ELIGIBILITY CRITERIA

• Beneficiary should belong to Backward Classes, Most Backward Classes and Denotified Communities as in the state list or Central list.
• Annual family income shall not exceed Rs.3,00,000/-
• Beneficiary should be aged above 18 years and below 60 years.
• Loan assistance will be sanctioned to only one person in a family.

MODE OF APPLICATION

Loan Applications forms are available at free of cost at the following offices:

• TABCEDCO’s Head Office at Chennai
• District Backward Classes & Minorities Welfare Officers / Regional Manager
• Joint Registrar of Co-operative Societies
• Co-operative Credit Societies / Banks

DOCUMENTS TO BE PRODUCED

The applicants should fill up their Loan Applications and submit the same along with the copy of the following documents to the respective District Backward Classes and Minorities Welfare Officer & Regional Manager / Office of the Joint Registrar of Co-operative Societies / Co-operative Banks.

1. Community, Income and Nativity Certificates.
2. Quotation from a leading company.
3. Project from a leading company.
4. Ration card.
5. Driving license (for transport vehicle loans only).
6. Documents for hypothecation / mortgage as required by the Bank.
7. Aadhar card.

SECURITY FOR LOAN ASSISTANCE

As per the norms of District Central Co-operative Banks / Urban Co-operative Banks / Primary Agricultural Co-operative Credit Societies.