Call Us

Toll Free

  1. Home
  2. Personal Banking
  3. Kerala Enterprises Loan Scheme

Kerala Enterprises Loan Scheme - Special Loan Scheme to MSME sector in Kerala with Government support.

Purpose Eligibility Government Assistance Security Interest Rates & Charges

Purpose

  • Need based term loans/OD limit/composite loan to eligible borrowers for acquiring Capital Assets and /or Working Capital/marketing related requirements.
  • The loans are provided for income generating small business activity in manufacturing, processing and service sector or trading. The Project Cost is decided based on business plan and the investment proposed.
  • The loan is not for consumption/personal needs.
Apply Now

Eligibility

  • The enterprises selected/applied for loan through Government of Kerala Enterprises Portal for undertaking non-farm income generating activity such as manufacturing, processing, trading or service sector.
  • The applicant should have obtained Udyog Adhar Number for which the Date of Commencement of Operation should be after 01.04.2022.
  • Udyam Registration Certificate is made mandatory.
Apply Now

Government Assistance

  • For loan amount up to Rs.10 lakh- maximum of 5% to make the net interest rate at 4%. The Interest Subvention will be provided for the first five year loan period or the loan closure whichever is earlier.
  • Interest subvention is available only to new units for which the Date of Commencement of Operation is after 01.04.2022 as Udyam Registration Certificate.
Apply Now

Security

  • First charge on all assets created out of the loan extended to the borrower and the assets which are directly associated with the business/project for which credit has been extended & CGTMSE coverage.
Apply Now

Interest Rates & Charges

Apply Now
  • Need based term loans/OD limit/composite loan to eligible borrowers for acquiring Capital Assets and /or Working Capital/marketing related requirements.
  • The loans are provided for income generating small business activity in manufacturing, processing and service sector or trading. The Project Cost is decided based on business plan and the investment proposed.
  • The loan is not for consumption/personal needs.
Apply Now
  • The enterprises selected/applied for loan through Government of Kerala Enterprises Portal for undertaking non-farm income generating activity such as manufacturing, processing, trading or service sector.
  • The applicant should have obtained Udyog Adhar Number for which the Date of Commencement of Operation should be after 01.04.2022.
  • Udyam Registration Certificate is made mandatory.
Apply Now
  • For loan amount up to Rs.10 lakh- maximum of 5% to make the net interest rate at 4%. The Interest Subvention will be provided for the first five year loan period or the loan closure whichever is earlier.
  • Interest subvention is available only to new units for which the Date of Commencement of Operation is after 01.04.2022 as Udyam Registration Certificate.
Apply Now
  • First charge on all assets created out of the loan extended to the borrower and the assets which are directly associated with the business/project for which credit has been extended & CGTMSE coverage.
Apply Now
Apply Now

OUR KEY PRODUCTS

Know More

RECURRING DEPOSIT

Know More

GOLD LOAN

Know More

RECURRING DEPOSIT

Know More

GOLD LOAN

Know More

AGRICULTURE LOAN

Know More

VEHICLE LOAN

RATES AND CHARGES

CUSTOMER RELATIONSHIP

USEFUL LINKS

MEDIA CENTER

RATES AND CHARGES

CUSTOMER RELATIONSHIP

USEFUL LINKS

MEDIA CENTER

Get Latest Updates

SUBSCRIBE US

630+

Branches

10,500+

Networked ATMs

3500+

Employees

90,00,000+

Happy Customers

© 2021 Kerala Gramin Bank.    All Rights Reserved.
IPv6 Enabled | Privacy Policy
Powered by : SRV InfoTech