New scheme for new professional by government

Which professions are given loans?:

Fruit , Vegetable, Poultry and Fish Sale Fresh Water, Sugarcane Milk, Soft Drink Sale, Bakery, Laundry, Dry Cleaning, Hair Dressing Salon, Beauty Parlour, Water Wash Service, Puncture Shop, Mechanic Shop, Two Wheeler Tricycle Repair,

Electrical, Electronic Repair, refrigerator motorLoan and subsidy facility will be provided to those engaged in ravending work, bidari ware work, silk reeling and testing, puppet making.

Brief Description of Vocational Encouragement Loan Scheme 2023 :


Name of the scheme : Vrithi prothsaha Loan Yojana

Amount of Subsidy: Rs 1 lakh loan with 50% subsidy

Age of Applicant : 18 to 55 years Name of Corporation : Karnataka Minorities Development Corporation Board

Application Mode : Online

Official Website :

Click here to apply online:

Last Date to Apply: Sep 25, 2023


Eligible Mentions to Apply for Career Incentive Loan Scheme 2023 :


The Karnataka Minority Development Corporation is providing loan and subsidy facility to Muslims, Christians, Jains, Buddhists, Sikhs and Parsis belonging to the minority community under the Career Promotion Scheme for the year 2023-24.


Applicants must be permanent residents of the state.


Applicants should be between 18 to 55 years of age.


Preference will be given to women belonging to minority communities.


Applicant should not have availed loan facility from any other corporation.


Documents Required for Vocational Incentive Loan Scheme:


Project report

Caste certificate

Income certificate

Copy of Aadhaar Card

Copy of Bank Pass Book

Self declaration of guarantor

Self declaration letter


Eligible candidates can check the above mentioned details and apply online through the official website along with necessary documents


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