Multipurpose Service Centres and Job Clubs MPSC/JC
A bank loan of up to ₹10 lakh, with 25% paid back as a subsidy up to ₹2 lakh, for a group of 2 to 5 people registered at an employment exchange who start an enterprise together.
Last updated on
- Cost to apply
- Free
- Status
- Open
- Run by
- National Employment Service (Kerala), Department of Labour and Skills, through the employment exchanges
What you get
- Bank loan up to ₹10 lakh for a group enterprise
- Subsidy of 25% of the loan, up to ₹2 lakh, paid through the Employment Department
- The loan is covered by a credit guarantee scheme
Who can apply
- New businesses, or people about to start one.
- Nano enterprises.
- Age 21 to 45.
- The most on offer is ₹10 lakh.
- Groups of 2 to 5 members who sign a partnership agreement
- Each member registered at an employment exchange in Kerala
- Aged 21 to 45, with relaxations for SC, ST, OBC and persons with disabilities
- Literate
- Students are not eligible
- Annual family income below ₹1 lakh, per the 2022 Industries Department booklet
How to apply
- Submit the job club application form at your employment exchange at any time of year
- The application is checked and approved the same way as KESRU
- A bank sanctions the loan and the subsidy is paid into it
In person, the employment exchange where you are registered
In Kerala, the employment exchange where you are registered, then a bank or co-operative bank for the loan
Figures you may see elsewhere
The Kannur district page, dated 2020, gives an age band of 21 to 40, relaxed by 5 years for SC, ST and persons with disabilities and 3 years for OBC. The 2022 Industries Department booklet gives 21 to 45, used here.
Worth knowing
Running since 2007 to 2008. No change found for 2026.
Where we found this
- District Employment Exchange, Kannur district website, last updated 14 February 2020 (external site) Official
- Strategy for formation of 1 lakh enterprises in 2022, Booklet 3, popular subsidy schemes, Directorate of Industries and Commerce (external site) Official
- Employment Department, Kerala (external site) Official
An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.