The scheme aims to provide loans of up to âš5,00,000/- at an interest rate of 12% (subject to change) for women entrepreneurs through District Central Cooperative Banks and its branches.
About This Scheme
The “District Central Cooperative Banks and through its Branches: For Women Entrepreneurs” scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to provide financial support through loans. Women entrepreneurs can obtain loans up to âš5,00,000/- with a 12% interest rate.
Benefits
Access to Loan: Up to âš5,00,000/-.
Interest Rate: 12% (subject to change).
Eligibility Criteria
The beneficiary should be a resident of Tamil Nadu.
The beneficiary should be a woman entrepreneur.
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