FAQ
It is a company registered under Indian Companies Act 1956 and established in 1972. It functions as a financial enterprises exclusively for SC and ST extending self employment & social welfare loans at low rate of interest for the socio-economic upliftment of the downtrodden SC/ST communities in the State of Kerala.
Yes
Self employment business/industrial / Agro based schemes & social welfare schemes.
KSDC for SC/ST Ltd differs in the following points:
Comparison of Interest Rates
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Comparison of Monthly Repayment Installments - 1
For eg: Mahila Samridhi Loan of Rs 25,000/-
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Comparison of Monthly Repayment Installments - 2
For eg: Self Employment Loan of Rs 50,000/-
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Should Belong to SC Caste, ST Caste, who satisfy Age criteria and income criteria.
Eligible person can apply for the assistance in freely available application form.
The interest up to the repayment is to be paid as the calculation is in diminishing method. If no penal interest is charged in the loan account 5% of the total interest charged will be waived as bon us.
1. Upto Rs. 1 Lakh - Application will be given at ANY TIME
2. Loans above 1 lakh - Applications will be considered only against special notifications.
The application shall be submitted in the prescribed form to the respective Regional Managers with the project report.
SC ST youth whose income is upto double the poverty line are eligible for Assistance.
1) Repayment can be made directly to the respective Regional Office.
2) Repayment through Demand drafts drawn in favour of the Regional Manager. The loan account number should be mentioned on the overleaf of the DD.
3) Repayment can also be made through Money orders.
The beneficiaries of self employment loan who are below the poverty line and have not availed subsidy from the Government are eligible for subsidy and that too subject to the availability of SCP fund from the Government.
Subsidy is available only for Self Employment Loan.
No, All the types of assistance will be given against sufficient surety.
Usually no such instance. But based on Govt. orders concessions will be given.
You may contact us over phone and in the address given in the Contact Us Page.