Debt & Credit·All India·Active

NABARD Refinance + Interest Subvention

Q: How do I apply for NABARD?

Apply through the official portal: https://www.nabard.org. The scheme is administered by NABARD.

Agri-MSME refinance backbone. 3-6% interest subvention through banks. PODF for FPOs.

Quick facts

Ministry / Agency: NABARD
Funding: 3-6% interest subvention
Stage: mvp, early-revenue, growth
Sector: agri, rural
Equity dilution: none
DPIIT recognition required: No
NRI / OCI eligibility: Yes — NRI and OCI founders are eligible to apply.

Who is eligible

Agri-MSMEs, FPOs, rural enterprises

How to apply

NABARD is administered by NABARD. Applications are submitted through the official portal — there are no application fees and you do not need to go through third-party intermediaries.

Apply on the official portal

Opens nabard.org in a new tab. StartupIndi is not affiliated with this scheme or its administering body.

Other schemes that often pair with NABARD or apply to a similar profile.

MUDRA — Pradhan Mantri MUDRA Yojana

Collateral-free working-capital ladder. 4 tiers from Shishu (≤₹50K) to Tarun Plus (₹10-20L). 8-12% p.a., 0.25% concession for women. ~67% of loans go to women.

Funding: Up to ₹20 LStage: ideation, prototype

ASPIRE — Innovation, Rural Industries & Entrepreneurship

Funds Livelihood and Tech Business Incubators. Founder play: get hand-holding via an ASPIRE-funded incubator for rural/agri-rural enterprise.

Funding: ₹75 L – ₹1 CrStage: ideation, prototype

Credit Guarantee Scheme for Startups

Credit guarantee on loans up to ₹20 Cr (doubled from ₹10 Cr in May 2025). Cover 85% up to ₹10 Cr, 75% above. AGF reduced to 1% p.a. for 27 Champion Sectors.

Funding: Up to ₹20 CrStage: early-revenue, growth

SFURTI — Scheme for Regeneration of Traditional Industries

Cluster-based programme for traditional artisans. Funds common facility centres, market linkages, design support, capacity building. Strong fit for traditional manufacturing and handicrafts founders.

Funding: Up to ₹8 CrStage: ideation, mvp

Frequently asked questions

Who is eligible for NABARD?+

Agri-MSMEs, FPOs, rural enterprises

What is the funding amount under NABARD?+

3-6% interest subvention. 3-6% interest subvention

Can NRI or OCI founders apply for NABARD?+

Yes — NRI and OCI founders are eligible to apply.

Does NABARD require DPIIT recognition?+

No — DPIIT recognition is not required for NABARD.

How do I apply for NABARD?+

Apply through the official portal at nabard.org. The scheme is administered by NABARD.

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