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Government of India | Ministry of Ports, Shipping & Waterways

SMFCL — Release of Interest Subvention (Release Flow Step 3)

Review validated claim and authorize fund release to borrower's loan account

Borrower
M/s Indian Shipbuilders Pvt. Ltd.
Account No.
SBIN00123456789
Bank / Branch
SBI — Nhava Sheva
IFSC Code
SBIN0001234
Claim No.
3rd Claim (IIF-CLM-2026-00003)
Last Release Date
15 Jan 2026
Last Release Amt.
Rs. 187.50 Lakhs
Cumulative Released
Rs. 375.00 Lakhs

Present Claim — Computation & Recommendation

Amount of Interest Debited (Lakhs)
265.63
EMI Paid by Borrower (Lakhs)
265.63
Calculated Amount of Interest Subvention (Lakhs)
93.75
Amount Recommended against IIF (Lakhs)

Pre-Release Verification Checklist

Internal Approval Note