Petty Traders Loan
Supporting every small business journey with TNSC Bank. Start small, succeed big.
Hassle-free small business financing
Access upto ₹1L.
ROI as low as 10% p.a.*
Pay back in up to 50 weeks*
Purpose
- Working capital finance for petty traders and small businesses.
Eligibility
- Male / female residing, doing small business, or proposing to do small business.
Quantum
- Maximum ₹1,00,000.
Repayment Period
- Up to 50 weeks.
Conditions
- Loans up to ₹50,000: one surety. Loans above ₹50,000 up to ₹1,00,000: two sureties.
Eligible Amount
- First tranche (CIBIL 800–900 / 750–800 / 700–750 / 650–700 / 600–650): ₹60,000 / ₹50,000 / ₹40,000 / ₹30,000 / ₹20,000. Second tranche (closed on schedule): ₹90,000 / ₹80,000 / ₹70,000 / ₹60,000 / ₹50,000. Second tranche (closed, not on schedule): ₹70,000 / ₹60,000 / ₹50,000 / ₹40,000 / ₹30,000. Third tranche (on schedule): ₹1,00,000 / ₹1,00,000 / ₹90,000 / ₹80,000 / ₹70,000. Third tranche (not on schedule): ₹80,000 / ₹70,000 / ₹60,000 / ₹50,000 / ₹40,000.
Temporary Overdraft
Cover today's needs, repay tomorrow with TNSC Bank's Temporary Overdraft facility. Meet today's financial needs. Repay with ease tomorrow.
Quick cash-flow buffer
Access upto ₹1L.
ROI as low as 16% p.a.*
Pay back in up to 6 months*
Purpose
- To meet short-term, temporary liquidity needs against the account holder's standing.
Eligibility
- Current account holders with a satisfactory operating history.
Quantum
- Up to ₹1,00,000, as sanctioned by the Bank.
Repayment Period
- Short-term facility, repayable within up to 6 months.
Conditions
- Operated on a current account. The Bank may recall the facility if the account is irregular.
Overdue Interest
- Interest on overdue overdraft is charged at the contracted rate plus penal interest as prescribed by the Bank from time to time.
Overdue Calculation
- Overdue is calculated on the outstanding overdraft beyond the sanctioned period, on a daily-product basis.
Interest Rates
- Starting from 16% p.a., subject to change from time to time.
- See the full Interest Rates page →
Self Help Group
Every contribution counts. Every dream matters. Powered by TNSC Bank SHG Loans.
Powering Group Business.
Access upto ₹20L.
ROI as low as 10.5% p.a.*
Flexible Repayments.
Purpose
- Medical, education or small-business improvement.
Eligibility
- A SHG should consist of 10–20 members (no need for registration). Members should be aged 18–70 years, as approved by the Tamil Nadu Women Development Corporation (TNWDC). SB account in the name of the SHG with transactions for a minimum period of 6 months. SHG should become an Associate Member.
Quantum
- First dose: 6× corpus or a minimum of ₹1.50 lakh, whichever is higher.
Second dose: 8× corpus or a minimum of ₹3.00 lakh, whichever is higher.
Third dose: minimum ₹6.00 lakh, based on MCP and repayment history.
Fourth dose and above: above ₹6.00 lakh based on MCP and repayment history, up to a maximum of ₹20 lakh.
Repayment Period
- First dose: 24–36 months.
Second dose: 36–48 months.
Third dose: 48–60 months.
Fourth dose and above: 60–84 months.
Conditions
- Content to be updated from the existing TNSC Bank website.
Corpus Includes
- SHG savings, revolving fund, interest earned, other income, and NGO/institution contributions.
Interest Rates
- Interest rate: 10.5% p.a., subject to change from time to time.
- See the full Interest Rates page →
Plan ahead
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