This free Rajasthan Interest Subsidy Calculator under RIPS 2024 helps MSMEs and entrepreneurs in Rajasthan estimate the interest subsidy available under RIPS 2024. By entering your loan details, you can instantly see how much yearly interest you will pay and the subsidy you may be eligible for, based on the official slab system and scheme guidelines.
Know how much Interest Subsidy you can claim in RIPS 2024
Data Input Section
Calculator Result
| Year of Repayment (FY) | Amount of Annual Interest Payment to Bank (₹) | Amount of Interest Subsidy Available (₹) |
|---|---|---|
| Total | ₹0 | ₹0 |
How to use Rajasthan Interest Subsidy calculator (RIPS 2024)
Enter the sanctioned eligible loan amount (₹).
Include only the portion for plant, machinery, equipment or logistics infrastructure. Exclude land & building loans.Enter the annual Rate of Interest (%).
Example: 10.50.Enter the repayment term (months).
Example: 84 months (7 years).Pick the First EMI period (YYYY-MM).
Select your category (one option):
Regular MSME
Khadi Enterprise (10-year window; no +1%)
Rajasthan Rural Tourism Unit (extra +1% only if loan ≤ ₹25 lakh)
Agro-based Industry (extra +1% only if loan ≤ ₹25 lakh)
Click Calculate to see the financial-year wise interest and the eligible interest subsidy.
Totals are shown at the bottom.
Assumptions used in Rajasthan Interest Subsidy Calculator
EMI & interest: Standard EMI on a reducing balance with monthly compounding, no moratorium and no prepayments.
Eligibility window: Subsidy applies for 84 months (7 years) from the first EMI month, or 120 months (10 years) for Khadi. FY rows are prorated at the start and end based on the exact months within the window.
Slab basis: Slab selection is based on the sanctioned eligible loan amount, not on outstanding.
Loan cap: Loans above ₹50 crore are not eligible (the tool blocks input above this value).
Top-up: +1% applies only if category = Rural Tourism or Agro-based and sanctioned amount ≤ ₹25 lakh. Khadi does not get the +1% top-up.
Working capital excluded: Only term loans for plant/machinery/equipment/apparatus infra are considered.
Rounding: All rupee values are rounded to the nearest ₹1.
Interest actually paid: The yearly interest shown by the amortization is treated as paid and used for subsidy.
Disclaimer
This calculator is for information and educational purposes only. Results are illustrative and based on user inputs and the assumptions listed above. Actual eligibility, slab interpretation, documentation requirements, and disbursement are subject to the Rajasthan Investment Promotion Scheme (RIPS) 2024 and the decisions of the competent authorities/banks. This tool does not constitute professional advice or a sanction/approval of subsidy. Please review the official policy and consult with your bank/authority before making financial decisions.
Also Read
To know more about the eligiblity, duration and how to apply for interest subsidy under RIPS 2024 you can read our blog post Interest Subsidy in Rajasthan under RIPS 2024.
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