Tamil Nadu Gold Loan Waiver Scheme 2022 [Loan Apply]

Tamil Nadu Gold Loan Waiver Scheme 2021 (Application form, how to apply, Official Website, Last Date, List, Documents, Eligibility criteria, Toll free helpline Number)

Recently Tamil Nadu government has launched a loan waiver for the people of the state. The Chief Minister of the state Edappadi K. Palaniswami came up with 26th February, 2021. The name of the scheme is TN Jewel Loan Waiver Scheme. Under this scheme one has to mortgage the jewelry to get money against it. It will help the farmers and the women of self-help group. So, in this article you are going to get an idea of the scheme and how it will help the poor farmers.

Tamil Nadu Gold Loan Waiver Scheme 2021

Name of the scheme  Tamil Nadu Gold Loan Waiver Scheme
  Date of launch  26th February, 2021
Launched in  Tamil Nadu
Launched byChief Minister of Tamil NaduEdappadi K. Palaniswami
Target people  Farmers and the women of SHG

Key features of Tamil Nadu Gold Loan Waiver Scheme

  • Objective of the scheme- It will help the farmers and women by reducing the loan from the target people. It will improve their overall condition.
  • Incorporation of 6 banks– The state government has included 6 sovereign banks from which this loan waiving will be availed.
  • Number of beneficiaries-Currently, there are 1 lakh SHGs are working in the state and there are around 15 lakh women who are the members of those groups.

Tamil Nadu Gold Loan Waiver Scheme Eligibility criteria

  • Domicile of Tamil Nadu- In order to get the benefit of the scheme one has to be the domicile of the state.
  • Poor Women Members of SHGs-As per the authority, the poor women who are the members of self-help group will be able to enjoy the benefit of loan waiving given by the state government of Tamil Nadu.
  • Farmers / Agricultural Laborers- The people who are associated with farming and other agricultural activities they are eligible to get the benefit of the scheme.
  • Bank account- As the money will be transferred directly to the bank account so the candidate has to have a bank account.

Tamil Nadu Gold Loan Waiver Scheme Required documents

  • Address proof– In order to apply for the scheme one needs to provide address proof to the authority at the time application.
  • Identity proof- The applicant must have Aadhar card as that will be the id proof to the bank.
  • Land record- For the farmers, they need to submit the details of their land record.
  • SGH card- The poor women who are associated with self-help group will have to submit the card at the time of application for loan.

How to apply for Tamil Nadu Gold Loan Waiver Scheme

The government has launched scheme recently right before the announcement of election schedule, so they have not been declared any process. But, you can contact the nearest co-operative bank. If govt. declares anything you will be updated on this page.

Lastly, it is clear that the loan waiving scheme will help the farmers of the state who are into small to medium farming. Besides farmers, the poor women in the state will also get the benefit of the loan. The ongoing pandemic has affected many of the people and with the help of the scheme it will give you a good lifestyle. It will help them to clear their dues that they could not do due to pandemic.


1.What is Tamil Nadu Gold Loan Waiver Scheme?

A.It is a loan waiving scheme.

2. Where did the scheme launch?

A. Tamil Nadu

3. Who are the beneficiaries?

A.Farmers of TN and women of SHG

4.Where to apply?

A.Contact with the co-operative bank

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