Details
The “District Central Cooperative Banks and through its Branches: For Revamped Micro Credit Loan for Women Vendors of Flower, Vegetable, Fruit, etc.” scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, offers revamped micro-credit loans to women engaged in vending activities like selling flowers, vegetables, fruits, etc. The scheme allows women vendors to obtain a loan between ₹100/- to ₹5,000/- at an interest rate of 11% (subject to change), supporting their businesses and enhancing their income generation opportunities.
Benefits
Access to Micro-Loan: ₹100/- to ₹5,000/-.
Interest Rate: 11% (subject to change).
Eligibility
The beneficiary should be a woman.
The beneficiary should be a resident of Tamil Nadu.
The beneficiary should be engaged in vending activities of flowers, vegetables, fruits, etc.
Application Process
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).
Documents Required
Identity proof (Aadhaar, PAN card, etc.).
Address proof.
Proof of vending activity (if applicable).
Any other documents (if required).
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