KMDC Loan Online Application 2023 – The Karnataka Minorities Development Corporation of India offers a variety of loans to citizens for their respective needs in Karnataka at a very subsidized rates . For individuals and those who are students who want to start their own business or want personal loan or loan for their different needs can be apply for loan from KMDC Loan Online Management system. KMDC Loan application can be done online on the official KMDC Portal and repayment can also be done through the same portal.
How you can apply for KMDC Loan Online and how you can track your KMDC Loan online application and what would be the KMDC Loan interest all information has been discussed in this article below.
KMDC Loan Online Application Online 2023
KMDC is a Karnataka Government regulated organisation which overs you student loans , education loan , women empowerment loans , business loans , small credit loans to students, self employment schemes and many more credit facilities for the young to start their own business or run their life smoothly.
KMDC funding is done by Karnataka government and the platform offers online application of loans and other credit facilities where tracking of loans can be done online without any special access .
The platform streamlines availability of credit to the students and those who want to pursue higher education.
Documents for KMDC Loan Application Online
There is distinction in document and eligibility requirement for application of KMDC Loan online. The following documents shall be required to apply for different loans :
Bonafide/Study Certificate- College Fee Structure
- Previous Year Passed Marks Card
- College Bank Details
- Security Deposit (12% of Loan Amount) Paid Receipt
- Copy of KEA Admission Order
- Indemnity Bond
Other than above more documents as per the need of the loan and the loan scheme can be checked on the KMDC Online portal there at kmdconline.karnataka.gov.in.
KMDC Loan Eligibility for Online Application on KMDC Loan Platform
The Eligibility for the KMDC can be checked on the respective loan scheme page on the official website . If you want to know if you are eligible for the KMDC Loan application online 2024 or not , then you can follow the below process :
Go to the official portal KMDCOnline.karnataka.gov.in
Select the loan type you want to apply
Check the eligibility and benefits of the loan scheme by KMDC.
Process for Application of KMDC Loan Online @kmdconline karnataka gov in
Application of Loan scheme on KMDC Karnataka can be done by following the below procedure :
Go to Karnataka Minorities Development Corporation Ltd website .
Click on Apply Now
Enter your Mobile
Login with the Digilocker and give access to your documents.
Select the Loan Scheme which you want to apply.
On processing , the support team of KMDC will contact you and will assist you for the entire loan procedure.
Processing Time of Loan from KMDC Online Loan Management System
The expected processing time for the loan application is around 24 hours while on online submission of the KMDC Loan application , you can receive a response from the department within 72 hours for your loan application submission .
The credit amount disbursal will be done within 72 hours after processing of the loan.
Also read : How to make income from Equity Trading and Investing in Trading ?
Types of Loans offered by KMDC Online
The following types of loans can be applied on KDMC Online loan management system 2024 :
- Arivu Education Loan
- Loan for higher education in foreign university
- Shrama Shakti Loan
- Shram Shakti Women Loan
- Vrutti Protsaha Loan Scheme
- Swawalambi Sarathi Scheme
- Self employment scheme
- Direct loan for Business / Enterprise
- Ganga Kalyana Scheme
How to track status of KMDC Loan applied Online 2023 ?
To track your loan application or to know your loan procedure online , you can follow the below procedure :
Go to the official KMDC Loan tracking page of the website.
Enter mobile number associated with the loan application and Date of birth .
Confirm with OTP.
The screen will show your current loan status on the KMDC Portal .
Also read : Why HSBC Cashback Credit Card is All Time Best for Shopping Online for Students and Jobs Persons ?
Repayment of KMDC Loan Online and EMI
Loans on the KMDC Portal can be repaid in EMI options as provided by the department . To know what amount of loan is disbursed , what is to be cleared and what is the pending number of EMIs to be paid to the department , you can check the repayment status of KMDC Loan online on the official website repayment page.
Go to the Repayment KMDC Loan Page
Enter your Repayment ID
Enter your Registration ID provided during loan application
Confirm by OTP .
You will receive your schedule of repayment of loan and also the loan closure document online.
KMDC Loan Contact Support Online 2023
If you have applied for loan from KMDC Loan Online application Management system then for any query , you can ask on the following contact options :
Registered Office & Head Office
Karnataka Minorities Development Corporation Ltd., No. 39-821, Subedhar Chatra Road, Sheshadripuram,
Bengaluru – 560001, Karnataka, India
CIN: U67190KA1986SGC007460
Contact Number
080-22860999
(10:30 AM to 5:30 PM only)
Except Karnataka Government Holidays
+91-8277799990
(24×7 helpline)
