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District Central Cooperative Banks and through its Branches: For Professional Loan to Doctors, Engineers and Self Employed Professional

This scheme provides professional loans to doctors, engineers, and self-employed professionals through District Central Cooperative Banks. The maximum loan amount is ₹10,00,000 at an interest rate of 13% (subject to change).

What you get

  • Access to Loan: ₹10,00,000/-. - Interest Rate: 13% (subject to change).

Who can apply

  1. The beneficiary should be a Doctor/ Engineer/ Self-Employed Professional.
    1. The beneficiary should be a resident of Tamil Nadu.
    2. Loans should be applicable only for professional purposes.

How to apply

Offline

Step 1: The interested applicant should collect the application form from the District Central Cooperative Banks or its branches. 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, a unique identification number (if applicable).

Documents to carry

  1. Identity proof (Aadhaar, PAN card, etc.).
  2. Address proof.
  3. Proof of professional qualification/ Self-Employment.
  4. Any other documents (if required).

Details

The &quot;District Central Cooperative Banks and through its Branches: For Professional Loan to Doctors, Engineers and Self Employed Professional&quot; scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, offers financial assistance to professionals such as doctors, engineers, and self-employed individuals to help them expand or enhance their professional activities. Applicants can receive up to ₹10,00,000/- as a loan at a competitive interest rate of 13%. <br>

Questions people ask