The Tamilnadu Industrial Investment Corporation Ltd
(A Government Of Tamil Nadu Undertaking)
The Growth Catalyst

Privileged Customer Scheme



To extend support to meet certain emergent and business related expenses.

  1. The applicants should have been in active operation for the last three years at the time of approaching TIIC.
  2. They should have earned net profits in the last three financial years and should have positive networth and no cumulative losses.
  3. 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.
  4. 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%