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General Term Loan Scheme

General Term Loan Scheme

scheme June 1, 2016 25 Views

The Government of Tamil Nadu had launched the general term loan scheme for the development of industries.

  • Aims to provide financial assistance to all types of industries and companies.
  • Aims to provide aid for construction of building, equipments, electrical etc.
  • Aims to provide purchase of land.

Eligibility:

  • All large /medium/small scale industries and services sector units are eligible for the financial assistance.
  • Proprietary/partnership concern, private/public limited companies.
  • PromoterΓÇÕs contribution shall be at least 35%

Benefits:

  • Industries and companies gets loan at low interest cost.
  • Up to 75% project cost funded by the government.

How to Avail:

People can contact:

The Tamil Nadu Industrial Investment Corporation Limited, 692, Anna Salai, Nandanam, Chennai-600035,Tamil Nadu,India.

Contact no-+91-044-24306100/+91-044-24331203

For more details click here