Primary Cooperative Agriculture and Rural Development Bank: For Handloom and Other Non Farm Sector Activities

About This Scheme

The "Primary Cooperative Agriculture and Rural Development Bank: For Handloom and Other Non Farm Sector Activities" scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to offer financial support for handloom and other non-farm sector activities, enabling farmers to diversify income sources beyond agriculture. Loans under this scheme can be obtained based on the project cost, with a limit of ₹2,00,000/-. Interest rates range from 11% to 12.5%, subject to change.

Eligibility

- The beneficiary should be a resident of Tamil Nadu. - The beneficiary should be a farmer. - The beneficiary should be engaged in handloom or non-farm sector activities. - The beneficiary should be interested to avail the loan for handloom or non-farm sector activities. - The beneficiary should have the intention to use the loan specifically for handloom or non-farm sector activities.

Benefits

- Access to Loan: Up to ₹2,00,000/-. - Interest Rate: From 11% to 12.5%, (subject to change).

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.