Telangana State Cooperative Apex Bank Ltd.

Overview

To creation of employment opportunities, either directly or indirectly, that generates income, (like firms running as small manufacturing units, shop keepers, fruits/vegetables sellers, hair-cutting saloon, beauty parlours, transporters, truck operators, hawkers, co-operative or body of individuals, food service units, small industries, artisans, food processers, professionals and service providers, tent house, scrap business, and other self-employment activities etc., in urban areas.)

  • The Maximum loan for individual & micro-enterprises cases is up to Rs 1,00,000/- (Rs. One Lakh only).
  • Max. Repayment period is up to 36 monthly instalments.
  • Collateral free loan.
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  • Part-Payment & Foreclosure Options

    Reduce financial burden with flexible prepayment options.

  • No Collateral Required

    Unsecured loan options available for eligible professionals.

  • Competitive Interest Rates

    Affordable rates to ensure easy repayment.

Eligibility
  • Purpose : Loans on financial assistance to individuals/groups of urban poor for setting up gainful self-employment ventures/ micro-enterprises, suited to their skills, training, aptitude and local conditions under Self Employment Programme (SEP) under Urban Self-Help Groups Financing (NULM)
  • Loan Limit : Upto Rs. 1.00 lakh
  • Repayment period :
    24 months for loan amount up to Rs.50,000/-
    36 months for loan amount above Rs.50,000/- to 1,00,000/-
  • Documents Required :
    1. Copy of Aadhar Cards & PAN Cards of the borrower & guarantors.
    2. Residential Proof and Address proof of the borrower.
    3. Letter from MEPMA Coordinator forwarding SEP loan application in the prescribed format (Annexure -3)
    4. After sanction of loan, the applicant shall have to provide agreement, Demand Promissory note and Surety bond.
Rates of Interest Based on CIBIL Score
S. No. Particulars Revised Rates of Interest Based on CIBIL score ranges
1 Self-Employment Programme 13.00%
How To Apply

Get a TGCAB Loan in 3 easy steps.

01. Get In Touch 24/7 Service

+040 24685660, +04023443812
18005998866

02. Visit Our Branch

Visit the nearest branch.

Find the nearest branch
03. Receive a Call Back

Our representative will contact you at the earliest.

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