SRTO Loan
District central Cooperative Banks and through its branches - For Small Road Transport Operators loan (SRTO loan)
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States / UT: Tamil Nadu
Ministry / nodal: Co-operation, Food and Consumer Protection Department
Department: Co-operation, Food and Consumer Protection Department
Nodal department: Co-operation, Food and Consumer Protection Department
Scheme for: Individual
Scheme profile
DBT (direct benefit transfer): No
Target beneficiaries: Citizens, Small Road Transport Operators
Tags: Loans, Transport, Cooperative, Finance, Citizens, Small Business, Interest Rate, Grants, State Sponsored, Road Transport, Banking, Support
Details
The scheme provides loans specifically for Small Road Transport Operators (SRTO). The maximum amount of loan available under this scheme is ₹10,00,000, with an interest rate that is subject to change, currently set at 13%. The loans are intended to support citizens engaged in small road transport operations.
Purpose for which loan can be obtained : Small Road Transport
Operators loan (SRTO
loan)
Maximum amount of loan : 10,00,000
Rate of interest (Subject to change): 13%
Sponsored by: State
Funding pattern: Purpose for which loan can be obtained : Small Road Transport
Operators loan (SRTO
loan)
Maximum amount of loan : 10,00,000
Rate of interest (Subject to change): 13%
Scheme type: na
Benefits
- - Financial support for small road transport operators
- Maximum loan amount of ₹10,00,000- Competitive interest rate of 13%
- Financial support for small road transport operators
- Maximum loan amount of ₹10,00,000
- Competitive interest rate of 13%
Eligibility
Citizens engaged in small road transport operations can apply for this loan.
Application Process
Offline
To avail the loan, applicants should approach the General Manager or Special Officer at the District Central Cooperative Banks or their branches.
Documents Required
No document list is available for this scheme yet.
Official links
References
Apply
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Documents Required for Government Schemes
Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:
- Aadhaar Card
- Income Certificate
- Caste Certificate (if applicable)
- Residence Proof
- Bank Account Details
- Educational Certificates (for student schemes)
How to Apply for Government Schemes?
The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:
- Check eligibility criteria
- Collect required documents
- Fill the application form
- Submit the application online or at the relevant office
- Track application status