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 : kmdc.karnataka.gov.in/
Click here to apply online: kmdconline.karnataka.gov.in
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:
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