KSMDFC Micro Finance through NGOs, NMDFC lines
Small loans of up to ₹1 lakh to ₹1.5 lakh per member for minority community self-help group members, lent through NGOs with a track record in micro credit.
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- Cost to apply
- No application fee is mentioned on the scheme page
- Status
- Open
- Run by
- Kerala State Minorities Development Finance Corporation (KSMDFC), funded by NMDFC
What you get
- Credit Line 1, up to ₹1 lakh per member and ₹20 lakh per group of 20
- Credit Line 2, up to ₹1.5 lakh per member and ₹30 lakh per group
- Members repay over 3 years after a 3 month moratorium
- NGOs borrow at 2% under Credit Line 1, and at 3% for women or 5% for men under Credit Line 2
Who can apply
- Nano enterprises.
- Only for minority communities.
- The most on offer is ₹1.5 lakh.
- Muslim, Christian, Sikh, Buddhist, Parsi or Jain community
- Member of a self-help group linked to an NGO that borrows from KSMDFC
- Credit Line 1 for annual family income up to ₹98,000 in rural areas or ₹1.2 lakh in urban areas, Credit Line 2 up to ₹6 lakh
- The NGO must be registered for at least 3 years, with audited accounts and at least 90% recovery
Where to apply
In person, through an NGO that works with KSMDFC
In Kerala, KSMDFC head office in Kozhikode and regional offices in Kasaragod, Perinthalmanna (Malappuram), Tanur, Kalamassery (Ernakulam), Kottayam, Alappuzha and Thiruvananthapuram
Worth knowing
Listed on the KSMDFC programmes page, read on 5 November 2026.
Where we found this
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 Seen something out of date?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.