IFSC Code : TNSC0010600

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MDCC Bank TABCEDCO Loans

Supporting Economic Development for Backward Classes

MDCC Bank is proud to offer TABCEDCO (Tamil Nadu Backward Classes Economic Development Corporation) Loans, aimed at empowering individuals from backward classes in Tamil Nadu. These loans are designed to provide financial assistance for various purposes, including business expansion, education, and housing, ensuring inclusive growth and development.

Key Features of MDCC Bank TABCEDCO Loans:

  • Affordable Interest Rates: Enjoy competitive interest rates @5%* tailored to make borrowing cost-effective.
  • Flexible Loan Amounts: Avail loans ranging from Rs.25,000 to Rs.20 lakhs, ensuring sufficient financial support.
  • Convenient Repayment Tenure: Choose from a range of repayment periods that align with your financial plans.
  • Quick Processing: Benefit from fast approval and disbursal processes.
  • Government-Backed Scheme: Leverage the security and reliability of a loan scheme backed by the Tamil Nadu government.

Eligibility Criteria:

  • Residency: Applicants must be residents of Tamil Nadu.
  • Backward Class Status: Applicants should belong to the backward classes recognized by the Tamil Nadu government.
  • Age: Individuals aged 18 to 60 years.
  • Purpose: Loans can be availed for business, education, housing, or other approved purposes.

Documents Required:

  • Identity Proof: Aadhaar, Passport, PAN card, Voter ID, or Driving License.
  • Address Proof: Utility bills, Aadhaar, Passport, or Rental agreement.
  • Community Certificate: Certificate proving backward class status.
  • Purpose-Specific Documents: Depending on the loan purpose, such as business registration, admission letter, or property documents.
  • Photographs: Recent passport-sized photographs.

How to Apply:

  1. Visit Our Branch: Walk into any MDCC Bank branch for personalized assistance.
  2. Call Us: Reach out to our customer service for guidance and support.

Why Choose MDCC Bank for TABCEDCO Loans?

  • Inclusive Financing: Dedicated financial solutions to support the backward classes in Tamil Nadu.
  • Customer-Centric Approach: Customized loan options to meet your unique needs.
  • Transparency: Clear terms with no hidden charges, ensuring complete transparency in all dealings.
  • Dedicated Support: Relationship managers to assist you throughout the loan process.

Empower your future with MDCC Bank TABCEDCO Loans. Apply now to achieve your financial goals with ease!

1 Loan Amount Up to Rs.10,00,000/-
2 Loan Term 36 Months.
3 Rate of interest. 6%