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Technology and Quality Upgradation (TEQUP) Scheme

Discover the TEQUP Scheme by Bank of Baroda - A technology and quality upgradation initiative designed to empower . Learn about TEQUP subsidy, benefits & how this scheme fosters technology upgradation for enhanced growth!

Facility amountGovernment support is 25% of project cost for approved Energy Efficient Technologies, with a maximum of ₹10 lakh per project. This is scheme support, not a published loan ceiling.RateNot published on the reviewed TEQUP page. The page describes Government project-cost support and does not publish an underlying loan interest rate or benchmark.Customer typeEligible micro, small and medium enterprises
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Quick eligibility check

Technology and Quality Upgradation (TEQUP) Scheme

0 of 6 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: MSMEs implementing approved energy-efficient technology projects under the Ministry of MSME's TEQUP component of the National Manufacturing Competitiveness Programme?

Published source: Eligible MSME energy projects

2Do you meet this requirement: Bank of Baroda is a nominated implementing agency?

Published source: Eligible MSME energy projects

3Do you meet this requirement: The scheme description requires an approved Detailed Project Report (DPR)?

Published source: Documents

4Do you meet this requirement: Eligible micro, small and medium enterprises?

Published source: Customer type

5Document checkDo you have this required document or proof: Approved Detailed Project Report (DPR)?

Published source: Documents

6Document checkDo you have this required document or proof: no broader application-document checklist is published on the reviewed page?

Published source: Documents
0 of 6 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Technology and Quality Upgradation TEQUP Scheme official product banner
Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Eligible MSME energy projectsMSMEs implementing approved energy-efficient technology projects under the Ministry of MSME's TEQUP component of the National Manufacturing Competitiveness Programme; Bank of Baroda is a nominated implementing agency.View source
The official page identifies TEQUP, NMCP, and Bank of Baroda's implementing-agency role.
Source
Technology and Quality Upgradation (TEQUP) Scheme
Page / section
Overview
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Energy-efficient technologyUpgrade manufacturing processes through Energy Efficient Technologies that achieve minimum 15% energy savings, according to an approved Detailed Project Report.View source
The official description states the 15% minimum energy-saving threshold and DPR basis.
Source
Technology and Quality Upgradation (TEQUP) Scheme
Page / section
Overview
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Government financial supportUp to 25% of project cost, capped at ₹10 lakh per project.View source
The official page publishes the 25% support rate and ₹10 lakh cap.
Source
Technology and Quality Upgradation (TEQUP) Scheme
Page / section
Overview — Government support
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Programme basisImplemented under the Ministry of MSME's TEQUP support component; eligibility and assistance follow the approved DPR and applicable programme guidelines.View source
The official page identifies the Ministry programme and approved-DPR basis.
Source
Technology and Quality Upgradation (TEQUP) Scheme
Page / section
Overview
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Turnover / vintageThe scheme is for Indian MSMEs implementing approved energy-efficient technology projects; no turnover amount or business-vintage threshold is published.View source
The page identifies , approved Detailed Project Reports and energy-efficient technology, but gives no turnover or operating-age threshold.
Source
Technology and Quality Upgradation (TEQUP) Scheme — official Bank of Baroda page
Page / section
Scheme description
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Facility amountGovernment support is 25% of project cost for approved Energy Efficient Technologies, with a maximum of ₹10 lakh per project. This is scheme support, not a published loan ceiling.View source
The official page states 25% of project cost, subject to a maximum of ₹10 lakh per project.
Source
Technology and Quality Upgradation (TEQUP) Scheme — official Bank of Baroda page
Page / section
Scheme description
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
RateNot published on the reviewed TEQUP page. The page describes Government project-cost support and does not publish an underlying loan interest rate or benchmark.View source
No benchmark, spread or borrower lending rate appears on the complete page.
Source
Technology and Quality Upgradation (TEQUP) Scheme — official Bank of Baroda page
Page / section
Scheme description
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
DocumentsThe scheme description requires an approved Detailed Project Report (DPR); no broader application-document checklist is published on the reviewed page.View source
The page states that support is for projects as per an approved Detailed Project Report; it supplies no other document checklist.
Source
Technology and Quality Upgradation (TEQUP) Scheme — official Bank of Baroda page
Page / section
Scheme description
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsThe scheme is presented for Indian MSMEs under a Ministry of MSME programme; no state, branch or territorial restriction is published.View source
The page identifies Indian and the Ministry of and gives no narrower territorial condition.
Source
Technology and Quality Upgradation (TEQUP) Scheme — official Bank of Baroda page
Page / section
Scheme description
Accessed
30 Aug 2026
Confidence
medium
Open official source ↗
Customer typeEligible micro, small and medium enterprisesView source
The manually reviewed product record states: “Eligible micro, small and medium enterprises”.
Source
Technology and Quality Upgradation (TEQUP) Scheme — official product page
Page / section
Published product metadata
Accessed
15 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Upgrade manufacturing processes through Energy Efficient Technologies that achieve minimum 15% energy savings, according to an approved Detailed Project Report.

Eligibility

  • implementing approved energy-efficient technology projects under the Ministry of TEQUP component of the National Manufacturing Competitiveness Programme
  • Bank of Baroda is a nominated implementing agency.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Approved Detailed Project Report (DPR)

Plan before applying

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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