You should be an Indian citizen. You should be between the age of 24-70 years. You should have a credit score of 685 or above. The business should be successfully running for a minimum of 3 years. This scheme provides an upfront subsidy of 15% on institutional credit up to Rs. 1 crore (i.e. a subsidy cap of Rs. 15 lakh) for identified sectors/subsectors/ technologies.