Today I am going to tell you about a Pravasi loan from Kerala state minorities Development Finance Corporation. This loans are getting NRI ‘s return from abroad. Pravasi’s are the backbone of our country.
But in the time of this covit19, a lot of pravasi’s are losing their jobs. There are a lot of pravasi friends who have a hard time figuring out what to do next. But this is an information that will benefit them greatly.
There are a lot of pravasi’s who want to start a business. But they will not have the money for it. But this is a video that will greatly benefit such people. This is a scheme of our government which provides loans upto Rs 10 lakhs.
Let us see how this amount is received. First search the KSMDFC in the Google.Click the kerala state minority development finance Corporation. Click the ‘programmes’ button.We can see about many schemes. This is a loan for a minority of returnees from abroad.
- Applicant must be in minority community (muslims,X’ans,Sikhs,parcis,buddha,jain).
- Age limit – 18-58 yrs.
- Applicant should be returned by exit after 2013.
- Annual family income must be below 103000
- Passport and Visa particulars of the applicant
The interest rate on this loan is 5%.Repayment period is 84 months. For purchasing vehicles 90 percentage of price of vehicle as giving loan amount. If you have any doubt please search the KSMDFC website.