District Central Cooperative Banks and through its Branches: For SSI Unit Loan and Other NFS Activities
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
Tamil Nadu residents can get loans up to ₹1,00,000 at 13% interest for small-scale industries (SSI) units and other non-farm sector (NFS) activities.
- Funding amount
- Up to ₹1L
- Funding type
- Debt
- Application deadline
- Rolling
- Location
- Tamil Nadu
About this loan
This Tamil Nadu scheme, from the Co-operation, Food and Consumer Protection Department, offers loans through District Central Cooperative Banks and their branches. You can borrow up to ₹1,00,000 at 13% interest. The rate is subject to review and change.
The loan is for small-scale industries (SSI) units and other Non-Farm Sector (NFS) activities, and you must live in Tamil Nadu. Funds can go to working capital, raw materials, equipment and other operating costs.
The scheme is aimed at micro and small enterprises, including those in rural and semi-urban areas who may find it hard to get formal credit.
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 ₹1L
- Fund type
- Debt
- Equity
- Equity-free
- Repayment
- Repayable
What You Get
- Loan Access: Beneficiaries gain access to a direct loan facility, offering up to ₹1,00,000 to support their business ventures. This capital is intended to provide immediate financial relief and growth opportunities for small-scale industries and non-farm sector activities. Funds can be utilized for various purposes including working capital, purchase of raw materials, minor equipment upgrades, or meeting other operational expenses crucial for sustaining and expanding the business.
- Affordable Interest Rate: The loan is provided at an interest rate of 13% (subject to change), designed to be accessible for small businesses. This rate aims to reduce the financial burden on entrepreneurs compared to informal lending sources, thereby promoting sustainable business practices and encouraging formalization within the small enterprise sector in Tamil Nadu.
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Applications collected at the District Central Cooperative Banks branches are typically subjected to an initial screening by the bank officials to verify eligibility and completeness of documents. This may be followed by a credit assessment of the applicant and their business activity to ascertain repayment capacity. Final approval often rests with a local committee or designated authority within the cooperative banking system, which evaluates the proposal based on local economic needs and adherence to scheme guidelines. Shortlisted applicants may undergo a brief interview or site visit before final sanction.
Application Process
- 1
Collect Application Form
Obtain the application form from District Central Cooperative Banks or their branches.
You - 2
- 3
- 4
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
Who is eligible for this loan scheme?
The scheme is open to residents of Tamil Nadu engaged in Small-Scale Industries (SSI) Units and Other Non-Farm Sector (NFS) Activities.
What is the maximum loan amount available?
Beneficiaries can avail a loan of up to ₹1,00,000.
What is the interest rate for the loan?
The loan is provided at an interest rate of 13%, which is subject to change.
How can I apply for the loan?
Interested applicants must collect the application form from District Central Cooperative Banks or their branches, fill it out, attach necessary documents, and submit it to the concerned authority.
Which department launched this scheme?
The scheme was launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu.
Is this scheme available across all states in India?
No, this scheme is specifically for residents of Tamil Nadu.
