Kerala State Handicapped Persons Welfare Corporation Limited

Vehicle Loan Scheme

Vehicle Loan Scheme

This scheme is specially designed to ensure the freedom of movement to Persons with Disability. Those who are

  • Applicant shall be government employee or person who has regular income
  • Persons with disability with 40 -100% and shall be permanent resident of India
  • 7 years will be the time period to pay back the loan
  • Security / guarantee is either property document or government employee
  • Rate of interest is 6% upto 5 lakh, 7% upto 15 lakhs, 8% upto 30 lakhs and 9% above 30 lakhs
  • Vehicle will be hypotheticated to KSHPWC and “HYPOTHETICATED TO KSHPWC” sticker would be pasted on the vehicle and shall send a photo of vehicle along with loanee to KSHPWC
  • Under this scheme government employees and other persons with disabilities are eligible to apply.
  • The loan applicant should have a Canara Bank account
  • Vehicle/Assistive device Application(വാഹന /സഹായ ഉപകരണ  വായ്പ)
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