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Banking,Financial Services and Insurance

Large Sized Multi Purpose Coop. Society For Interest Free Loan

The scheme provides interest-free loans to citizens through a cooperative society. The maximum loan amount offered is ₹45,000/-, with zero interest charged.

Authority

State/ UT

Region

Tamil Nadu

Status

Verified 2026

Updated

March 2026

What you get

- Access to Loan: Loan up to ₹45,000/-. - Interest Rate: No interest.

Who can apply

The beneficiary should be a resident of Tamil Nadu.; The beneficiary should be a member of a Large Sized Multi Purpose Cooperative Society.; The beneficiary should be interested in availing loan from the Large Sized Multi Purpose Cooperative Society.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

What is the objective of this scheme?

The scheme provides interest-free loans to citizens through a cooperative society. The maximum loan amount offered is [?]45,000/-, with zero interest charged.

Who can apply for this loan?

Any resident of the state who is a member of a Large Sized Multi Purpose Cooperative Society can apply for the interest-free loan.

What is the maximum loan amount offered?

Under this scheme, the maximum loan amount is [?]45,000/-.

Is there any interest charged on the loan?

No, the loan provided under this scheme is completely interest-free.

What documents are required to apply for the loan?

Applicants must submit proof of identity, proof of address, income certificates and any other relevant certificates (if required).

How can an applicant apply for the loan?

The interested applicant should collect the application form through contacting the Special Officer of the office of the Cooperative Society.

Is there an age limit to avail of this scheme?

No specific age limit has been mentioned for this scheme.

Are there any community-specific criteria for eligibility?

The scheme does not specify any community-based criteria.

Are there any fees associated with the application process?

No fees are charged for applying under this interest-free loan scheme.

Who can applicants contact for more details?

For further information, applicants can reach out to the Special Officer overseeing the scheme.