Self-employment and education loan

Karnataka Arya Vysya Community Development Corporation (KACDC) has invited applications from its community members to avail loan for the year 2020-21. Self-employment loan will be given to start small trade and businesses. Applicants should be a resident of Karnataka with a permanent address in the State. The annual income of applicants (Arya Vysya community members living in urban and rural areas) should be within Rs. 3 lakh and in the age group of 18 to 45 years. Under ‘Arivu’ education loan scheme, loan will be given to the candidates selected for engineering, medical, dental and other such professional and post-graduate courses and having been selected through CET/ NEET. Candidates pursuing Ph.D are also eligible for education loan. However, the family annual income should be less than Rs. 6 lakh and should be in the age group of 18 to 35 years. There will be reservation of 33 percent for women and 5 percent for specially-abled candidates. Interested loan applicants have been advised to apply online. For further details, contact Mob: 94484-51111.