Kerala Bank Suvidha Loan – How to apply, eligibility


       Kerala state cooperative bank is a scheduled bank in India.It is launched  by pinarayi Vijayan.Its Supreme authority  is general body. It consists  of A class members,ex officials directors,and directors  nominated  by the government. The board of directors has 21 members of whom fifteen are elected  by A class members  of the bank.  

       Its headquarters is in Thiruvananthapuram. It has seven regional offices.kerala bank receives RBI approval. The new kerala bank will be the largest banking network in kerala. A large group of NRI keralites taking an active interest in depositing  their money with kerala bank. 

       Kerala bank introduced a new loan scheme called kerala bank samara  for infrastructure  development  of primary agricultural credit  cooperatives.we will get Rs 5 lakhs loan from kerala bank. It does not need any type of  collateral. This scheme is called KB suvidha plus.

    The main aim of this scheme is to overcome the covid crisis. Those in crisis due to monsoon and covid 19 can apply .Micro ,small,and medium  enterprises  and bus owners in manufacturing, services  and marketing  can apply for this loan. This loan is also available  to buyers of electric  vehicles. It is available for 60 months  at 9% interest rates.  4 % subsidy will be provided  by the government. It is very useful  to all people. Interest rate of this loan is 5% .

Leave a Comment