The “Large Sized Multi-Purpose Coop. Society: Medium Term Loan to Tribal Members” scheme is launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu. This initiative provides a medium-term, interest-free loan of up to ₹60,000 to eligible tribal members through the Large Sized Multi-Purpose Cooperative Society. The scheme is designed to offer cost-effective financing options to empower tribal communities in pursuing income-generating activities and enhancing their self-employment prospects.
Benefits
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Access to Loan:
Eligible beneficiaries can obtain loans of up to ₹60,000. -
Interest Rate:
The loan is provided without any interest, making it an attractive financing option.
Eligibility
- The beneficiary must be a resident of Tamil Nadu.
- The beneficiary must belong to the Tribal category.
- The beneficiary must be a member of a Large Sized Multi-Purpose Cooperative Society.
- The beneficiary should be interested in availing a medium-term loan from the society for income-generating or self-employment activities.
Application Process
Offline
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Collect the Application Form:
The interested applicant should contact the Special Officer of the Large Sized Multi-Purpose Cooperative Society to collect the application form. -
Fill in the Form:
Complete the application form by filling in all the mandatory fields, affixing a passport-sized photograph (signed across, if required), and attaching self-attested copies of all required documents. -
Submit the Form:
Submit the duly filled and signed application form along with the documents to the concerned authority. -
Obtain Acknowledgment:
Request a receipt or acknowledgment from the authority. Ensure the receipt contains essential details such as the date and time of submission and a unique identification number (if applicable).
For region-wise address and contact details of the Large Sized Multipurpose Cooperative Societies, please visit: https://www.rcs.tn.gov.in/mpd_cooperative_4.php
Documents Required
- Identity proof (e.g., Aadhaar Card, PAN Card)
- Address proof
- Caste Certificate
- Proof of employment or Income Certificate (if applicable)
- Any other documents as required
Frequently Asked Questions
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What is the objective of this scheme?
To provide an interest-free, medium-term loan to tribal members for self-employment and income-generating activities. -
Who sponsors this scheme?
The scheme is sponsored by the Co-operation, Food and Consumer Protection Department, Tamil Nadu. -
Who can apply for this loan?
Tribal members who are residents of Tamil Nadu and members of a Large Sized Multi-Purpose Cooperative Society. -
What is the maximum loan amount provided under this scheme?
Loans of up to ₹60,000 can be availed. -
Is there any interest charged on this loan?
No, the loan is provided on an interest-free basis. -
What documents are required to apply?
Applicants need to submit identity and address proofs, caste certificate, and any other documents as specified by the scheme. -
Where can one apply for this loan?
Applications must be submitted offline at the respective Large Sized Multi-Purpose Cooperative Society office. -
Is there any specific income limit or age requirement?
The scheme focuses on tribal members and does not specify an income or age limit beyond the requirement of being a resident of Tamil Nadu and a member of the cooperative society.