Kerala Enterprises Loan Scheme KGB KELS

What you get

• Term loan, overdraft or composite loan for assets, working capital or marketing needs
• On loans up to ₹10 lakh, the state pays up to 5% of the interest so the owner pays a net 4%, for the first 5 years or until the loan is closed, whichever comes first
• Secured on the assets created with the loan and covered by a CGTMSE guarantee

Who can apply

• Open to businesses in manufacturing, services, trading and food processing.
• Micro, small and medium enterprises.
• Udyam registration is needed. It is free.
• Enterprise must apply through the state KELS portal
• For income-earning non-farm work in manufacturing, processing, trading or services
• Not for consumption or personal needs
• For units set up after 1 April 2022 as shown on their Udyam registration, or for expansion of existing MSMEs

How to apply

1. Register your business on Udyam if you have not already
2. Apply on the state KELS portal and choose your bank
3. Ask your nearest Kerala Grameena Bank branch whether it is lending under the scheme

In person, nearest Kerala Grameena Bank branch

In Kerala, apply on the state KELS portal, then deal with your Kerala Grameena Bank branch. The bank says it has over 635 branches across all districts of Kerala.

Worth knowing

The bank's page for this loan was not available on 5 November 2026, and the loan does not appear in the bank's rate tables. Ask the branch whether it still lends under KELS.

Where we found this

• Kerala Grameena Bank, Kerala Enterprises Loan Scheme (now not found) (external site) Official
• Directorate of Industries and Commerce, Kerala Entrepreneur Loan Scheme (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 Seen something out of date?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.

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