-tap invoice finance under approved limit. Purchase proceeds paid to supplier; borrower repays principal and interest. No collateral under published product, subject to approved terms.

Official sources

sidbi.in · sidbi.in · onlineloanappl.sidbi.in

Last checked

16 October 2026

SIDBI EXPRESS machinery finance

Type

Loan

Support

Up to ₹3 crore; up to 100% financing with 25% fixed-deposit security.

Who it fits

Operating MSMEs buying machinery.

Key requirements

At least three years operating, mandatory Udyam and GST registrations, no bank/FI defaults. Digital assessment uses GST, tax returns, bank statements and credit score.

How to apply

SIDBI branch / linked official application route; product-specific appraisal and documents.

Availability

Ongoing, through banks or lenders

Timing

Ongoing published lending route; no fixed closing date in current product material. Credit approval and product capacity apply.

Cost or condition to plan for

Repayment up to 60 months; processing fee 0.50% plus GST; MCLR-linked pricing. Immediate in-principle offer is not final disbursement.

Official sources

sidbi.in · sidbi.in · onlineloanappl.sidbi.in

Last checked

16 October 2026

SIDBI SWIFT overdraft

Type

Loan

Support

Working-capital overdraft up to ₹3 crore.

Who it fits

Established MSMEs needing an overdraft without an existing working-capital lender.

Key requirements

Existing enterprise operating at least three years; no working-capital/overdraft facility with another bank/FI; no bank/FI defaults. Digital credit appraisal.

How to apply

SIDBI branch / linked official application route; product-specific appraisal and documents.

Availability

Ongoing, through banks or lenders

Timing

Ongoing published lending route; no fixed closing date in current product material. Credit approval and product capacity apply.

Cost or condition to plan for

Processing 0.25% at sanction and 0.10% annually at review/renewal; MCLR-linked pricing. Published product dispenses with monthly/quarterly stock/book-debt/QIS submissions.

Official sources

sidbi.in · sidbi.in · onlineloanappl.sidbi.in

Last checked

16 October 2026

SIDBI STEP working-capital term loan

Type

Loan

Support

Up to ₹3 crore existing SIDBI customers / ₹2 crore new customers.

Who it fits

Established firms augmenting net working capital or executing urgent confirmed orders.

Key requirements

Normally at least three years operating and operating profit in prior two years; existing SIDBI customers: two-year operations and one-year operating-profit conditions. No bank/FI defaults.

How to apply

SIDBI branch / linked official application route; product-specific appraisal and documents.

Availability

Ongoing, through banks or lenders

Timing

Ongoing published lending route; no fixed closing date in current product material. Credit approval and product capacity apply.

Cost or condition to plan for

Repayment up to three years including up to six-month moratorium. A term loan with scheduled repayment, distinct from SWIFT overdraft.

Official sources

sidbi.in · sidbi.in · onlineloanappl.sidbi.in

Last checked

16 October 2026

SIDBI ARISE project finance

Type

Loan

Support

Up to ₹50 crore, at most 80% of project cost.

Who it fits

Existing businesses expanding, modernising or upgrading technology in the same business line.

Key requirements

At least two years operating with audited accounts, cash profit in last audited results and no bank/FI defaults. Eligible land/building, machinery and related fixed-asset project.

How to apply

SIDBI branch / linked official application route; product-specific appraisal and documents.

Availability

Ongoing, through banks or lenders

Timing

Ongoing published lending route; no fixed closing date in current product material. Credit approval and product capacity apply.

Cost or condition to plan for

Repayment up to seven years with moratorium up to two years; MCLR-linked pricing. Promoter funds the balance.

Official sources

sidbi.in · sidbi.in · onlineloanappl.sidbi.in

Last checked

16 October 2026

SIDBI Ubharte Sitaare

Type

Loan

Support

Up to 80% of eligible project cost; project amount assessed by lender.

Who it fits

Export-oriented MSMEs with a strategic international market-entry/growth plan.

Key requirements

Fundamentally strong export-oriented small/mid-sized company, or eligible new unit whose promoters have relevant experience; no bank/FI defaults. Modernisation, product diversification, technology/R&D scope and export potential assessment.

How to apply

SIDBI branch / linked official application route; product-specific appraisal and documents.

Availability

Ongoing, through banks or lenders

Timing

Ongoing published lending route; no fixed closing date in current product material. Credit approval and product capacity apply.

Cost or condition to plan for

Term/foreign-currency term loan; joint EXIM financing and technical/equity support may be considered separately. Up to 25 basis-point performance/milestone incentive; not an automatic flat concession.

