The scheme offers loans up to ₹10,00,000 for housing, house construction, and repair or extension purposes, at a 12% interest rate to provide financial aid to citizens for housing needs.
District Central Cooperative Banks and through its Branches: For Housing, House Construction, Repair Extension Loan - Introduction
The “District Central Cooperative Banks and through its Branches: For Housing, House Construction, Repair Extension Loan” scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, provides financial assistance to citizens for housing construction, repair, and extension. The maximum loan amount offered is ₹10,00,000/- with an interest rate of 12% (subject to change).
Benefits
- Access to Loan: Up to ₹10,00,000/-
- Interest Rate: 12% (subject to change).
Eligibility
- The beneficiary should be a resident of Tamil Nadu.
- Loans should be applicable only for Housing, House Construction, Repair, and Extension.
Exclusions
Application Process
- 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 (if required), and attach copies of all the mandatory documents (self-attested, 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).
Downloads & Media
EXTERNAL LINK
Guidelines