Employees Cooperative Societies Surety Loan

What is Employees Cooperative Societies Surety Loan?

The scheme provides loans up to ₹1,50,000/- at an interest rate of 14%. It is aimed at assisting citizens by offering financial support through surety loans from the Employees Cooperative Societies.

Benefit

- **Access to Loan:** Surety loans up to ₹1,50,000/-. - **Interest Rate:** 14% (subject to change). <br>

Level

State — Tamil Nadu

Ministry / Dept.

Co-operation, Food and Consumer Protection Department

Benefit type

cash

Key eligibility

- The beneficiary should be a resident of Tamil Nadu. - The beneficiary should be a member of an Employees Cooperative Society. - The beneficiary should be interested in availing Employees Cooperative Societies Surety loan. <br>

Last verified

Recently

Benefits

- **Access to Loan:** Surety loans up to ₹1,50,000/-. - **Interest Rate:** 14% (subject to change). <br>

Eligibility

Documents Required

How to Apply

1. Step 1: Offline application — step 1

   Step 1: The interested applicant should collect the application form by contacting the Secretary/ Special Officer of the office of the Employees Cooperative Society. Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required). Step 3: Submit the duly filled and signed application form along with the documents to the concerned authority.. Step 4: Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and unique identification number (if applicable).

Sources & References

• Official scheme website ↗
• Source record ↗
• Information is summarised from official government sources. Verify all details on the official website before applying.