Small Road Transport Operators Loan (SRTO Loan)
By Co-operation, Food and Consumer Protection Department, Government of Tamil Nadu
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Quick Answer
Loans up to ₹10 lakh at 13% interest for small road transport operators in Tamil Nadu, through District Central Cooperative Banks.
- Funding amount
- Up to ₹10L
- Funding type
- Debt
- Application deadline
- Rolling
- Location
- Tamil Nadu
About this loan
District Central Cooperative Banks and their branches lend to small road transport operators in Tamil Nadu. The scheme is from the Co-operation, Food and Consumer Protection Department, Government of Tamil Nadu.
You can borrow up to ₹10,00,000 at 13%, which is subject to change. Operators use it to buy new vehicles, upgrade their fleet, cover maintenance and operating costs, or manage working capital.
You must live in Tamil Nadu and be actively working as a small road transport operator.
Eligibility
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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 ₹10L
- Fund type
- Debt
- Repayment
- Repayable
What You Get
The scheme provides access to a loan of up to ₹10,00,000/- for eligible small road transport operators. This financial assistance is crucial for operators looking to expand their business, purchase new vehicles, cover maintenance costs, or manage working capital. The loan is offered at an interest rate of 13% (subject to change), making it a structured and accessible financial product to support the growth and sustainability of small-scale transport businesses within Tamil Nadu. The funding helps operators invest in their assets and operations, ultimately strengthening their economic standing.
- Disbursement
- Lump Sum
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Application Process
- 1
Collect Form
Applicant collects the loan 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
What is the purpose of the SRTO Loan scheme?
The SRTO Loan scheme aims to provide financial assistance to small road transport operators in Tamil Nadu, enabling them to expand their businesses, acquire vehicles, and manage operational expenses, thereby promoting economic growth in the transport sector.
What is the maximum loan amount available under this scheme?
Beneficiaries can avail a loan of up to ₹10,00,000/- (Ten Lakhs Indian Rupees) under the Small Road Transport Operators Loan scheme.
What is the interest rate for the SRTO Loan?
The interest rate for the SRTO Loan is 13%, though this rate is subject to change based on policy updates from the lending banks.
Who is eligible to apply for this loan?
To be eligible, the applicant must be a resident of Tamil Nadu and must be actively operating as a Small Road Transport Operator.
How can I apply for the SRTO Loan?
The application process is offline. Interested applicants should collect the application form from any District Central Cooperative Bank or its branches in Tamil Nadu, fill it out, attach necessary documents, and submit it to the concerned authority at the bank.
What documents are typically required for the application?
While not explicitly listed, typical documents for such a loan would include identity proof (Aadhaar, PAN), address proof (utility bills), business registration documents (if applicable), proof of residency in Tamil Nadu, details of the transport operation, passport-sized photographs, and possibly income statements or bank account details. Applicants should confirm the exact list with the bank.
