The Individual Loan Scheme (ILS) is a financial assistance program offered by both the National Backward Classes Finance and Development Corporation (NBCFDC) and the Tamil Nadu Backward Classes Economic Development Corporation (TABCEDCO). It supports individuals (Men, Women, and Transgenders) from economically weaker sections to start their own income-generating activities. The funds can be used for ventures in small businesses and trades. The scheme promotes self-employment, entrepreneurship, and improves the socio-economic status of marginalized communities.
Maximum Loan Amount
Repayment Period
Interest Rate
NBCFDC Share
TABCEDCO Share
Beneficiary’s Share
Up to Rs.1.25 lakhs
Above Rs.1.25 lakhs to Rs.5.00 lakhs
Above Rs.5.00 lakhs to Rs.15.00 lakhs
Click the following link to register yourself onetime and submit online loan application under ILS.