TABCEDCO Logo
Call Us On:
044-28190122
044-28190145
Send us a Mail:
tabcedco@tn.gov.in
tabcedco@gmail.com

LOAN SANCTION

Method of Loan Sanction

Institutions and Procedures for Loan Processing

Sub-Channelizing Agencies

For Individual & Group Loan Schemes:

  • District Central Co-operative Banks
  • Urban Co-operative Bank
  • Urban Cooperative Credit Societies
  • Primary Agricultural Co-operative Credit Society

For Milch Animal Loan Scheme:

  • District Cooperative Milk Producer Union Ltd.
  • Primary Milk Producers Co-operative Societies
Loan Processing Procedure

The Co-operative Banks will:

  • Receive and verify loan applications
  • Ensure scheme viability and repayment ability
  • Place applications before the District Screening Committee
  • Committee will recommend for loan sanction
Members of District Screening Committee
  • Joint Registrar of Co-operative Societies (Chairman)
  • District Backward Classes & Minorities Welfare Officer (Convener)
  • General Manager, District Industries Centre
  • Special Officer, District Central Co-operative Bank
  • Project Officer, TN Corporation for Development of Women
  • Representative of Co-operative Banks
  • Representative of Self Help Groups