NORKA Department Project for Rehabilitation of Return Emigrants (NDPREM) – Kerala State Cooperative Agricultural and Rural Development Bank

NORKA Department Project for Rehabilitation of Return Emigrants (NDPREM) is implemented by Government of Kerala
KSCARD Bank and NORKA Roots has entered into an Memorandum of understanding to provide finance through the affiliated PCARDBs to the applicants subject to the terms and conditions including security norms of our Bank under Farm and Non Farm sector (excluding housing).
Selection of beneficiaries will be done by the NORKA ROOTS after conducting orientation & training camps for those who register under NDPREM scheme .
As per the scheme, the NORKA ROOTS provides a capital subsidy up to 15% of the project cost limited to a maximum of Rs.3.00 lakhs and an interest subsidy of 3% up to 4 years to those customers who are prompt in repayment .