Kerala Financial Corporation announces new loan scheme for agro industries

Jul 29, 2022 | by TeamLease RegTech Legal Research Team

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Finance & Taxation Compliance

The Kerala Financial Corporation (KFC) owned by Government of Kerala on July 29, 2022 has announced a new loan scheme to help and enhance the agro industries.

Loans will be provided to agro-based small and medium industrial units, dairy and animal husbandry-related industries, agro-based start-ups, processing/marketing/trading of agro-based products, food processing units, warehouses, go-downs, cold storages, agro-based infrastructure development projects and also provided to all the financial needs including establishment of new units, renovation of existing units, purchase of machinery, working capital needs etc.

Kerala Financial Corporation (KFC) has announced a 50% discount on processing fees on loans.


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