Andhra Pradesh State Minorities Finance Corporation (APSMFC, incorporated 1985) extends subsidy through banks to weaker sections of minorities (Muslims, Christians, Sikhs, Buddhists, Parsis, Jains) for ISB (Industry, Service, Business), transport and Agriculture & Allied activities. Corporation subsidy is 50% of the unit cost subject to a maximum of ₹1,00,000; beneficiary contribution 10% and the balance (~40%) a bank loan. Maximum unit cost ₹2 lakh in general and ₹3 lakh for transport schemes. Applications registered only through OBMMS.
50% subsidy, up to ₹1 L
CAPITAL · quoted from the scheme, not calculated by us
Weaker-section minority beneficiaries in Andhra Pradesh for ISB, transport or Agriculture & Allied units (max unit cost ₹2 lakh general / ₹3 lakh transport).
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