ECS Surety Loan

Employees Cooperative societies Surety loan

T

State

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

Tags: Loan, Financial Assistance, Citizens, Cooperative, Surety Loan, Grants, Interest Rate, State Sponsored

Details

The Employees Cooperative societies Surety loan scheme provides financial assistance in the form of a surety loan to citizens. The maximum amount that can be obtained through this scheme is Rs. 1,50,000, with an interest rate of 14%, which is subject to change.

Purpose for which loan can be obtained : Surety loan
Maximum amount of loan : Rs. 1,50,000 (Maximum limit)
Rate of interest (Subject to change) : 14%

Sponsored by: State
Funding pattern: Purpose for which loan can be obtained : Surety loan
Maximum amount of loan : Rs. 1,50,000 (Maximum limit)
Rate of interest (Subject to change) : 14%
Scheme type: na

Benefits

  • - Financial assistance up to Rs. 1,50,000
  • Interest rate of 14% (subject to change)
  • Grants available
  • Financial assistance up to Rs. 1,50,000
  • Interest rate of 14% (subject to change)
  • Grants available

Eligibility

Citizens can apply for this scheme.

Application Process

Offline

To avail the loan, applicants should contact the Secretary or Special Officer of the cooperative society.

References

Apply

Apply now

Opens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.

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:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status