Efforts on to increase personal loan ceiling to ₹3 lakh, says Tamil Nadu Minorities Economic Development Corporation Chairman

Steps are being taken to increase the ceiling of personal loan being given by Tamil Nadu Minorities Economic Development Corporation up to ₹3 lakh for the economic activities of the minorities, Chairman of the Corporation A.B. Thameem Ansari has said.

Speaking here on Thursday after disbursing assistance to beneficiaries from minority communities, he said loans with attractive interest rates were being given to members of the target groups to uplift their livelihood and economic conditions. Apart from personal loans, assistance for education and floating micro and small industries were also being given at competitive rate of interest. Hence, entrepreneurs and students from minority communities should make use of this assistance to improve their living standards.