About this agriculture 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.
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).
Benefits at a glance
| Scheme name | District Central Cooperative Banks and through its Branches: For SSI Unit Loan and Other NFS Activities (DCCBSSI) |
|---|---|
| Launched by | Co-operation, Food and Consumer Protection Department |
| Benefit type | Cash (money paid to your bank account) |
| Category | Agriculture |
| Level / State | State · Tamil Nadu |
| Official portal | tn.gov.in (link at the end of this page) |
Key facts
| Scheme for | Individual |
|---|---|
| Application mode | Offline |
| Last date | Ongoing (no last date notified) |
| DBT (direct bank transfer) | No |
| Age | 18 to 55 years |
Who can apply (quick check)
- 👤All genders
- 🎂Age 18 to 55 years
- 📝Offline
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
- Access to Loan: Up to Rs. 1,00,000/-.
- Interest Rate: 13% (subject to change).
Who qualifies
- 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 is not eligible
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Papers to keep ready
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Registration walkthrough
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).
Frequently asked questions
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.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
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