Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Discussions Forum
Home Forum Banking - Finance This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

How to avail 2% rebate on OD interest against MSME Registration Certificate, Banking - Finance

Issue Id: - 114599
Dated: 8-2-2019
By:- RAMAKRISHNA M

How to avail 2% rebate on OD interest against MSME Registration Certificate


  • Contents

Good Evening Every All,

We are registered under MSME and our organisation had taken Overdraft facility from ICICI Bank.

Understand that we are eligible for 2% rebate on OD interest.

How to avail this 2% from Bank since Bankers doesn't know this process till now.

Kindly suggest.

thanks & regards,

Ramakrishna

8555068096

Posts / Replies

Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 8-2-2019
By:- DR.MARIAPPAN GOVINDARAJAN

MSME is eligible to avail 2% discount of interest on smart loans. The loan option for GST registered firms will now be available through the GST portal itself. "When you file GST returns, you will be asked if you want a loan. GST registered firms will also get a 2 % interest subvention on fresh or incremental loans.


Page: 1

Old Query - New Comments are closed.

Quick Updates:Latest Updates