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CORUS – Covid Relief and Upliftment Scheme
Dear Customers, to provide helping hand to our assisted units to face the prevailing challenge against Covid 19, TIIC has formulated a special package COVID Relief and Upliftment Scheme (CORUS) to ease the fund flow to meet emergent fund requirements for expenses related to capital expenditure and working capital needs.
Moratorium till 31.05.2020
Dear Customers, to ease out your financial stress caused by COVID-19, TIIC offers you a choice to continue to make payments towards your loan or opt for a moratorium till 31-05-2020 as announced by Reserve Bank of India. Please click here to opt your choice for moratorium.
Business Boost Campaign
TIIC Presents “Business Boost Campaign(BBC) with 6% Interest Subvention” from 20.01.2020 to 31.01.2020. For applications received during this period, 50% concession in processing fee will be given. Contact the nearest Branch for further details.
Assistance to Entrepreneurs
TIIC through its various schemes provides entrepreneur loans for business in Tamil Nadu. It provides short term business loans to meet your working capital requirements. It also provides small business loans to facilitate MSME industries in the State.
Recruitment of Chief Financial Officer
Applications are invited for the post of Chief Financial Officer (On Contract Basis)
The completed application shall be forwarded to
The Managing Director, The TIIC Limited, New No.692, Anna Salai, Nandanam, Chennai 600035.
Government of Tamilnadu Announces 6% Interest Subvention to Micro & Small Enterprises Availing Loans from TIIC
For more details, please contact your nearest branch
Government to soon launch portal to boost innovation in MSME sector
Simpler set of laws soon for MSME sector
RBI panel suggests measures to boost MSMEs
MSMEs, India’s growth engine, face a Rs 16 lakh crore credit gap
Govt asks public sector banks to analyse MSME credit woes
RBI panel recommends doubling collateral-free loans for MSMEs
India’s export basket shows a welcome tilt to higher value-added manufacturing, tech driven items: RBI
The NEEDS Scheme is promoted by the Directorate of Industries and Commerce, Government of Tamil Nadu for providing opportunities for young / new educated entrepreneur with subsidy and support for starting a new venture. The scheme mainly target educated youth with any Degree, Diploma, ITI / Vocational Training from recognized Institutions.TIIC, the ideal destination for business loans in Tami Nadu , also acts as the nodal agency for Government Subsidies for customers availing loan for business.
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