District Central Cooperative Banks and through its Branches: For Consumer Durables T.V., Fridge and Two Wheelers Loan
A loan scheme provided by District Central Cooperative Banks for purchasing consumer durables like T.V., fridges, and two-wheelers. Loan covers 75% of the product cost at an interest rate of 14%.
About This Scheme
The “District Central Cooperative Banks and through its Branches: For Consumer Durables T.V., Fridge and Two Wheelers Loan” scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, offers loans for the purchase of consumer durables, including T.V.s, refrigerators, and two-wheelers. The loan covers up to 75% of the product cost, with no upper ceiling, and is subject to a 14% interest rate (subject to change).
Benefits
Access to Loan: 75% of the cost of consumer durables.
Interest Rate: 14% (subject to change).
Eligibility Criteria
The beneficiary should be a resident of Tamil Nadu.
Loans should be applicable only for Consumer durables such as T.V., Fridge and two wheelers.
Application Process
Apply 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).
Official Source: View on myScheme.gov.in
Benefits
Access to Loan: 75% of the cost of consumer durables.
Interest Rate: 14% (subject to change).
Application Process
Apply 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).
References & Official Links
Scheme Details
| Full Name | District Central Cooperative Banks and through its Branches: For Consumer Durables T.V., Fridge and Two Wheelers Loan |
| Short Title | DCCBFCD |
| Level | State |
| Scheme For | Individual |
| Categories | Banking,Financial Services and Insurance |
| States | Tamil Nadu |
| Gender | All |
| Age Range | Any â 75 years |
| Area | Both |
| Source | myScheme.gov.in â |