What you get
- Access to Micro-Loan: ₹100/- to ₹5,000/-. - Interest Rate: 11% (subject to change).
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the objective of this scheme?
The scheme provides revamped micro credit loans through District Central Cooperative Banks to support women vendors selling flowers, vegetables, fruits etc. Loans range from [?]100/- to [?]5,000/- with an interest rate of 11%.
What is the purpose of the loan?
The purpose of this loan is to provide financial support to women vendors engaged in selling flowers, vegetables, fruits, and other similar products.
Who is eligible to apply for this loan?
Women vendors involved in selling flowers, vegetables, fruits are eligible to apply.
What is the maximum amount of loan available?
The maximum amount of loan available under this scheme is [?]5,000/-.
What is the interest rate for the loan?
The loan has an interest rate of 11%, which is subject to change based on bank policies.
Is there any age limit for applicants?
The scheme does not specify an age limit for applicants.
What documents are required to apply for the loan?
Applicants are required to submit identity proof, address proof, and proof of vending activity (if necessary).
How can applicants apply for the loan?
Applicants can visit the nearest District Central Cooperative Bank branch to apply for the loan.
Is this financial support provided as a grant or loan?
This scheme provides financial support in the form of a loan, not a grant.
Is this scheme available at all branches of the District Central Cooperative Banks?
Yes, this scheme is available through all District Central Cooperative Banks and their branches.