Direct Loans For Business Enterprise
✓ Information verified — June 2026Direct Loans For Business Enterprise Scheme is implemented by Karnataka Minorities Development Corporation Limited. Under this scheme, loans will be provided to eligible entrepreneurs to start or expand their businesses by mortgaging property (building or land).
What You Get
- Direct loan assistance to start a new business
- Loans to expand existing businesses
- Collateral-based lending using property (building or land) as mortgage
- Access to credit for minority entrepreneurs
Who Can Apply
- Age: 18–55 years
- Residence: Karnataka residents only
- Must be a member of a recognized minority community
- Should be an entrepreneur or aspiring business owner
- Must have property (building or land) to pledge as collateral
- Must be a resident of Karnataka
- Should meet the income and creditworthiness criteria set by the Corporation
Documents Needed
0/6 collected
- 1. Aadhaar Card
- 2. Income Certificate
- 3. Bank Passbook
- 4. Property Deed
- 5. Business Plan
- 6. Identification Proof
How to Apply
- 1Check your eligibility criteria above
- 2Gather all required documents listed below
- 3Visit the official portal (linked below)
- 4Fill the application form online / offline
- 5Submit the form and note your application reference number
- 6Track status on the official portal or visit nearest CSC
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Quick Facts
- Scheme Level
- Karnataka
- Category
- Employment
- Target Gender
- All genders
- Age Group
- 18–55 years
- Application
- Check portal
- Last Updated
- 14 Jun 2026
Official Source
Last Verified
14 June 2026
Official Portal
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