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Tamil Nadu Special Small Business Loan Scheme 2025– Recently the Northern Areas of Tamil Nadu has been hit by Cyclone Fengal and due to that various small business holders and vendors was heavily affected by that phenomenon. In order to provide them support and financial help to regain their income sources the Government of Tamil Nadu state has launched an initiative named Tamil Nadu Special Small Business Loan Scheme 2025.
Under this scheme the Government aims to provide financial help as a loan to all the small business vendors who got affected by the Cyclone. This Initiative will help the the victims to gain back their business so that they can revive and get stable. All those small vendors and business holders who got affected by the Cyclone they can visit the Official Website of this initiative and do registration under this scheme online.
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What is Special Small Business Loan Scheme 2025
The Government of Tamil Nadu has launched this Tamil Nadu Special Small Business Loan Scheme 2025 in order to provide help and financial support to all those small business vendors who got affected by the Cyclone Fengal that hit the Northern Parts of Tamil Nadu on 30th November. Areas that are affected by the phenomenon includes Krishnapuri, Dharmapuri, Kallakurichi, Villupuram and Tiruvannamalai and more. According to this initiative the Government will provide financial assistance in the form of loan to all the victims across the state.
The financial help provided by the Government will be given as a loan ranging from INR 10,000 to INR 100,000. The loan provided under this scheme will have very less interest rates comparing any other loans initiative. The Government will set up various camps across the Tamil Nadu State in order to provide loans to all the victims. With the help of this initiative the victims can restart their business and will get stable as before. By getting financial help provided under this scheme the small vendors will be able to regain their old work so that they can generate income and will pay the loans in small installments.
Objective of Tamil Nadu Special Small Business Loan Scheme
The main purpose behind launching this Tamil Nadu Special Small Business loan scheme is to provide support and help to all those small business vendors who got affected by the recent cyclone activity that caused heavy destruction in the Northern Areas of Tamil Nadu state. Under this scheme the Government aims to provide financial help and support in the form of Loans ranging from INR 10,000 to INR 1 Lakh to all the victims of the phenomenon. Applicants has to repay the loan with the lowest interest rate among all the other loan providing initiatives. This Initiative will help the the victims to gain back their business so that they can revive and get stable.
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Short Highlights of Special Small Business Loan Scheme
Key Highlights | Details |
Name of the Scheme | Tamil Nadu Special Small Business Loan Scheme |
Launched By | Tamil Nadu state government |
Launch Date | 2024 |
Announced By | Tamil Nadu State Chief Minister |
Purpose | Provide financial assistance |
Beneficiaries | Citizens of Tamil Nadu state |
Target Beneficiaries | Citizens were affected by the recent cyclone |
Advantage | Financial loan rending from INR 10000 to 1 lakh |
Eligibility Criteria | Small vendors affected by cyclone |
Required Documents | Aadhaar Card, Bank account, |
Application Process | Online |
Official Website | |
Financial Commitment | |
Expected Benefits | Total financial assistance of INR 10000 to 1 lakh |
Contact details |
Eligibility Criteria
- Applicants must be a permanent resident of Tamil Nadu State.
- Applicants must be victims of the Cyclone Fengal.
Salient Features
- The Government of Tamil Nadu will provide financial support to all the victims of the Cyclone phenomenon in the form of Loans.
- The Government will set up camps across the affected areas in Tamil Nadu in order to provide financial loans.
- The Authorities will provide loans ranging from INR 10,000 to INR 1 Lakh.
- With the help of this initiative the victims can restart their business and will get stable as before.
Camp Dates
- The Tamil Nadu Government will set up camps from 6th December to 12th December in the affected areas of the state.
Loan Amount
- The Authorities will provide loans ranging from INR 10,000 to INR 1 Lakh.
Required Documents
- Aadhar card
- Ration card
Tamil Nadu Special Small Business Loan Scheme 2025 Application Process
STEP 1: All the eligible citizens are requested to visit the Official Website of the scheme.
STEP 2: After reaching the homepage of the website applicants have to click on Apply Online button.
STEP 3: After that a new page with an application form will open here you have to enter all the details asked in the form and upload all the necessary required documents.
STEP 4: After entering all the details in the form you have to recheck the form and click on Submit button to complete the process.
FAQs
Which state launched the Tamil Nadu Special Small Business Loan Scheme 2025?
The Tamil Nadu state government launched this Special Small Business Loan Scheme.
What is the financial assistance provided under the Special Small Business Loan Scheme 2025?
The Authorities will provide loans ranging from INR 10,000 to INR 1 Lakh.
What is the date of camps under the Special Small Business Loan Scheme 2025?
The Tamil Nadu Government will set up camps from 6th December to 12th December in the affected areas of the state.