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Kerala Financial Corporation MSME Loan Moratorium Extension & Loan Restructuring Scheme News Today

  Kerala Financial Corporation MSME Loan Moratorium Extension & Loan Restructuring Scheme News Today Main Points of Kerala State Government Owned Kerala Financial Corporation(KFC) Loan Moratorium Extension & Loan Restructuring Scheme as per RBI guidelines:- 1. KFC declared one year Moratorium on loan to pay principle amount for MSME borrowers 2. Loan restructuring as per RBI Resolution Framework 2.0 3. No account will be classified as NPA (non performing assets) 4. STD Loan Accounts till 31-03-2021 are eligible 5. Last Date to Apply is 30-09-2021 6. No charge, No Additional Interest, No penalties to avail this relief 7. Additional top-up loan as per ECLGS 4.0 Scheme announced by finance ministry government of India. 8. Interest rate lowered 9. Loan Upto 50 lakhs Covered under CMES (Chief Minister's Entrepreneurship Scheme) at ROI of 7% for 5 years 10. Loan above 50 lakhs- inter rate 7% upto 50 lakhs and remaining portion fixed rate of interest as per the rating of the entit

Assam Loan Waiver Scheme Process News Today | Loan Waiver Apply In Assam | Microfinance Loan Waiver

  Assam Loan Waiver Scheme Process News Today | Loan Waiver Apply In Assam | Microfinance Loan Waiver Assam cabinet minister & c hairman of the micro finance waiver committee of the state government Ashok Singhal announced Microfinance Loan Waiver Scheme Eligibility Criteria. Kindly read this short article to understand Loan Waiver Scheme Process as announced by Assam government.  Assam Loan Waiver Scheme Eligibility Criteria to Apply for Microfinance Loan Waiver:- 1. Eligible Women Borrowers Loan Waiver 2. Microfinance Loan Availed till 31-12-2020  3. Income Tax Payers are not eligible 4. Multiple Loans Holding borrowers are not eligible 5. Four wheeler vehicle holding borrowers are not eligible 6. Borrowers having annual income more than 1 lakh Rs are not eligible