The “District Central Cooperative Banks and through its Branches: For Maternity Loan through Self Help Groups” scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, offers financial support through Self Help Groups to pregnant women for maternity-related expenses. The loan is capped at ₹2,000/- with an interest rate of 11%, subject to changes.
Benefits
- Loan Amount: ₹2,000/-
- Interest Rate: 11% (subject to change).
Eligibility
- The applicant must be a woman.
- The applicant must be pregnant.
- The applicant must be a resident of Tamil Nadu.
- The loan should only be used for maternity-related expenses.
Application Process
Offline
- Collect the Application Form:
- Visit the District Central Cooperative Banks or its branches to collect the application form.
- Fill in the Details:
- Complete the application form by providing all mandatory details.
- Attach a passport-sized photograph (signed across, if required) and copies of mandatory documents (self-attested, if required).
- Submit the Application:
- Submit the filled and signed application form along with the required documents to the concerned authority.
- Get an Acknowledgment:
- Request a receipt or acknowledgment from the authority confirming the submission of the application. Ensure it includes essential details like the submission date and time, and a unique identification number (if applicable).
Documents Required
- Identity Proof: Aadhaar card, PAN card, etc.
- Address Proof.
- Proof of Maternity.
- Any additional documents (if required).
Frequently Asked Questions (FAQs)
- What is the objective of this scheme?
- The scheme aims to provide financial assistance to pregnant women through Self Help Groups for maternity-related expenses.
- Who can apply for the maternity loan?
- Pregnant women who are residents of Tamil Nadu and are members of Self Help Groups can apply.
- What is the maximum loan amount available?
- The maximum loan amount available is ₹2,000.
- What is the interest rate on the loan?
- The interest rate is 11%, subject to changes.
- What documents are required to apply?
- Documents required include identity proof, address proof, proof of maternity, and any other documents specified by the authority.
- Is there an income limit to apply?
- The scheme does not specify an income limit for eligibility.
- What is the process for applying?
- Applicants must visit the District Central Cooperative Banks or its branches, fill out the application form, submit it with the required documents, and request an acknowledgment.
- Is the loan amount fixed?
- Yes, the loan amount is fixed at ₹2,000.
- Can the loan be used for other purposes?
- No, the loan can only be used for maternity-related expenses.
- Who can individuals contact for more information?
- Individuals can contact the District Central Cooperative Banks or its branches for more details or guidance on the application process.