Kerala One Family One Enterprise (OFOE) Interest Subvention is a grant from Directorate of Industries and Commerce, Government of Kerala for new MSMEs in manufacturing, service or trading that started on or after 1 April 2022, with Udyam registration and a bank, KSIDC, KFC,…. It provides Up to ₹10 L. Applications are currently open.
Key facts
| Amount / benefit | Up to ₹10 L |
|---|---|
| Provider | Directorate of Industries and Commerce, Government of Kerala |
| Where | Kerala |
| Stage | Early Revenue, Growth, Prototype |
| Deadline | Applications open |
What is Kerala One Family One Enterprise?
Kerala One Family One Enterprise (OFOE) Interest Subvention — Interest subvention of up to 6% (loan interest above 4%) for five years on loans up to Rs 10 lakh — New MSMEs in manufacturing, service or trading that started on or after 1 April 2022, with Udyam registration and a bank, KSIDC, KFC, KSFE or Kerala Bank loan; 50% of beneficiaries are meant to be women. It is run by Directorate of Industries and Commerce, Government of Kerala.
An interest subvention lowers the interest you pay on an eligible loan — you borrow as usual, and part of the interest is reimbursed or waived so your effective rate is lower. The amount and form of support that actually apply to you depend on the programme’s rules and how your application is assessed — they are not fixed for every applicant.
Like most government programmes, it has its own eligibility conditions, documentation and application window, and these terms are revised from time to time. Because of that, it is worth confirming the current eligibility, amount and deadline on the official programme page before you invest time in applying.
Who is eligible for Kerala One Family One Enterprise?
New MSMEs in manufacturing, service or trading that started on or after 1 April 2022, with Udyam registration and a bank, KSIDC, KFC, KSFE or Kerala Bank loan; 50% of beneficiaries are meant to be women. Not for: Units that have already received a grant under a central, state or local-body scheme (except PMFME-supported units); loan accounts classed NPA..
How much does Kerala One Family One Enterprise give, and in what form?
Up to ₹10 L.
Frequently asked questions
What kind of support is this?
An interest subvention lowers the interest you pay on an eligible loan — you borrow as usual, and part of the interest is reimbursed or waived so your effective rate is lower.
Who runs this programme?
Kerala One Family One Enterprise (OFOE) Interest Subvention is offered by Directorate of Industries and Commerce, Government of Kerala. Eligibility and approval rest with them; the criteria and amounts are set by the programme.
Is there a deadline to apply?
Programmes like this can be rolling or time-bound. Confirm the current window on the official programme page before you apply.
How do I know if I’m eligible?
Read “Who can apply” above for the programme’s own criteria. If you’d like a quick read on your specific case, our free 2-minute eligibility check maps your stage, sector and revenue to what you can realistically claim.
Related programmes
Browse similar grant programmes. See all kerala startup and msme schemes. CapEasy handles this under Fundraising advisory.
Source and verification
No official page is linked for this programme yet. Verification date pending. Government programmes change — confirm current eligibility, amounts and deadlines on the official programme page before you apply. CapEasy is a private consultancy and is not affiliated with any government authority.