For Micro, Small and Medium Enterprises (MSME) Loan Schemes of Kerala Bank

KB YUVAMITHRA – MSME LOAN

This loan scheme is aimed at increasing the job opportunities & income of young entrepreneurs. This scheme will help in ensuring financial security of youth engaged in micro, small & medium enterprises in manufacturing / services. Trading sectors.
Quantum of Finance For companies maximum 1crore.
For individuals maximum of Rs. 40 lakh
Repayment period
  • Maximum period of 84 months
Eligibility
  • All entrepreneurs below 35 years engaged in the Manufacturing/ Services/ Trading activity, eligible to be classified under MSME. SHG / JLG formed by members below 35 years also eligible.
Nature of Facility Term Loan and / or Working capital or both (Fund Based and Non-Fund Based)

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