NORKA NDPREM Business Subsidy for Returned Emigrants (Kerala)

Open all year NORKA Roots, Department of Non-Resident Keralites Affairs, Government of Kerala Kerala

Subsidy

15% capital subsidy, up to ₹3 lakh. Plus 3% interest subsidy for timely repayment.

What it funds: Capital and interest subsidy for Keralites back from abroad who start a business
Who can apply: Keralite who returned after 2 or more years abroad
Groups of returned emigrants may also apply
Project up to ₹30 lakh, with a partner lender loan
When you can apply: Open all year
How to apply: Register under NDPREM on the NORKA Roots site. The district office screens and refers you to a lender.
Best for: Idea, Early revenue stage
Run by: State governments

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