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

Thulir Scheme

 

Purpose

To extend financial assistance to technically qualified and experienced entrepreneurs for setting up of Micro and Small Enterprises including service sector.

 

Eligibility Norms

i.     Qualification & Experience:

  1. Degree – B.E./B.Tech./B.Pharm. in technical fields  as well as Catering  with  3 years experience  (or)

b.    Diploma in the above categories with 6 years experience

 

ii.   CIBIL score of Promoters should be 650 and above.

iii.  New units as well as existing units which are in existence for

less than 5 years (from the date of establishment).

Amount  of assistance Rs.50 lakhs to Rs.300 Lakhs
Promoter’s Contribution/ DER 25%/3.00:1.00
Repayment

Maximum of 7 years including moratorium period of 1   year.

 

Collateral Security Stipulated based on risk profile of the project
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