Official sources

sidbi.in · sidbi.in · onlineloanappl.sidbi.in

Last checked

16 October 2026

SIDBI STHAPAN greenfield project finance

Type

Loan

Support

Up to ₹50 crore and at most 75% of project cost; promoter contribution at least 25%.

Who it fits

New/greenfield manufacturing and eligible enterprise projects.

Key requirements

New unit/greenfield project; promoter experience at least three years in same line for loans up to ₹20 crore, five years above ₹20 crore; no bank/FI defaults. Eligible fixed-asset project and lender due diligence.

How to apply

SIDBI branch / linked official application route; product-specific appraisal and documents.

Availability

Ongoing, through banks or lenders

Timing

Ongoing published lending route; no fixed closing date in current product material. Credit approval and product capacity apply.

Cost or condition to plan for

Up to seven-year repayment including up to two-year moratorium; MCLR-linked interest. Does not imply unsecured lending.

Official sources

sidbi.in · sidbi.in · onlineloanappl.sidbi.in

Last checked

16 October 2026

SIDBI Green Finance Scheme (GFS)

Type

Loan

Support

Term loan up to ₹50 crore, capped at 75% of total project cost; repayment up to 10 years, including moratorium up to 18 months. MCLR-linked interest; final pricing and security follow appraisal.

Who it fits

Manufacturers, green service providers and MSMEs funding eligible energy, water, waste or mobility projects.

Key requirements

Eligible supply- or demand-side green projects/services: energy efficiency, renewable energy, compressed biogas, water/wastewater, solid waste and e-mobility. RESCOs, ESCOs, EPCs and vendors are included. Prepare registration/KYC, financials, bank records and a project cost/savings case; SIDBI assesses borrower and project eligibility.

How to apply

Use Apply Now on the official GFS page, then SIDBI’s OnlineApplication registration/login. Submit financial and identity documents only through the official process after checking the lender’s requirements.

Availability

Ongoing, through banks or lenders

Timing

Ongoing product application route; no fixed closing date published in the inspected official GFS page. Checked 16 October 2026. Apply subject to current lending policy and appraisal.

Cost or condition to plan for

Repayable finance, not a grant or automatic 25% subsidy. Arrange the project balance and loan servicing; do not assume collateral-free approval, a fixed rate or guaranteed energy savings. Guarantees/risk sharing may apply separately.

Official sources

sidbi.in · sidbi.in · onlineloanappl.sidbi.in

Last checked

16 October 2026

SIDBI CASH Defence

Type

Loan

Support

Up to ₹20 crore for established MSMEs / ₹5 crore new entities; up to 100% purchase-order finance.

Who it fits

MSMEs executing validated Indian defence orders.

Key requirements

Validated defence order/contract with contract period up to 60 months; MSME status, credit and order-execution appraisal. New entities have a lower limit.

How to apply

SIDBI branch / linked official application route; product-specific appraisal and documents.

Availability

Ongoing, through banks or lenders

Timing

Ongoing published lending route; no fixed closing date in current product material. Credit approval and product capacity apply.

Cost or condition to plan for

Repayment aligned to contract via bullet, equal or staggered instalments. Additional 10% contingency within overall sanction may be available; interest individually assessed.

Official sources

sidbi.in · sidbi.in · onlineloanappl.sidbi.in

Last checked

16 October 2026

SIDBI CASH RXIL

Type

Loan

Support

Umbrella limit up to ₹5 crore; finance up to 90% of purchase-order value.

Who it fits

MSME vendors on RXIL TReDS needing pre-invoice order finance.

Key requirements

Udyam and GST registration, at least one year RXIL TReDS history; confirmed work order/contract up to six months and bank credit assessment.

How to apply

SIDBI branch / linked official application route; product-specific appraisal and documents.

Availability

Ongoing, through banks or lenders

Timing

Ongoing published lending route; no fixed closing date in current product material. Credit approval and product capacity apply.

Cost or condition to plan for

Purchase-order finance, distinct from post-invoice TReDS discounting. Repayment follows order timelines.

Official sources

sidbi.in · sidbi.in · onlineloanappl.sidbi.in

Last checked

16 October 2026

How to narrow your shortlist in India

A first-time service-business owner should not start with venture debt meant for VC-backed companies. A biotech research team should not treat an invoice loan as research runway. Start with the specific milestone, entity, registrations and repayment ability, then check one or two routes. SISFS is retained above as a clearly closed reference; it is not a current application recommendation.

Questions before applying

Before you apply or spend

1. Save the current official page and check for amendments.
2. Confirm the exact eligibility condition that applies to you, in writing if possible.
3. Work out your own share: the unfunded part, ineligible costs and cash needed before money arrives.
4. For loans, ask for the full repayment schedule. For equity, model dilution.
5. Get qualified advice before signing anything with legal or tax consequences.

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