Pravasi Bhadratha MICRO (NORKA, KSFE and Kerala Bank micro enterprise assistance) Pravasi Bhadratha MICRO
A loan of up to ₹5 lakh from KSFE or Kerala Bank for a returned emigrant setting up or improving a micro or small enterprise, with a NORKA capital subsidy and interest subsidy.
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- Cost to apply
- No application fee is mentioned on the official pages
- Status
- Open
- Run by
- NORKA Roots, with Kerala State Financial Enterprises (KSFE) and Kerala Bank
What you get
- Loan up to ₹5 lakh
- Capital subsidy of 25% of the loan, up to ₹1 lakh, paid by NORKA
- Interest subsidy of 3% for the first four years for prompt repayment
- At Kerala Bank the subsidy sits as an interest-free deposit, so no interest is charged on that part of the loan
- At Kerala Bank the loan can be a term loan up to 80% of the project cost, working capital up to 20% of expected yearly turnover, or both
Who can apply
- Micro and small enterprises.
- Only for returnees from abroad.
- Age 18 or over.
- The most on offer is ₹5 lakh.
- Returned non-resident Keralite identified or recommended by NORKA Roots
- At Kerala Bank the loan must be fully repaid before the borrower turns 60
- At Kerala Bank the capital subsidy is credited only if the business stays running for 3 years from sanction, and the loan should not be closed before then
- Term loans run for up to 60 months
How to apply
- Apply at a KSFE or Kerala Bank branch
- The branch refers the application to NORKA Roots
- NORKA Roots sends a recommendation letter back to the branch, which then sanctions the loan
In person, a KSFE branch or a Kerala Bank branch
In Kerala, KSFE branches, or Kerala Bank branches under the KB Pravasi Bhadratha MSME loan
Worth knowing
Kerala Bank still lists the KB Pravasi Bhadratha MSME loan on its official site in November 2026. News in 2025 reported ₹377.95 crore disbursed under MICRO through KSFE and Kerala Bank.
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 Seen something out of date?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.