The Small Road Transport Operators (SRTO) Loan is a financial scheme designed to support small-scale road transport operators. It is sponsored by the state government and offered through District Central Cooperative Banks and their branches.

Under the SRTO Loan scheme, the maximum loan amount an applicant can receive is ₹10,00,000/-.

The interest rate for the SRTO Loan is set at 13%. However, this rate is subject to change depending on government policies and market conditions.

Any citizen with a valid purpose related to small road transport operations can apply for this loan.

There is no specific age limit mentioned for this scheme. Any eligible citizen can apply.

Applicants need to visit the nearest District Central Cooperative Bank branch.

The SRTO Loan is primarily intended to support small-scale road transport operators who need financial assistance.

The time taken for processing and approval depends on the completion of document verification and internal procedures at the respective bank branch.

If an application is rejected, the applicant can request feedback on the reason for rejection. They can rectify any issues with documentation or eligibility and reapply if possible.

There is no fixed validity period mentioned for the SRTO Loan scheme. It remains in effect until further notice or updates from the bank or state government.