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2,340 Tamil Nadu Women Entrepreneurs to Get Rs 10L to Rs 5 Crore Loan Under New Scheme

The program offers loans from ₹10 lakh to ₹5 crore through TIIC and asks MLAs to identify 10 promising women in each constituency.

The loans carry an interest rate of 9.95% per annum on a diminishing balance basis, and can be repaid over a period of up to nine years.

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Women in Tamil Nadu who want to start or expand their businesses can apply for loans ranging from ₹10 lakh to ₹5 crore under a new state scheme. The scheme aims to improve women's access to financial assistance from banks and financial institutions. Ten women entrepreneurs will be identified in each assembly constituency. The government has asked MLAs to identify 10 potential women entrepreneurs in each of the state's 234 assembly constituencies…

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The Hindu broke the news in Chennai, India on Sunday, September 27, 2026.
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