Pravasi Bhadratha MEGA
A KSIDC loan of ₹25 lakh to ₹2 crore for larger enterprises by returned emigrants and NRK investors, with NORKA paying part of the interest for four years.
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- Cost to apply
- No application fee is mentioned on the official pages
- Status
- Status unclear
- Run by
- NORKA Roots, implemented by KSIDC
What you get
- KSIDC loan of ₹25 lakh to ₹2 crore per enterprise
- KSIDC charges 8.25% to 8.75% interest, and NORKA Roots pays an interest incentive of 3.25% to 3.75% for the first four years
- The interest incentive is paid every quarter if repayments are on time
Who can apply
- Small and medium enterprises.
- Only for returnees from abroad.
- The most on offer is ₹2 crore.
- Returned non-resident Keralites and NRK investors, including those returning from other Indian states
- KSIDC processes the loan under its own lending rules
How to apply
- Ask KSIDC for the application form
- KSIDC appraises and sanctions the loan
- KSIDC sends the interest incentive claim to NORKA Roots each quarter
In person, KSIDC, which processes the loan and forwards the interest claim to NORKA Roots
In Kerala, Kerala State Industrial Development Corporation (KSIDC)
Head office
Worth knowing
Terms come from a 2021 official page. The interest rates quoted were KSIDC's rates in 2021 and may have changed. We have not seen a 2026 notice, so check with NORKA Roots.
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 Seen something out of date?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.