TAMIL NADU MINORITIES
ECONOMIC DEVELOPMENT
CORPORATION LTD.,
CHENNAI -600 002
Following
loan schemes are implemented for the upliftment of Social and Economic status
of Minorities:-
Concessions
/ Benefits
|
Conditions
|
Officer to be Contacted
|
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I. Individual Term
Loan
|
Minorities
|
are
|
eligible.
|
TAMCO, 807, Anna
Salai, Vth
|
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Scheme:
|
(Religious)
|
Floor,
Chennai-2
|
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Muslims,
|
Christians,
|
(or)
|
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The
|
loan
|
amount
|
upto
|
Sikhs,
|
Buddhists,
|
and
|
District Backward Classes &
|
||||
Rs.1,00,000/- is
sanctioned at
|
Parsis,
|
are
|
eligible
|
to
|
Minorities Welfare Officer of the
|
||||||
6% rate of interest for business /
|
apply.
|
District concerned
|
|||||||||
project.
|
Annual
|
income
|
of
|
the
|
(or)
|
||||||
applicant
|
should
|
be
|
Regional
Joint Registrar of Co-op.
|
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The
loan amount more
than
|
within Rs.40,000/- in the
|
Societies
|
|||||||||
Rs.1,00,000/-
|
and
|
upto
|
rural
|
areas
|
and
|
(or)
|
|||||
Rs.5,00,000/- is sanctioned after
|
Rs.55,000/- in the urban
|
District
Central Co-operative Bank
|
|||||||||
getting approval of NMDFC, New
|
areas.
|
& its branches / Urban Co-op.
|
|||||||||
Delhi.
|
Bank
/ viable Primary Agricultural
|
||||||||||
The
loan contribution pattern
is
|
Age limit above 18 years.
|
Co-operative Bank.
|
|||||||||
as follows:
|
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Loan
|
will
|
be
|
sanctioned
|
||||||||
NMDFC
|
:
|
85%
|
for 1 person in a family.
|
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TAMCO
|
:
|
10%
|
|||||||||
Beneficiary :
|
5%
|
Documents
|
to
|
be
|
|||||||
produced
|
|||||||||||
This
loan is given
through the
|
1.Income and Community
|
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District Central
Co-operative
|
Certificates.
|
||||||||||
Bank, its branches / Urban Co-
|
|||||||||||
operative Bank /
viable Primary
|
2.
|
Ration
|
Card
|
or
|
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Agricultural Co-operative Bank.
|
Residency Certificate and
|
||||||||||
The
loan is repayable
in 60
|
other documents required
|
||||||||||
monthly installments.
|
by the banks.
|
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