KSMDFC Self Employment Scheme for Minorities, NMDFC Credit Lines 1 and 2
Self-employment loans from the national minorities finance corporation, through KSMDFC, up to ₹20 lakh at 6% or ₹30 lakh at 6% to 8%, for farming, fishing, cottage industry, trades, small business, transport and professional services.
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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 the National Minorities Development and Finance Corporation (NMDFC)
What you get
- Credit Line 1, up to ₹20 lakh at 6%
- Credit Line 2, up to ₹30 lakh at 6% for women and 8% for men
- Loan covers up to 95% of the project cost
- Six month moratorium, then repay over 60 months
- No upfront contribution is collected
Who can apply
- Micro and small enterprises.
- Only for minority communities.
- Age 18 to 56.
- The most on offer is ₹30 lakh.
- Muslim, Christian, Sikh, Buddhist, Parsi or Jain community
- Aged 18 to 56
- Credit Line 1 for annual family income up to ₹98,000 in rural areas or ₹1.2 lakh in urban areas
- Credit Line 2 for annual family income up to ₹6 lakh
- Security is either property, checked by the corporation's advocate panel, or the salary certificate of a permanent government, public sector, local body, university, co-operative bank or aided school or college employee.
How to apply
- Download the application form for the scheme from the KSMDFC website or collect it from an office
- Submit it with the documents asked for
- Attend the interview and document check
- Provide property security or a government employee's salary certificate as surety, then sign the agreement
In person, KSMDFC head office or the nearest regional office
In Kerala, KSMDFC head office in Kozhikode and regional offices in Kasaragod, Perinthalmanna (Malappuram), Tanur, Kalamassery (Ernakulam), Kottayam, Alappuzha and Thiruvananthapuram
Head office
Figures you may see elsewhere
KSMDFC's page gives income limits of ₹98,000 or ₹1.2 lakh for Credit Line 1 and ₹6 lakh for Credit Line 2. KSBCDC and KSWDC, which lend the same NMDFC money, now use ₹3 lakh and ₹8 lakh. KSMDFC's figures may be out of date.
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.