Program brief
| Form of support | Cash, paid into the bank account |
|---|---|
| Level | State, Tamil Nadu |
| Field | Agriculture,Rural & Environment |
| How to apply | Offline |
Contents of this entry
Overview
This scheme provides financial assistance for SSI unit loans and other Non-Farm Sector (NFS) activities through District Central Cooperative Banks and their branches.
The "District Central Cooperative Banks and through its Branches: For SSI Unit Loan and Other NFS Activities" scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to support small-scale industries (SSI) and other NFS activities by providing loans up to Rs. 1,00,000 at an interest rate of 13% (subject to change).
Further facts from the listing
| Scheme for | Individual |
|---|---|
| DBT (direct bank transfer) | No |
Benefits
- Access to Loan: Up to Rs. 1,00,000/-.
- Interest Rate: 13% (subject to change).
Eligibility
- Age
- 18 to 55 years
- State
- Tamil Nadu
- The beneficiary should be a resident of Tamil Nadu.
- Loans should be applicable only for small-scale industries (SSI) Unit and Other Non-Farm Sector (NFS) Activities.
Who cannot apply
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Documents
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Application steps
Offline
Step 1: The interested applicant should collect the application form from the District Central Cooperative Banks or its branches.
Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).
Step 3: Submit the duly filled and signed application form along with the documents to the concerned authority..
Step 4: Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, a unique identification number (if applicable).
Questions and answers
What is the objective of this scheme?
This scheme provides financial assistance for SSI unit loans and other Non-Farm Sector (NFS) activities through District Central Cooperative Banks and their branches.
What is the maximum loan amount that can be availed?
Under this scheme, applicants can avail of a loan amount of up to Rs. 1,00,000/-.
What is the interest rate for the loan under this scheme?
The interest rate for the loan is set at 13%, although it is subject to change.
Who is eligible to apply for this loan scheme?
Any citizen who intends to start or expand an SSI unit or engage in NFS activities is eligible to apply.
Is there an age limit specified for applicants?
No specific age limit has been mentioned for this scheme.
Are there any income criteria that applicants must meet?
There are no specific income criteria set for eligibility under this scheme.
How can an applicant apply for this loan?
To apply, an applicant should visit the nearest District Central Cooperative Bank or one of its branches.
Can the interest rate change over time?
Yes, the interest rate is subject to change based on updates to bank policies.
What documents are necessary to apply for this loan?
Applicants must provide proof of identity, proof of address, a business plan, and bank statements. Additional documents may be required based on bank guidelines.
Who sponsors this loan scheme?
This loan scheme is sponsored by the state government to promote SSI units and NFS activities.
Official portal and guidelines
Applications are submitted only on the provider's own portal. jsrr.in does not accept forms, documents or fees.
jsrr.in is an independent index, not a funding agency or a government body. The provider's official call is final: confirm every condition, amount and date there, and do not pay anyone who offers to apply for you.
This entry reproduces the official listing and has not yet been rewritten or reviewed by our team. Read the official call before you apply.
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