Kerala government Employment Exchange interest free loan .Interest free loan of upto Rs. 50,000 is given for starting self-employment ventures, out of which 50% is re-imbursed as Government subsidy.
This article describes the Government of Kerala’s interest free loan scheme of up to Rs. 50,000 / – to start a small business.The Government of Kerala will provide interest free loans up to Rs. 50,000 / – to young men and women who want to start a new small business.
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We will get this loan for starting individual and group ventures. This project is being implemented through the Employment Exchange under the Government of Kerala. Anyone who is registered with the Employment Exchange can apply for this loan.But if you do not get unemployment pay then you can apply for this loan with the free application form and other educational income documents that we have registered with the Employment Exchange.
Although the scheme is intended for individual enterprises, it also allows more than one entrepreneur to start a joint venture. Each individual in this joint venture will receive the maximum loan and its subsidy.
