Functions. TIIC as a State Level Financial Institution, offers long and medium term financial assistance to various industries including service sector in the following forms: Term Loans. Term Loan and Working Capital Term Loans under the Single Window Scheme.
Also asked, how can I get business loan from Tamilnadu government?
How to apply for Tamil Nadu Government Loan Scheme for Small Business?
- Fill up the complete application form.
- Gather all the necessary documents, as per list in the application form.
- Submit the application to the General Manager, District Industries Centre.
- You can also submit the application online.
Subsequently, question is, how many sipcot are there in Tamilnadu?
WELCOME TO SIPCOT!
SIPCOT has so far developed 21 Industrial Complexes in 12 districts and 7 Sector Specific Special Economic Zones (SEZs) across Tamil Nadu. SIPCOT also acts as a Nodal Agency of Government of Tamil Nadu in the sanction / disbursement of Structured Package of Assistance to large industrial units. Which is the Tamil Nadu Industrial Development Agency?
Tamilnadu Industrial Development Corporation Limited is a premier industrial development agency of the Government of Tamil Nadu, established in 1965. TIDCO is also the Nodal Agency for the development of various industrial corridor projects in Tamil Nadu.
Which bank is best for business loan in Tamil Nadu?
Best Lender for Business Loans
Entrepreneurial citizens can look for the best lenders which include Citi bank, HDFC, Axis bank and Shriram Finance. In general interest rates vary between 12% - 24% per annum. The tenure varies between 1 – 5 years for short term loans while it is a maximum of 15 years.