Skip to main content

Kerala Financial Corporation MSME Loan Moratorium Extension & Loan Restructuring Scheme News Today

 

Kerala Financial Corporation MSME Loan Moratorium Extension & Loan Restructuring Scheme News Today


Main Points of Kerala State Government Owned Kerala Financial Corporation(KFC) Loan Moratorium Extension & Loan Restructuring Scheme as per RBI guidelines:-

1. KFC declared one year Moratorium on loan to pay principle amount for MSME borrowers

2. Loan restructuring as per RBI Resolution Framework 2.0

3. No account will be classified as NPA (non performing assets)

4. STD Loan Accounts till 31-03-2021 are eligible

5. Last Date to Apply is 30-09-2021

6. No charge, No Additional Interest, No penalties to avail this relief

7. Additional top-up loan as per ECLGS 4.0 Scheme announced by finance ministry government of India.

8. Interest rate lowered

9. Loan Upto 50 lakhs Covered under CMES (Chief Minister's Entrepreneurship Scheme) at ROI of 7% for 5 years

10. Loan above 50 lakhs- inter rate 7% upto 50 lakhs and remaining portion fixed rate of interest as per the rating of the entity 

11. Loan repayment period upto 10 years

Comments

Popular posts from this blog

List Of Bank & NBFC: Loan Moratorium 3.0 & Loan Restructuring 2.0 Under RBI Resolution Framework 2.0

List Of Bank & NBFC: Loan Moratorium 3.0 & Loan Restructuring 2.0 Under RBI Resolution Framework 2.0 All Bank & NBFC have launched its application process to Apply for Loan Restructuring 2.0 under RBI Resolution Framework 2.0 as announced on 05-05-2021. Under this scheme of RBI Resolution Framework 2.0 all eligible borrowers can avail loan Moratorium Extension & credit card moratorium extension for upto 2 years.  Eligible borrowers can also get one time Loan Restructuring & credit card restructuring for upto 2 years. Arallywood Online Earning Complete Solution Start From:- 2100 Rs. Arallywood India & International Online Payment 👇👇:- Arallywood Service Payment Option :- 1. Bank:- SBI Name:- Arallywood A/C:- 37445232716 IFSC Code:- SBIN0001078 Swift Code:- SBININBB382 Join Arallywood Skill Development & Earning Course (100% Practical) Today. Arallywood Video Creation Useful Tools Links:- Digital Writing Pen:- https://amzn.to/2XZsQbS Audio or Voice Rec...

What Is Loan Restructuring | One Time Loan Restructuring | Restructuring Meaning | Loan Restructure

  What Is Loan Restructuring | One Time Loan Restructuring | Restructuring Meaning | Loan Restructure? Loan Restructuring simply means the remodification of loan terms & conditions to repay your loan emi easily , due to some financial stress . Loan Restructuring is done by using following ways by lenders:- 1. Lenders Modify Loan Terms & Conditions 2. Offered Due To Financial Stress 3. No Defaulter & No NPA 4. Better For Lenders(save provisioning amount) & Borrowers 5. Change In Loan Repayment Period or Tenure 6. Change In Repayable Amount 7. Change In No. Of Installments or EMI 8. Change In Loan Rate Of Interest 9. Lenders may provide additional loan to repay you existing loan 10. Compromise Settlements

Best Payment Gateway In India | CCAvenue Free Payment Gateway | PayU | PayPal | Paytm | Razor Pay

  Best Payment Gateway In India | CCAvenue Free Payment Gateway | PayU | PayPal | Paytm | Razor Pay In this article at Arallywood we have discussed about best online #payment gateway for your website or blog or app to accept online payment. Register Domain To Get Free Payment Gateway :- https://www.arallywoodonline.com These payment #gateway are mostly used in indian online business. Some best payment gateways are #CCAvenue, #PayU, #PayPal #Paytm & #RazorPay. They have some free payment gateway offers depending on your business profile. Contact us to get payment gateway solution. Our contact details:- 022 48931234 (C), 088 10652488 (W), support@arallywood.com