SubsidyDirectorate of Industries, Department of Industries, Energy and Labour, Government of MaharashtraVerified 21 May 2026Official source

Maharashtra PSI 2019 — Interest Subsidy & SGST Reimbursement

The Maharashtra PSI 2019 scheme offers interest subsidies and SGST reimbursements to boost industry investment in backward zones. It targets MSMEs and large industries with incentives based on Gross Fixed Capital Investment.

Maximum amount
₹2.0Cr
Typical payout
₹10.0L
Processing time
12–36 weeks
Application window
Closed. Deadline expired on March 31, 2026.

Check if your startup qualifies for Maharashtra PSI 2019 — Interest Subsidy & SGST Reimbursement

Answer a few questions about your company and get a free, personalised eligibility report across all active government schemes — including MH PSI Interest SGST.

Check eligibility — free

Eligibility criteria

Company type
Private Limited, LLP, Proprietorship, Partnership Firm
Stage
Early Stage (Revenue < ₹1Cr), Growth Stage (₹1Cr–₹25Cr), Scaling (₹25Cr+)
States
Maharashtra
Sectors
manufacturing, food_processing, textile, chemicals, engineering, agritech, pharma, other
Prerequisites
  • Udyam (MSME) registration required

Documents required

1
Udyam Registration Certificate
Certificate required for MSMEs to verify their registration under the Udyam system, mandatory for all applicants.
Tip: Ensure your Udyam registration is up-to-date and reflects the correct business details.
2
Detailed Project Report (DPR)
A comprehensive report detailing project specifications and timelines, mandatory for application.
Tip: Include a detailed construction chart and itemized plot allocation for clarity.
3
Land Ownership Documents, Lease Deed, or MIDC Allotment Order
Proof of land ownership or leasing, necessary for verifying project location.
Tip: Provide clear, certified copies of ownership or lease documents. Include MIDC orders if applicable.
4
First Sale Invoice and Commencement of Commercial Production Documentation
Proof of the start of commercial operations, marked with the first sale invoice, mandatory for eligibility.
Tip: Ensure documentation from the date of initial production or sales is included.
5
Term Loan Sanction Letter and Bank Loan Disbursement Certificate
Verification of financial support via loans, essential for process validation.
Tip: Secure certificates from the lending bank citing the sanctioned amount and disbursement details.
6
Audited Balance Sheets and Profit & Loss Statements
Financial statements for the initial years of operation to establish financial health.
Tip: Ensure all financial documents are audited by a certified CA.
7
Power Supply Sanction Letter and First Energized Electricity Bill
Verification of utility connection and operational start, both mandatory.
Tip: The electricity bill should coincide with the commencement of commercial operations.
8
Gross SGST Paid Ledger / Form GSTR-3B
Required for SGST reimbursement claims to show GST compliance.
Tip: Maintain accurate, up-to-date GST records for verification.
9
Interest Subsidy Ledger Certificate from Financing Branch
FSigned verification of actual interest paid, needed for interest subsidy track.
Tip: Secure this document directly from your bank to prevent processing delays.
10
Non-Agricultural Land Clearance Permission
Conditional clearance for locations outside MIDC parks.
Tip: Ensure you have this permission if not located in an industrial park.
11
Pollution Control Board Clearances
Mandatory consents 'to establish' and 'to operate' from relevant pollution control authorities.
Tip: Keep documentation updated to avoid environmental compliance issues.

How to apply for MH PSI Interest SGST

1
Register your industrial entity profiles through the Single Window MAITRI Maharashtra Portal.Open portal
2
Complete documentation on 'Effective Steps' taken, like plot acquisition and machinery payments.Open portal
3
File the official application for the Eligibility Certificate (EC) directly via the Maharashtra Industry Portal.
4
Upload all compiled financial, corporate, and land title files on the dashboard for initial desk inspection.
5
Apply annually for incentive claims on the same portal after calculating SGST returns or interest costs.

Frequently asked questions

Who is eligible for MH PSI Interest SGST?

MH PSI Interest SGST is available to Private Limited, LLP, Proprietorship, Partnership Firm companies at the Early Stage (Revenue < ₹1Cr), Growth Stage (₹1Cr–₹25Cr), Scaling (₹25Cr+) stage, across Maharashtra. Udyam (MSME) registration is required.

How much funding does MH PSI Interest SGST provide?

MH PSI Interest SGST provides up to ₹2.0Cr. Most applicants receive around ₹10.0L.

How long does MH PSI Interest SGST approval take?

The typical processing time from submission to disbursement is 12–36 weeks.

Is MH PSI Interest SGST currently accepting applications?

Yes, MH PSI Interest SGST is currently active and accepting applications. Application window: Closed. Deadline expired on March 31, 2026..

Do I need Udyam registration for MH PSI Interest SGST?

Yes, Udyam (MSME) registration is required. Register at udyamregistration.gov.in before applying.

Ready to apply for Maharashtra PSI 2019 — Interest Subsidy & SGST Reimbursement?

Find out in minutes if you meet the eligibility criteria — and discover every other government scheme your startup qualifies for, at no cost.

Check eligibility — free

Information is based on publicly available scheme guidelines. Last verified 21 May 2026. Always verify with official sources before applying.