Kerala Covid Loan : How to apply

Kerala Covid Loan
Kerala Covid Loan
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Kerala Covid Loan : There are lot of people who have lost their jobs due to lockdowns. Therefore, the number of people affected by the financial crisis is not small. However, the Central and State Governments have announced a number of schemes to help those in need. In addition, the distribution of free food kits from the state government every month and the distribution of rice from the central government are a handful, but often such benefits are less accessible to the general public. But here is a plan to get financial assistance of up to Rs 2 lakh from the state government for women from such financially distressed families.

The scheme, which was officially announced on the 12th of June, will benefit women who are also part of Kudumbasree. The loan assistance is available at the rate of Rs. 2 lakhs per member of Kudumbasree. It is said that the government will bear 9% of the interest on the loan. The loan repayment period is three years. The first qualification to be a part of the scheme is that the woman applying should also be a member of Kudumbasree. Only women residing in Kerala can apply for the scheme.

Important documents required to apply are a copy showing the bank details of the applicant, proof of residential address and ID proof required to prove membership in Kudumbasree. As it is a project in collaboration with Kudumbasree, applications should be submitted through the official website of Kudumbasree. The application can be submitted by filling up the form in this manner. Learn more about this scheme through Kudumbasree.

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