loan

raghavendra (Querist) 21 December 2010 This query is : Resolved
sir
sir, i want to take loan under KVIC scheme in uttarkannada district ,can anybody give me an information regarding this ,

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Y V Vishweshwar Rao (Expert) 21 December 2010
Loan under a Scheme - the Bank from which you want avail the loan - will give all details / information on the said loan .

malipeddi jaggarao (Expert) 23 December 2010
You contact the District Industries Centre. They will conduct small interview and if you have requisite qualifications/parameters, they will obtain your application, prepare the project report. Later they will sponsor to the Branch of a Bank which is nearer to your locality. Bank will scrutinize the application, verify the details, study the viability of project and then sanction the loan. You will get margin money/subsidy from District Industries Centre. This is the procedure in general. In practice, first you contact the bank, if they agree prima facie, you initiate the process.

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