TAHDCO subsidy release pending for loan beneficiaries in Coimbatore

Several people in Coimbatore who have been sanctioned loans under subsidy-linked schemes of the Tamil Nadu Adi Dravidar Housing and Development Corporation (TAHDCO) are awaiting release of the subsidy, which is required for the loans to be disbursed.

Under the scheme, eligible beneficiaries can avail themselves of bank loans for income-generating activities, with TAHDCO providing a capital subsidy subject to the scheme’s limits. In cases where the subsidy is linked to the loan, its release is required for the loan to be availed of.