The Non-Resident Keralites Affairs (NORKA) is a department of the Government of Kerala was formed to redress the grievances of Non-Resident Keralites. NORKA was formed in an attempt to strengthen the relationship between the NRKs and the Government. It is the first of its kind formed in any Indian States
NORKA department has introduced a loan scheme for return emigrants. Candidates who have a minimum of 2 years of work experience abroad can apply for this loan. They need to submit their experience certificate.
The maximum loan amount provided by the government is 20 lacks with 15% subsidy. The subsidy amount of 3 lakhs will be provided by the government only if the loan holder doesn’t have any loan dues. At the time of repayment, an interest rate of 3% has to be paid.
The government provides the loan amount to the following fields, ie, Agriculture, Trade, Services, Production. In agriculture area business like Poultry farming, dairy farming, fish farming, dairy products, integrated farming, farm tourism, sheep farming, food processing, bee farming, floriculture, vegetable crops, etc. Trade includes, public trade ie both buying and selling of products. Services include shops like, repair shops, restaurants, etc. and also Taxi services, homestay, etc. Production includes small and medium enterprises like pulses, Bakery products, sandalwood, Furniture and wood industry, Saloons, Paper Cups, paper recycling, computer parts, etc.
The Eligibility to apply for this loan is a minimum of 2 years of working experience in abroad and the candidates will be in the age group of 18-65 years.
You can apply for this loan online through this link: http://registernorka.net/ndprem/
The following documents are needed to apply for this post.
A passport size photo( It should be in JPG format)
Project report of the business (pdf format)
A copy of the passport showing your visa details(pdf format)
To apply for this post, first, you need to login to the official website by clicking through this link http://registernorka.net/ndprem/ After that fill all details and click on the submit button.