One Family One Enterprise OFOE
ഒരു കുടുംബം ഒരു സംരംഭം പദ്ധതിInterest relief for new MSMEs started on or after 1 April 2022 on bank loans up to ₹10 lakh, bringing the owner's interest down towards 4%.
Last updated on
- Cost to apply
- No fee mentioned on the official page
- Status
- Open
- Run by
- Directorate of Industries and Commerce, Kerala
What you get
- Refund of the gap between the bank's rate and 4%, up to 6 percentage points
- Covers term loans and working capital loans up to ₹10 lakh. Bigger loans get relief on the first ₹10 lakh
- Runs for five years from the first loan disbursement
- Half of the beneficiaries are to be women
Who can apply
- New businesses, or people about to start one.
- Open to businesses in manufacturing, services and trading.
- Udyam registration is needed. It is free.
- Unit started operation or production on or after 1 April 2022
- Loan from a nationalised or scheduled bank, KSIDC, KFC, KSFE or Kerala Bank
- Loan account not an NPA on the claim date, and the unit working on the application date
- Not for units that took a grant under another central, state or local body scheme, except some PMFME units
Where to apply
In person, District Industries Centre
In Kerala, District Industries Centre, applied for online
Worth knowing
Listed on both language sites in 2026. The guidelines PDF is named after GO (Rt) 1232/2022 and an amendment proposal is also linked.
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 Seen something out of date?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.