Large Sized Multi-Purpose Coop. Society: Medium Term Loan to Tribal Members
By Co-operation, Food and Consumer Protection Department, Government of Tamil Nadu
Check your eligibility
Sign up and we'll tell you whether your startup qualifies for this grant.
Quick Answer
A no-interest medium-term loan up to ₹60,000 provided by the Tamil Nadu government to tribal members through Large Sized Multi Purpose Cooperative Societies for livelihood support.
- Funding amount
- Up to ₹60,000
- Funding type
- Debt
- Application deadline
- Rolling
- Location
- Tamil Nadu
About this loan
The "Large Sized Multi-Purpose Coop. Society: Medium Term Loan to Tribal Members" scheme, launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to provide a vital medium-term loan facility to eligible tribal members through the extensive network of Large Sized Multi Purpose Cooperative Societies across the state. This initiative is designed to be a cornerstone for economic empowerment within tribal communities. With a maximum loan amount of ₹60,000 and critically, no interest, it stands out as a highly cost-effective and accessible financing option. This scheme seeks to bridge financial gaps, enable tribal members to undertake various livelihood activities, or expand existing micro-enterprises without the prohibitive burden of commercial interest rates. It represents a significant step towards financial inclusion and sustainable development for a marginalized section of society, allowing beneficiaries to invest in agriculture, artisanal work, small trade, or other income-generating ventures with greater security.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
Provider
Co-operation, Food and Consumer Protection Department, Government of Tamil NaduChennai · Tamil Nadu · India
The Co-operation, Food and Consumer Protection Department is a Tamil Nadu state government department, headed by the Minister for Cooperation. It oversees the cooperative societies and banks across the state, and the loans in its citizen's charter are issued by those bodies…
Learn moreBenefits & Funding
- Amount
- Up to ₹60,000
- Fund type
- Debt
- Equity
- Equity-free
- Repayment
- Repayable
What You Get
The scheme offers significant financial support to eligible tribal members by providing a medium-term loan of up to ₹60,000. The most crucial benefit is the 0% interest rate, which eliminates the cost of borrowing and makes the loan highly affordable and sustainable for beneficiaries. This interest-free capital is disbursed as a lump sum, intended to support a range of livelihood-enhancing activities, including agricultural inputs, livestock purchases, setting up small businesses, or other income-generating projects. By removing the financial burden of interest, the scheme directly contributes to poverty alleviation and economic self-sufficiency, ensuring that tribal members can invest in their future without accumulating debt. The Cooperative Society acts as the facilitating channel, ensuring local access and support.
- Disbursement
- Lump Sum
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Application Process
- 1
Collect Application Form
Obtain the application form by contacting the Special Officer of the Large Sized Multi Purpose Cooperative Society.
You - 2
- 3
How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
Submit on the official portal
Use the official application link and verify all details before final submission.
- 3
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is the main objective of the "Large Sized Multi-Purpose Coop. Society: Medium Term Loan to Tribal Members" scheme?
The primary objective is to provide accessible and affordable medium-term financial assistance, specifically in the form of an interest-free loan up to ₹60,000, to tribal members in Tamil Nadu, empowering them to undertake various livelihood and income-generating activities.
Who is eligible to apply for this loan?
To be eligible, an applicant must be a resident of Tamil Nadu, belong to the Tribal community, and be a registered member of a Large Sized Multi Purpose Cooperative Society.
What is the maximum loan amount that can be availed, and is there any interest charged?
Beneficiaries can avail a maximum loan amount of ₹60,000. Crucially, this loan is provided completely interest-free, significantly reducing the financial burden on the tribal members.
How does one apply for this loan scheme?
The application process is offline. Applicants need to collect the application form from the Special Officer of their local Large Sized Multi Purpose Cooperative Society, fill it out completely, attach all necessary self-attested documents and a passport-sized photograph, and then submit it to the same authority. It is advisable to obtain a submission receipt.
What kind of activities can the loan be used for?
While specific uses are not detailed, a medium-term loan for tribal members is generally intended to support various livelihood activities such as agriculture, animal husbandry, petty trade, artisan work, or other micro-enterprise ventures that contribute to household income and economic stability.
What is the role of the Large Sized Multi Purpose Cooperative Society in this scheme?
The Large Sized Multi Purpose Cooperative Society acts as the implementing agency and the direct point of contact for beneficiaries. It is responsible for distributing application forms, receiving completed applications, and facilitating the disbursement of the medium-term loans to its tribal members.
