Sarkari Yojana
District Central Cooperative Banks and through its Branches: For Consumer Durables T.V., Fridge and Two Wheelers Loan
About District Central Cooperative Banks and through its Branches: For Consumer Durables T.V., Fridge and Two Wheelers Loan
The Co-operation, Food and Consumer Protection Department, Tamil Nadu, launched the “District Central Cooperative Banks and through its Branches: For Consumer Durables T.V., Fridge and Two Wheelers Loan” scheme to finance purchases of consumer durables such as T.V.s, refrigerators and two-wheelers. Borrowers can get up to 75% of the product cost with no upper ceiling, at a 14% interest rate (subject to change).
Scheme Overview
State Government
Individual
Scheme Details
Eligibility Requirements
To qualify for District Central Cooperative Banks and through its Branches: For Consumer Durables T.V., Fridge and Two Wheelers Loan, applicants must satisfy the following conditions:
Only Tamil Nadu residents may borrow
Only Tamil Nadu residents may borrow.
The loan may be used solely for Consumer…
The loan may be used solely for Consumer durables like a T.V., Fridge or two wheelers.
Benefits Provided
District Central Cooperative Banks and through its Branches: For Consumer Durables T.V., Fridge and Two Wheelers Loan provides the following benefits to eligible applicants:
Access to Loan:
Financing of 75% of the price of the consumer durable.
Interest Rate:
14% (subject to change).
Documents Required
Applicants should keep the following documents ready before starting the application:
A document proving identity (Aadhaar, PAN card, etc.)
A document proving identity (Aadhaar, PAN card, etc.).
A document confirming the residential address
A document confirming the residential address.
A price estimate or invoice for the product
A price estimate or invoice for the product.
Any other documents (if the bank requires)
Any other documents (if the bank requires).
How to Apply
Offline Application
Applicants can apply for District Central Cooperative Banks and through its Branches: For Consumer Durables T.V., Fridge and Two Wheelers Loan through the offline application process outlined below.
Application Process
Step-1: Pick up an application form at the District Central Cooperative Banks or any of their branches. Step-2: Enter details in all the mandatory fields, fix a passport-sized photograph (signed across, if required) and enclose copies of the required documents (self-attested, if required). Step-3: Present the signed and completed form, with documents, to the authority concerned. Step-4: Ask for a receipt or acknowledgment carrying the date and time of submission and a unique identification number (if applicable).
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.