The Tamilnadu Industrial Investment Corporation Ltd
(A Government Of Tamil Nadu Undertaking)
Funding Success...

Godown Scheme

 

Objective To provide warehouse/storage facility predominantly for storing goods manufactured by SSI units thereby providing necessary infrastructural facility to this sector including open stockyards, container parks, etc.
Eligibility

a. Prop./Partnership/Corporate bodies are eligible.

Urban and semi urban places proximate to ports, railway stations and industrial estates.

Purpose Construction of godown building, purchase of land on merits, purchase of equipments such as overhead cranes, fork lifts, weighing machines, cold storage facilities.
Project Cost Need based
Maximum Loan Rs. 250 Lakh
Promoter’s Contribution 33 1/3 % (minimum)
Repayment Period Maximum of 9 years including moratorium upto 2 years.
Collateral Security As applicable for regular term loan.
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