Across Tamil Nadu, 1000 women will be provided with e-auto!!
Through District Central Cooperative Banks, 1000 women in Tamil Nadu would be receiving e-auto.
It is known to us that in TN the District Central Cooperative Banks operating under the Cooperative sector have been providing loans in several categories like agricultural loans, education loans, small business loans, jewellery loans etc.
Women self-help groups or SHG that work to improve the lives of women and play a significant role in society are being provided with generous loans.
It is now revealed that in Tamil Nadu as many as 1000 women (who are economically backward) would be provided with loans (up to Rs 3 lakhs) from the cooperative institutions to buy e-auto or electric auto. It is known that electric auto do not cause any harm to the environment.
Eligibility and conditions:
The women must be between the ages 25 and 45. Their CIBIL score must be more than 720. One important condition is that the loans must be repaid within 3 years of receiving the loan.
According to some officers from the Central Cooperative Bank it was clear that loan amount would be disbursed soon after the process gets completed. For details, District Central Cooperative Banks could be contacted.
