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Large Sized Multi-Purpose Coop. Society: Medium Term Loan to Tribal Members

Co-operation, Food and Consumer Protection Department

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Overview

The scheme offers medium-term loans of up to ₹60,000/- without interest to tribal members, enabling them to fulfill various financial needs.

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Details

Description
The "Large Sized Multi-Purpose Coop. Society: Medium Term Loan to Tribal Members" scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to provide a medium-term loan facility to tribal members through the Large Sized Multi Purpose Cooperative Society. The maximum loan amount is ₹60,000/- with no interest, making it a cost-effective financing option for the community.

Exclusions
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Benefits
• **Access to Loan:** Loan up to ₹60,000/-. - **Interest Rate:** No interest.

Eligibility Criteria
1. - The beneficiary should be a resident of Tamil Nadu.
2. - The beneficiary should belong to the Tribal category.
3. - The beneficiary should be a member of a Large Sized Multi Purpose Cooperative Society.
4. - The beneficiary should be interested in availing Medium Term Loan from the Large Sized Multi Purpose Cooperative Society.
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Required Documents
• Identity proof (Aadhaar, PAN card, etc.).
• Address proof.
• Caste Certificate.
• Proof of employment or Income Certificate (if applicable).
• Any other documents (if required).

Frequently Asked Questions
Q: What is the objective of this scheme?
A: The scheme offers medium-term loans of up to [?]60,000/- without interest to tribal members, enabling them to fulfill various financial needs.

Q: Who sponsors this scheme?
A: The scheme is sponsored by the state government.

Q: Who can apply for this loan?
A: Tribal residents who are members of the Large Sized Multi Purpose Cooperative Society are eligible to apply for the loan.

Q: What is the maximum loan amount?
A: The maximum loan amount is [?]60,000/-.

Q: Is there any interest charged on this loan?
A: No interest is charged on this loan.

Q: What documents are required to apply?
A: Applicants must provide proof of identity, a caste certificate, residence proof, and any other documents if required.

Q: Where can one apply for this loan?
A: Applicants can submit their applications at the office of the Large Sized Multi Purpose Cooperative Society.

Q: Is there a specific income limit to be eligible for the scheme?
A: The scheme does not mention any specific income limit for eligibility.

Q: Is there an age limit for applying to the scheme?
A: The scheme does not specify an upper age limit for applicants.

Q: Who can applicants contact for more details?
A: For further information, applicants can reach out to the Special Officer overseeing the scheme.

Eligibility Criteria

1

- The beneficiary should be a resident of Tamil Nadu.

2

- The beneficiary should belong to the Tribal category.

3

- The beneficiary should be a member of a Large Sized Multi Purpose Cooperative Society.

4

- The beneficiary should be interested in availing Medium Term Loan from the Large Sized Multi Purpose Cooperative Society.

5

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Benefits

**Access to Loan:** Loan up to ₹60,000/-. - **Interest Rate:** No interest.

Required Documents

# Document
1 Identity proof (Aadhaar, PAN card, etc.).
2 Address proof.
3 Caste Certificate.
4 Proof of employment or Income Certificate (if applicable).
5 Any other documents (if required).

Frequently Asked Questions

The scheme offers medium-term loans of up to [?]60,000/- without interest to tribal members, enabling them to fulfill various financial needs.

Sources and references

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