GOVERNMENT OF KARNATAKA
Interest subsidy for Kayaka scheme
Budget Provision: Rs.1000.00 lakhs
Pattern of assistance: Subsidy
Objective of the Scheme:
Under this loan upto a maximum of Rs.10 lakh under this scheme for self help groups on cluster model or individually. Under Kayaka scheme, zero interest rate for loan upto Rs.5 lakh and 4% interest for loan between Rs.5 lakh to Rs.10 lakh is fixed.
Estimated benefit :
New scheme called ‘Kayaka’ is implemented to enhance skill development and entrepreneurship quality in self help groups to encourage taking up self employment to increase their income.
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Interest subsidy for Kayaka scheme
Budget Provision: Rs.1000.00 lakhs
Pattern of assistance: Subsidy
Objective of the Scheme:
Under this loan upto a maximum of Rs.10 lakh under this scheme for self help groups on cluster model or individually. Under Kayaka scheme, zero interest rate for loan upto Rs.5 lakh and 4% interest for loan between Rs.5 lakh to Rs.10 lakh is fixed.
Estimated benefit :
New scheme called ‘Kayaka’ is implemented to enhance skill development and entrepreneurship quality in self help groups to encourage taking up self employment to increase their income.
Click here for more details