Transport Loan Scheme

Assistance is provided in the form of term loan upto 75 to 80% of the cost of purchase of trucks, tippers, tractors, taxies, three wheelers, LCVs, cars, autorickshw for transport of public goods or passengers as the case may be. The assistance is for acquiring new vehicles only. Preference will be given to applicants with experience in the line and those having regular transport contract/ inter-state permits. Applications for assistance policy to assist only the smaller entrepreneurs engaged in transport operation. Black board vehicles such as cars, vans, omni buses are also financed subject to eligibility. The loans under this scheme are to be secured by way of collateral securities acceptable to the KSFC.