Tamil Nadu Minorities Economic Development Corporation offering loan | Chennai News


CHENNAI: The Tamil Nadu Minorities Economic Development Corporation, an undertaking of the state government, is offering loans to beneficiaries belonging to religious minorities for self-employment.
According to a press release, the state-owned corporation is offering financial assistance under two schemes, to a maximum of Rs 20 lakh and Rs 30 lakh.
While the annual family income of applicants for the first scheme should not be more than Rs 1.2 lakh, the income ceiling for scheme II is Rs 8 lakh. Loan amounting up to Rs 10 lakh is also offered to craftsmen.
In a press release here, Chennai district collector Dr J Vijaya Rani said applications could be accessed through the portal https://chennai.nic.in/ and the filled-in applications could be submitted with necessary documents.

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