Mysore/Mysuru: The Karnataka Arya Vysya Community Development Corporation (KAVCDC) has invited online applications from Arya Vysya community members to avail loans under various Government Schemes for the year 2022-23.
Self-employment loan scheme: To avail loan under this scheme, community members must be aged between 18 and 45 years. They must be permanent residents of Karnataka. The annual income of the candidates residing in rural and urban areas should not exceed more than Rs. 3 lakh. 20 percent of the amount will be given as financial assistance while the remaining 80 percent of the amount as loan with 4 percent interest. The Aadhaar number of the applicants must be linked to their bank accounts.
