Kerala State Backward Classes Development Corporation Ltd (KSBCDC) is a Private Limited Company fully owned by the Government of Kerala, registered under the Companies Act 1956 on 28-02-1995 with its Registered Office at Thiruvananthapuram. The Corporation has offices in all the 14 Districts of the State and 6 Taluk level Sub District Offices. Our Mission is "Freedom from Poverty and Backwardness" of the targeted communities in the State of Kerala.
Authorized Share Capital of the Company is 100 Crores and the paid up capital is 100 Crores. It was decided to enhance to 150 Crores. KSBCDC is the State Channelizing Agency of two National Agencies – National Backward Classes Finance Development Corporation (NBCFDC) and National Minorities Development Finance Corporation (NMDFC).It focuses on the implementation of various schemes for the welfare of backward classes and minorities in the State. It is a Non Banking Financial Company registered under Reserve Bank of India and primarily engaged in financial lending to the peoples belonged to backward and minority communities living below double the poverty line for setting up of employment ventures. Various schemes funded by National Agencies include loan assistance for self employment, education loans, micro finance etc. Other assistance are also provided by us like marriage assistance, assistance for seeking foreign employment, working capital, computer loan, house maintenance, personal loan etc.
It has exhibited a more professional approach in its activities when compared with other Government enterprises in the similar sector. It has been able to almost fully computerize its activities, facilitating online monitoring. We have also be able to tie up with State Bank of Travancore in arranging facility for repayment of loans by beneficiaries.
It has been identified that certain factors for choosing KSBCDC loans. They are speedy disposal, low interest rate, accessibility, discounts and rebates for prompt repayment, cordial relationship, simple mortgage facilities, and entrepreneurship support, low processing fees, facility for pre-closure of loans etc.
We welcome you to this website which will help you to understand our activities, procedures for availing the benefits, success stories, current developments etc. We look forward to increase our interaction with you, which will help us to understand your needs and to act.