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Vikas Abhaya loan scheme launched by KVG Bank

Karnataka Vikas Gramin (KVG) Bank

  • Karnataka Vikas Grameena bank (KVG Bank) has launched Vikas Abhaya Scheme to support Micro , Small and Medium Enterprises (MSMEs) in India that have been affected due to ongoing COVID-19 pandemic.
  • The loan will be for the existing MSME customers who have been regular as on February 29. A maximum loan of up to 1 lakh will be provided and no collateral security will be insisted upon. The loan is repayable within 36 months,