Lot of Face book friends commented on the schemes announced by TN Govt for SC/ST candidates via THADCO many asked is there any schemes for BC / Minority community . TAMIL NADU BACKWARD CLASSES ECONOMIC DEVELOPMENT CORPORATION LTD. (TABCEDCO) TAMIL NADU MINORITY COMMUNITY ECONOMIC DEVELOPMENT CORPORATION LTD. (TAMCO) Loans are available to the community people to avail the loans contact the concern Departments given below The scheme is having no subsidy but 95 % loan but the interest rate is only 6 % is added advantage the details are given below Concerned Department : BC, MBC & Minorities Welfare Department Concerned District : All Districts Organisation Name : Backward Classes Welfare Directorate Scheme Details Title / Name : TAMIL NADU BACKWARD CLASSES ECONOMIC DEVELOPMENT CORPORATION LTD. (TABCEDCO) - General Term Loan Scheme Associated Scheme : Sponsored By : State Funding Pattern : Beneficiaries : BC/MBC Benefits Types : Subsidy Eligibility criteria Income : -- Age : 18 -- 60 Community : -- Other Details : -- How To Avail : Loan Application forms can be had free of cost from the office of the TABCEDCO situated in Chennai. or From the District Backward Classes and Minorities Welfare Officer and Regional Manager of TABCEDCO / Regional Joint Registrar of Co-Operative Societies in the Districts. or From Co-operative Banks in Districts. Validity of the Scheme Introduced On : -- Valid Upto : Dec 31, 2016 Description : The term loan amounts are sanctioned to the eligible persons by the Corporation adopting the following patterns- Term Loan amounts 1) General Term Loan Scheme Beneficiary Share Pattern of Assistance -5 percent Interest (per annum) - - TABCEDCO Share - Pattern of Assistance -10 percent Interest (per annum) - 6 percent National Corporation Share Project Cost - Pattern of Assistance -85 percent Interest (per annum) -6 percent Total Pattern of Assistance -100 percent (Maximum Rs.5.00 lakhs depending upon the Trade etc.) Loans up to Rs.1.00 lakh will be sanctioned by TABCEDCO Loans above Rs.1.00 Lakh will be sanctioned with the prior permission of National Corporation. Repayment period is 3/5 years. (12 Quarterly / 20 Quarterly Installments) For Minorities Concerned Department : BC, MBC & Minorities Welfare Department Concerned District : All Districts Organisation Name : Backward Classes Welfare Directorate Scheme Details Title / Name : Individual Term Loan Scheme For Minorities Associated Scheme : Sponsored By : State Funding Pattern : Beneficiaries : BC/MBC/ MC Benefits Types : Grants Eligibility criteria Income : 55000 Community : -- MC Other Details : -- How To Avail : TAMCO, 807, Anna Salai, Vth Floor, Chennai-2 (or) District Backward Classes and Minorities Welfare Officer of the District concerned (or) Regional Joint Registrar of Co-op. Societies (or) District Central Co-operative Bank and its branches / Urban Co-op. Bank / viable Primary Agricultural Co-operative Bank Validity of the Scheme Introduced On : -- Valid Upto : Dec 31, 2016 Description : The loan amount upto Rs.1,00,000/- is sanctioned at 6 percent rate of interest for business / project. The loan amount more than Rs.1,00,000/- and upto Rs.5,00,000/- is sanctioned after getting approval of NMDFC, New Delhi. The loan contribution pattern is as follows NMDFC 85percent TAMCO 10percent Beneficiary 5percent This loan is given through the District Central Co-operative Bank, its branches / Urban Co-operative Bank / viable Primary Agricultural Co-operative Bank. The loan is repayable in 60 monthly installments NMDFC National Minorities Development Finance Corporation Govt of India NBCDFC National Backward community Development Finance Corporation Govt of India
Posted on: Fri, 08 Aug 2014 16:08:19 +0000
Trending Topics
Recently Viewed Topics
© 2015