Privileged Customer Scheme

Objective	To extend support to meet certain emergent and business related expenses.
Eligibility	The applicants should have been in active operation for the last three years at the time of approaching TIIC. They should have earned net profits in the last three financial years and should have positive networth and no cumulative losses. MSME and Large Enterprises assisted by the Corporation and are in Standard Assets category continuously for the last three FYs and the unit should have a repayment track record of atleast 12 principal installments (successive) to the Corporation besides the interest installments. The Applicant shall be offered Loan assistance under this Scheme only once in a Financial Year.
Purpose	Funding of Unforeseen /emergent, project specific and bonafide business expenditure.
Loan Limit	50% of the principal repaid or Rs.100.00 lakhs whichever is less can consider TL, WCTL and OTL for loan repayment.
Promoters Contribution	Nil
Debt Equity Ratio	2.50 : 1.00
Repayment Period	36 months (including moratorium period of 3 months)
Collateral Security	100%