Margin Money Grant to Nano Units
നാനോ യൂണിറ്റുകൾക്കുള്ള മാർജിൻ മണി ഗ്രാന്റ് പദ്ധതിA grant towards the owner's share of a bank loan for new nano units in manufacturing, food processing, job work or value adding services with a project cost up to ₹10 lakh.
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- Cost to apply
- No fee mentioned on the official page
- Status
- Open
- Run by
- Directorate of Industries and Commerce, Kerala
What you get
- Grant of 30% of project cost, up to ₹3 lakh, for general applicants
- Grant of 40% of project cost, up to ₹4 lakh, for women, youth, differently abled persons, ex-servicemen and SC and ST entrepreneurs
- Working capital up to 40% of project cost can be part of the project
Who can apply
- New businesses, or people about to start one.
- Open to businesses in manufacturing, food processing and services.
- Nano and micro enterprises.
- Project cost up to ₹10 lakh.
- The most on offer is ₹4 lakh.
- New proprietary nano enterprises only
- A loan from a bank, KFC or co-operative bank must cover at least 40% of project cost
- The owner must put in at least 30% of project cost (20% for special categories)
- Services must add value. Plain trading is not covered
- Land is capped at 10% of project cost and building at 25%
- At least 30% of beneficiaries are to be women
How to apply
- Get the loan sanctioned by a bank, KFC or co-operative bank
- Pay in the owner's share and keep the passbook entry
- Apply online or at the Taluk Industries Office with the bank sanction letter and recommendation and the passbook copy
- The General Manager of the District Industries Centre sanctions the grant
In person, Assistant District Industries Officer at the Taluk Industries Office
In Kerala, Taluk Industries Office and District Industries Centre
Documents to keep ready
- Project report
- Land title deed or land tax receipt, if any
- Building ownership certificate, if any
- Registered lease or rent deed, where relevant
- Proforma invoice or quotation for machinery and electrification
- Valuation by an approved or chartered engineer for civil work
- Bank sanction letter
- Passbook copy showing the owner's contribution
Figures you may see elsewhere
The English page gives the youth group as aged 18 to 40. The Malayalam page names youth but gives no age range
Worth knowing
Listed on both the English and Malayalam pages in 2026 (Malayalam page dated 9 February 2026). The January 2026 budget earmarked ₹17.06 crore.
Where we found this
An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.