The Karnataka Khadi and Village Industries Board has set Mar. 31 as deadline for repayment of loans.

A press release issued by the Board states that the interest and penalty will be waived off if beneficiaries repay the capital amount by Mar. 31.

The beneficiaries will have to repay loans along with interest and penalty if they failed to repay the capital amount within  the Mar. 31 deadline, the  release added.