Invest Kerala

Term Loan

To provide hassle free finance for meeting long-term establishing, expansion, modernizing and plant modification requirements of the applicant.
To Partnership, LLP, Private Limited and Public Limited Companies.
Financial Assistance of Rs. 100 Lakhs to Rs. 6,000 Lakhs.
Repayment period of 6 to 10 years, fixed depending on the cashflow.
Moratorium period of 1 to 2 years.
Interest rate of 8.50% to 10.50% (floating, based on internal credit rating mechanism)
Additional 0.5% rebate on prompt repayment of financial assistance.
Security for the loan shall be exclusive/ pari passu charge over the assets of the unit financed.

To provide financial assistance to established Corporate groups for acquisition of assets or/and expansion / modernization / diversifications.
The group company shall be a reputed player in the sector led by a professional and proven management of good reputation.
Existing and new clients with good performance track record can avail the scheme
Sanction is purely based on the strength of the balance sheet & profitability and volume & prospects of the existing business.
Financial Assistance of Rs.200 Lakhs to Rs. 4,000 Lakhs.
Repayment period of 5 to 8 years, fixed depending on the cashflow.
Moratorium period of 6 to 12 months.
Interest rate of 8.50 % to 10.50% (floating, based on internal credit rating mechanism)
Additional 0.5% rebate on prompt repayment of financial assistance.
Security for the loan shall first charge on the existing fixed assets of the company, assets to be acquired, collateral etc. to cover at least 150% of the loan.

To give financial assistance in the form of share capital contribution to public limited entities.
Equity Share Investment up to 26% in select cases.
Preference Share Investment up to 11% in select case. Dividend rate prescribed is the term lending rate.

To give financial assistance to the best of KSIDC assisted units having a minimum of 3 years of association.
The new loan up shall be 50% of the outstanding amount.
Loans shall be offered in the lowest rate in the interest band.
Should have good repayment track record with KSIDC and the accounts must be in standard category.
Has submitted the latest audited/provisional balance sheet.
Processing fee shall be waived.

To provide hassle free finance for enabling environment in the state for MSMEs, Startups and NRKs for working capital & asset creation purposes.
Financial assistance shall be provided to all forms of new and existing entities i.e., proprietorship, partnership, company etc.
Loan assistance of up to 80% of project cost shall be provided.
Lending limits shall be Rs. 100 Lakhs to Rs. 500 Lakhs.
Repayment period of 5 years.
Moratorium period of 1 year.
Interest rate of 5.50 % (floating, after 3% interest subvention from Government).
Additional 0.5% rebate on prompt repayment of financial assistance.
Security for the loan shall be exclusive/ pari passu charge over the assets of the unit financed or collateral security.
Age limit: 18 – 60 years.
Should have a good CIBIL score i.e., above 650.

To provide finance support purchase / discounting of bills arising out of genuine trade transactions made by clients with Government / PSUs.
To Corporate entity or partnership firm with minimum 3 years’ experience related to civil, mechanical & engineering works and other business (excluding trading), duly supported by a certificate from authorized agencies such as PWD, KWA etc.
Work advance and credit / loan together shall not exceed 80% of the value of the contract / purchase limited to Rs. 5 Crore at a time.
Financial Assistance of Rs. 200 Lakhs to Rs. 500 Lakhs.
Interest rate of 10.50% (floating).
The loan will be secured by the personal guarantee of Partners / Directors, necessary agreement / POA with KSIDC, tripartite agreement between Company / firm, purchaser and KSIDC, and irrevocable power of attorney in favour of KSIDC to receive bill amount directly from the work issuing Department / Govt. Undertaking.

To provide financial assistance to existing women entrepreneurs in the manufacturing/service business using industrial machinery/equipment with average turnover of Rs. 10 lakhs and above, for scaling up through expansion, modernization and related diversification.
Assistance shall be given to proprietorship, partnership firms, limited liability partnerships, private limited companies etc. owned and managed by women.
Loan assistance of up to 80% of project cost shall be provided.
Lending limits shall be Rs. 50 Lakhs.
Interest rate of 7.50%.
Tenure of loan shall be limited to a maximum of 5-6 years, including a moratorium up to 6 months from the date of sanction of loan.

To provide seed fund assistance to innovative start-up ventures / potential start ups.
Loan assistance of up to 90% of initial project cost shall be provided.
Lending limits shall be Rs. 25 Lakhs.
Shall be treated as soft loan to the entity.
Soft loan to be repaid within 3 years.
Interest rate of 6.50% (i.e., bank rate as on date of sanction).

For those seed fund assisted start-ups of KSIDC that have successfully completed the product development and have introduced their product in the market, started commercial operations / generating revenues.
Further financial assistance of up to Rs. 50 lakhs for scaling up their business activities, subject to a maximum of 80% of project cost.
Scale up support will be given as a soft loan for a period of 3 years.
Interest rate of 7.00%.

Start-ups that wish to avail assistance from KSIDC can call our Startup Cell helpline number (Ph:0484-2323010) or you can meet the single point contact (Sarath K, BDE, KSIDC) or email us your business plan to startup@ksidcmail.org
The applicant will be contacted and guided for submission of the application offline/online
Online application can be submitted at https://ksidcapplications.kerala.gov.in/managementKsidc/loginNow
On receipt of the proposal, KSIDC will interact with the applicant/company
Once the application is submitted, a preliminary evaluation by the Start up Team will be undertaken.
The proposal is then placed before the Committee entrusted for evaluation and applicants shall be invited to present their proposal before the committee for final approval.