IT Saksham Yuva Scheme 2026

Pregnant women in Tamil Nadu can get financial help of up to ₹2,000 through Self Help Groups Read More... for maternity expenses, with an 11% interest rate. Read less

Details

Navigating pregnancy and childbirth can come with unexpected costs. To help pregnant women in Tamil Nadu manage these expenses, the Co-operation, Food and Consumer Protection Department has introduced a special loan facility through District Central Cooperative Banks and their branches. This scheme aims to provide much-needed financial support, especially for those who are part of Self Help Groups (SHGs).

What Is This Scheme?

This initiative, offered by District Central Cooperative Banks in Tamil Nadu, provides a loan specifically for maternity-related needs. The loan is channelled through Self Help Groups, making it accessible to women who are part of these community savings and support networks. The goal is to ease the financial burden during this important phase of a woman's life.

Who Can Benefit From This Scheme?

The scheme is designed for pregnant women residing in Tamil Nadu. A key aspect is that the loan is disbursed through Self Help Groups, so being a member of an SHG is essential to access this financial assistance.

Why This Scheme Is Important

Maternity care is crucial, and this loan helps ensure that financial constraints do not prevent women from getting the necessary support during pregnancy and childbirth. By offering a modest loan amount at a reasonable interest rate, the scheme empowers women and promotes their well-being and that of their newborns.

Objective

Pregnant women in Tamil Nadu can get financial help of up to ₹2,000 through Self Help Groups for maternity expenses, with an 11% interest rate.

Benefits

Employment opportunities for unemployed youths.

Provides digital literacy and IT-related skills to improve employability.

Eligible candidates may receive an unemployment allowance.

Entrepreneurial/Startup support after successful completion of employment tenure of one year.

The eligible candidates who cleared/passed the exam will be given remuneration/allowance of ₹ 20,000/- pm (for first 6 months) / ₹ 25,000/- (7th month onwards).

Note:- However, if the candidate has cleared/ passed the assessment test and is awaiting deployment, the unemployment allowances of ₹ 10,000/- pm will be paid by the CRID.

Sources and references

Official Website

Eligibility Criteria

You must be a woman.
You must be currently pregnant.
You should be a resident of Tamil Nadu.
The loan must be used solely for maternity-related expenses.

How To Apply

Visit your nearest District Central Cooperative Bank branch.
Enquire about the maternity loan facility for Self Help Group members.
Fill out the application form accurately.
Submit the completed form along with all the required documents.
The bank officials will process your application.

For more details, you can contact the General Manager or Special Officer at your nearest cooperative bank branch.

Documents Required

Proof of identity (e.g., Aadhaar Card, PAN Card)
Proof of address
Proof of maternity (e.g., a doctor's certificate confirming pregnancy)
Any other documents as may be required by the bank.

FAQ’s

Can this loan be used for any purpose, or is it only for pregnancy-related costs?

No, this loan is exclusively for maternity-related expenses. It cannot be used for other personal needs.

What is the maximum amount of money I can borrow for maternity expenses?

The maximum loan amount available under this scheme is ₹2,000/-.

Who is eligible to apply for this maternity loan?

This loan is for pregnant women who are residents of Tamil Nadu and are members of a Self Help Group.

What is the interest rate on this loan?

The current interest rate for the loan is 11%. However, please be aware that this rate can change.

Where can I go to apply for this loan?

You need to visit the nearest District Central Cooperative Bank branch to apply for this loan.

What specific documents do I need to bring when I apply?

You will need to provide proof of identity (like Aadhaar or PAN card), proof of your address, and proof of your pregnancy. The bank might also ask for other documents if needed.

Is there a specific income requirement to get this loan?

The scheme details provided do not mention any specific income limit for applicants.

If I have questions, who should I contact?

For any further clarification, you can reach out to the General Manager or the Special Officer at your local cooperative bank branch.

What is the main goal of this maternity loan scheme?

The main aim is to provide financial assistance to pregnant women through their Self Help Groups to cover maternity-related costs, with a loan limit of ₹2,000/- and an 11% interest rate.

Is the loan amount of ₹2,000/- fixed, or can it be more?

The loan amount is fixed; the maximum you can borrow under this scheme is ₹2,000/-.