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

DETAILS 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. BENEFITS Access to Loan: Up to ₹2,00,000/-. Interest Rate: 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.