Interest Rate for Fixed Deposits

TIIC has revised the rate of interest for fixed deposits for both cumulative and non-cumulative deposits with effect from 01.12.2024. The minimum deposit amount has been revised to Rs.10 lakhs. Please click here for more details.

RECRUITMENT  – On Contract Basis

Applications are invited through ONLINE mode only for appointment of 9 Senior Officers (Finance) and 7 Senior Officers (Technical) purely on contract basis for a period of TWO years.  Please click here for further details and to apply for the same.

The last date for submission of online applications is 05.01.2025.

SPECIAL BUSINESS CAMPAIGN

TIIC is conducting “Special Business Campaign 2024-25” from 19/08/2024 to 13/09/2024.  For application received during this period, 50% concession in processing/Investigation fee will be given. Contact nearest branch for further details.

RECRUITMENT NOTIFICATION BY TNPSC

TIIC referred to TNPSC for filling up the post of Assistant Grade-III.  TNPSC has invited application through online mode upto 19.07.2024 for the said post vide notification No.8/2024 dt.20.06.2024 (Sl.No.36).  For further details viz. submission of application, qualification, age etc. refer the recruitment notification published on TNPSC website “www.tnpsc.gov.in”.

Refund of Examination application fees

TIIC invited applications for recruitment through IBPS from eligible candidates for the posts of Manager(Finance), Manager(Legal), Senior Officer(Finance), Senior Officer(Technical) and Senior Officer(Legal) vide Notification No.1/TIIC/2021 dt.15.08.2021. Subsequently the Government of Tamil Nadu have issued Government Gazette – Extraordinary No.83 dated 31.01.2022 and G.O.(MS) No.30, Human Resource Management (M) Department dt. 17.03.2022, advised TIIC to approach TNPSC for recruitment. Hence, the recruitment process initiated earlier with IBPS was stopped and it is proposed to refund the application fees which were collected from the candidates. The candidates who applied earlier through IBPS are requested to click here to enter the Bank details for refund of the application fees.

Date of opening of link:    06.06.2024
Date of closing of link:     05.07.2024    31.07.2024 (Link reopened)
Note:

1. After the closure of above link on 31.07.2024, no further requests will be entertained from the candidates for the refund of application fees.
2. The candidates are requested to fill in and check your account details properly before submitting it. The Tamilnadu Industrial Investment Corporation is not responsible for any wrong refund made due to wrong account details provided by the candidates.

RECRUITMENT NOTIFICATION BY TNPSC

TIIC referred to TNPSC for filling up the post of Senior Officer (Legal) – 9 posts and Manager (Legal) – 2 posts.  TNPSC invited application through online mode upto 14.06.2024 for the said posts vide notification No.7/2024 dt.15.05.2024 (Sl.No.2 & 3).  For further details viz. submission of application, qualification, age etc. refer notification published on TNPSC website “www.tnpsc.gov.in”.

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.

Eligibility Criteria:

• 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

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.