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LOAN TO MSMEs UNDER FLOOD RELIEF SCHEME
TIIC has introduced a new loan scheme “Flood Relief Scheme for MSMEs” to support the MSMEs in the flood affected areas in the districts of Chennai, Kancheepuram, Tiruvallur, Chengelpattu, Tirunelveli and Tuticorin to meet the essential expenditure such as working capital to revive the industries.
- Unit was in operation as on 30.09.2023
- All MSMEs in manufacturing & services activity involving machinery/ equipments (excluding Trading activity & transport operators) located in the flood affected areas in the above districts.
Quantum: 20% of Turnover from 01.04.2023 to 30.09.2023 subject to a minimum of Rs.50,000 to maximum of Rs.3.00 lakhs
Rate of interest: 6.00% p.a.
Scheme validity: Extended upto 15.02.2024
Repayable in 18 months after a holiday period of 3 months (Please ensure prompt repayment of loan to improve your CIBIL score)
For instructions on how to apply, Click here
RECRUITMENT NOTIFICATION BY TNPSC
TIIC referred to TNPSC for filling up the post of Manager (Finance) – 4 posts and Senior Officer (Finance) – 27 posts. TNPSC invited application through online mode upto 08.12.2023 for the said posts vide notification No.25/2023 dt.09.11.2023 (Sl.No.3 & 4). For further details viz. submission of application, qualification, age etc. refer notification published on TNPSC website “www.tnpsc.gov.in”.
RECRUITMENT NOTIFICATION BY TNPSC
TIIC referred to TNPSC for filling up the post of Senior Officer (Technical) – 8 posts. TNPSC invited application through online mode upto 11.11.2023 for the said post vide notification No.23/2023 dt.13.10.2023 (Sl.No.9). For further details viz. submission of application, qualification, age etc. refer notification published on TNPSC website “www.tnpsc.gov.in”.
SPECIAL BUSINESS CAMPAIGN
TIIC is conducting “Special Business Campaign 2023-24” from 21/08/2023 to 01/09/2023. For application received during this period, 50% concession in processing/Investigation fee will be given. Contact nearest branch for further details.
Mandatory filing of Industrial Entrepreneurial Memorandum (IEM) while applying for Subsidies.
- click here for IEM Registration
- click here for Frequently Asked Questions (FAQs)
- click here for updating your IEM Number with TIIC
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.
Revised Classification of MSMEs applicable with effect from 1 July 2020
For more details, please click here
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MSME ministry asks corporates to clear dues of small units on priority
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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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