The Large-Sized Multi-Purpose Cooperative Society Interest-Free Loan Scheme is a progressive initiative by the Co-operation, Food and Consumer Protection Department, Government of Tamil Nadu. Designed to ease financial constraints, this scheme provides interest-free loans of up to ₹45,000 to members of large-sized multipurpose cooperative societies across the state, supporting livelihoods and promoting financial inclusion.
Key Highlights of TN Interest-Free Loan Scheme
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Implemented By: Co-operation, Food and Consumer Protection Department, Tamil Nadu
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Beneficiaries: Members of Large-Sized Multi-Purpose Cooperative Societies
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Loan Amount: Up to ₹45,000/-
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Interest Rate: 0% (Interest-Free Loan)
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Application Mode: Offline
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Support Objective: To provide financial relief without burdening beneficiaries with interest
Benefits for Cooperative Societies
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Loan Amount: Avail financial assistance up to ₹45,000
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No Interest: The loan is completely interest-free
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Economic Empowerment: Helps citizens meet urgent financial needs or invest in livelihood enhancement
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Simplified Process: Easy offline application through cooperative societies
Eligibility Criteria
To avail of this interest-free loan scheme, applicants must fulfill the following conditions;
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Must be a permanent resident of Tamil Nadu
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Must be a registered member of a Large Sized Multi Purpose Cooperative Society
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Should express intent to avail the loan from their respective cooperative society
How to Apply – Offline Process
Step 1: Visit the Special Officer or designated office of the Large Sized Multi Purpose Cooperative Society in your area.
Step 2: Collect and fill out the application form accurately. Affix a passport-size photograph (signed across, if needed) and attach self-attested copies of the required documents.
Step 3: Submit the duly filled form and documents to the cooperative society’s office.
Step 4: Obtain an acknowledgment receipt containing details such as the date of submission, application number, and official stamp, which can be used to track your application status.
📍 For region-wise addresses and contact information of the cooperative societies, visit: https://www.rcs.tn.gov.in/mpd_cooperative_4.php
Essential Documents
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Identity Proof (Aadhaar Card, PAN Card, Voter ID, etc.)
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Address Proof (Ration Card, Utility Bill, etc.)
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Income Certificate / Proof of Employment (if applicable)
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Any other supporting documents as required by the society
Frequently Asked Questions (FAQs)
Q: What is the objective of this scheme?
To provide interest-free loans up to ₹45,000 to Tamil Nadu residents who are members of multipurpose cooperative societies.
Q: Who can apply for this loan?
Only registered members of Large Sized Multi Purpose Cooperative Societies in Tamil Nadu.
Q: What is the maximum loan amount offered?
The maximum loan amount is ₹45,000/-.
Q: Is there any interest charged on the loan?
No, the loan is completely interest-free.
Q: What documents are required to apply?
Identity proof, address proof, income/employment proof (if applicable), and any other documents requested by the society.
Q: How can an applicant apply for the loan?
By visiting the concerned cooperative society office and submitting a physical application form.
Q: Is there an age limit to avail of this scheme?
No specific age limit is mentioned, but the applicant should be eligible for a loan as per the cooperative society’s internal policies.
Q: Are there any community-specific criteria for eligibility?
No. The scheme is open to all eligible members, irrespective of community, provided they meet residency and society membership criteria.
