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District Central Cooperative Banks and through its Branches: For Working Women

Co-operation, Food and Consumer Protection Department

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Overview

The scheme provides financial assistance to working women through loans up to ₹20,000/- at a 12% interest rate via District Central Cooperative Banks and their branches.

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Details

Description
The "District Central Cooperative Banks and through its Branches: For Working Women" scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to provide financial support through a loan of up to ₹20,000/- at a nominal interest rate of 12%. The loans are facilitated by District Central Cooperative Banks and their branches, which ensure accessibility to women seeking financial assistance for professional and personal growth.

Exclusions
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Benefits
• **Access to Loan:** Up to ₹20,000/-. - **Interest Rate:** 12% (subject to change).
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Eligibility Criteria
1. - The beneficiary should be a resident of Tamil Nadu.
2. - The beneficiary should be a working woman.
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Required Documents
• Identity proof (Aadhaar, PAN card, etc.).
• Address proof.
• Proof of employment or work-related documents.
• Any other documents (if required).

Frequently Asked Questions
Q: What is the objective of this scheme?
A: The scheme provides financial assistance to working women through loans up to [?]20,000/- at a 12% interest rate via District Central Cooperative Banks and their branches.

Q: What is the maximum loan amount available?
A: The maximum loan amount available under this scheme is [?]20,000/-.

Q: What is the interest rate for the loan?
A: The interest rate for the loan is 12%, subject to change.

Q: Who is eligible for this scheme?
A: Working women who are citizens of the state can apply for the scheme.

Q: How can one apply for this loan?
A: Interested applicants must visit the nearest District Central Cooperative Bank branch and submit the necessary documents.

Q: Is there an age limit to apply for this scheme?
A: There is no specific age limit mentioned; eligibility is based on employment status.

Q: What documents are required for the application?
A: Identity proof, proof of employment, address proof, etc. are required for the application.

Q: Is the interest rate fixed?
A: The interest rate is 12%, but it may change based on government policies.

Q: Are there any income criteria for eligibility?
A: No specific income criteria have been mentioned under this scheme.

Eligibility Criteria

1

- The beneficiary should be a resident of Tamil Nadu.

2

- The beneficiary should be a working woman.

3

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Benefits

**Access to Loan:** Up to ₹20,000/-. - **Interest Rate:** 12% (subject to change).

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Required Documents

# Document
1 Identity proof (Aadhaar, PAN card, etc.).
2 Address proof.
3 Proof of employment or work-related documents.
4 Any other documents (if required).

Frequently Asked Questions

The scheme provides financial assistance to working women through loans up to [?]20,000/- at a 12% interest rate via District Central Cooperative Banks and their branches.

Sources and references

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