Bihar Textile Interest Subvention 2022

Bihar reimburses textile and leather units up to 10% interest (12% for micro and small) for 5 years, capped at ₹20 crore.

Under the Bihar Textile & Leather Policy, 2022 (incentive 6), textile and leather units in both Category A and Category B get their term-loan interest subsidised. The state pays a maximum of 10% interest — 12% for micro and small units — or the actual rate of interest, whichever is less, for up to five years.

The total subvention a unit can draw is capped at 50% of its Fixed Capital Investment (FCI) or ₹20 crore, whichever is lower. The incentive is administered by the Department of Industries, Government of Bihar and claimed through the state single window under the policy's application process.