KSMDFC Pravasi Loan Scheme for returned emigrants Pravasi Loan
A self-employment loan of up to ₹10 lakh at 5% for minority community members who have returned from abroad to settle in Kerala, if they apply within a year of return.
Last updated on
- Cost to apply
- No application fee is mentioned on the scheme page
- Status
- Open
- Run by
- Kerala State Minorities Development Finance Corporation (KSMDFC)
What you get
- Loan up to ₹10 lakh at 5%
- One month moratorium, then repay over 84 months
- No upfront contribution is collected
Who can apply
- New businesses, or people about to start one.
- Micro enterprises.
- Only for minority communities and returnees from abroad.
- Age 18 to 58.
- The most on offer is ₹10 lakh.
- Muslim, Christian, Sikh, Buddhist, Parsi or Jain community
- Returned from a foreign country to settle in Kerala and start self-employment
- Apply within one year of return, shown by the exit visa
- Aged 18 to 58
- Annual family income up to ₹8 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
Documents to keep ready
- Pravasi or Visa loan application form (₹10)
- Passport with exit visa
- Aadhaar
- Ration card
- Security documents, either property papers with 14 year encumbrance certificate, possession and valuation certificates from the village office, or a salary certificate of the surety
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 Seen something out of date?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.