Self-employment and Education loan facility

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. The annual income of applicants of 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 medicine, dental, professional courses or post-graduate courses and should have been selected through CET/ NEET. Even the 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. Those interested to avail loan must apply online with all details before Nov. 15.