Mizoram Bana Kaih (Handholding) Scheme
Funded in the budget: Mizoram budget speech 2026-27 (26.02.2026) (26 Feb 2026, Para 55 (₹350 crore earmarked for Mizoram Bana Kaih in 2026-27, of which ₹150 crore under "Thlaithar leina under Handholding Scheme"); para 11 (loans to 384 and CM’s Special Package grants to 2,713 Progress Partners; first six-monthly interest subvention released))
Mizoram’s flagship livelihood scheme: selected farmers, entrepreneurs and producer groups get bank loans with the full interest paid back by the state (on loans up to ₹50 lakh) and a state-paid credit guarantee, or in exceptional cases a grant of up to ₹1,00,000.
- Lead benefit
- 100% of intereston bank loans up to ₹50 lakh, for prompt repayment
- Components
- 2each read from the document
- Who can apply
- 12kinds of applicant
- Closing date
- Seasonalsee “When to apply”
What it pays
The state pays back all the interest on your bank loan of up to ₹50 lakh (after any central interest help), if you repay on time; the loan is collateral-free through a state-paid credit guarantee.
What the document says, word for word
Only "Targeted Progress Partners" get this: people or groups whose project is recommended by a department’s nodal committee and selected by the Apex Body (the Mizoram State Policy Coordination Committee, chaired by the Chief Minister) on merit and available funds (cl. 2.2.1, 6.2, 7(4)). Farmers come in through the Agriculture & Farmers Welfare, Horticulture, Animal Husbandry & Veterinary, Fisheries, Sericulture and other implementing departments (cl. 4.2). Applying does not guarantee support (Form-1 declaration). The loan itself comes through a converged central scheme such as PMEGP, MUDRA or KCC (cl. 3.2.1(4)); "General Progress Partners" who are not selected can take those loans but get no interest reimbursement or guarantee (cl. 2.2.2). The 2026-27 budget speech (para 11) reports the first six-monthly interest subvention as released.
“Full interest subvention on interest payable on bank loans of up to Rs. 50 lakhs through reimbursement of interest to Progress Partners over and above interest subvention claimable from the Central Government under the loan scheme, as incentive for prompt repayment.”In exceptional cases, a Chief Minister’s Special Package grant of up to ₹1,00,000, based on your project report, when you cannot take a loan.
What the document says, word for word
Only "Targeted Progress Partners" get this: people or groups whose project is recommended by a department’s nodal committee and selected by the Apex Body (the Mizoram State Policy Coordination Committee, chaired by the Chief Minister) on merit and available funds (cl. 2.2.1, 6.2, 7(4)). Farmers come in through the Agriculture & Farmers Welfare, Horticulture, Animal Husbandry & Veterinary, Fisheries, Sericulture and other implementing departments (cl. 4.2). Applying does not guarantee support (Form-1 declaration). Applications for the grant are first received and screened by the Chief Minister’s Office (cl. 6.3.2(1)). If you take the grant you cannot use the scheme’s other incentives until that project is complete, and continued non-performance can mean returning the money (cl. 3.2.2(3), (5)).
“This special provision is made for allowing grant of not more than Rs.1 lakh in exceptional case where the Progress Partner is not in a position to avail loans while having a livelihood project that can be significantly boosted by a small grant.”How much can I claim?
Reimbursement of 100% of the interest on bank loans of up to ₹50 lakh, plus collateral-free lending: the state pays into the CGTMSE corpus for MSME loans and pays the credit-guarantee fee for agriculture and allied loans (cl. 3.2.1(1)–(3)).
Only "Targeted Progress Partners" get this: people or groups whose project is recommended by a department’s nodal committee and selected by the Apex Body (the Mizoram State Policy Coordination Committee, chaired by the Chief Minister) on merit and available funds (cl. 2.2.1, 6.2, 7(4)). Farmers come in through the Agriculture & Farmers Welfare, Horticulture, Animal Husbandry & Veterinary, Fisheries, Sericulture and other implementing departments (cl. 4.2). Applying does not guarantee support (Form-1 declaration). The loan itself comes through a converged central scheme such as PMEGP, MUDRA or KCC (cl. 3.2.1(4)); "General Progress Partners" who are not selected can take those loans but get no interest reimbursement or guarantee (cl. 2.2.2). The 2026-27 budget speech (para 11) reports the first six-monthly interest subvention as released.
Who can apply
- Other farmer
- Small or marginal farmer
- SC farmer
- ST farmer
- Woman farmer
- Tenant or sharecropper
- Landless
- FPO
- Self-help group
- Cooperative
- Agri entrepreneur
- Agri startup
Papers you need
- Voter ID (Form-1)
- Registration certificate, for a group or organisation (Form-1)
- EDP/RSETI training certificate, if you have one (Form-1)
How to apply
- Submit your livelihood or business project in Form-1 on the online Handholding Portal, handholding.mizoram.gov.in; a department search team can also help you apply (cl. 6.1).
- The department’s nodal committee screens your project, may interview you, and helps you prepare a detailed project report (cl. 6.2.1–6.2.3).
- The Apex Body makes the final selection; the department then takes you to the bank for the loan (cl. 6.3.1, 7(4)).
- Attend the compulsory orientation training and repay on time — the interest is reimbursed only for prompt repayment (cl. 2.2.1(c), 3.2.3).
Applying is free. Never pay anyone to apply for you.
When to apply
The scheme runs for five years from 19.09.2024 (gazette cl. 2); applications are taken on the portal.
Combining with other schemes
The documents do not say whether this can be combined with other schemes. Ask the implementing office before you count on both.