VARIOUS FINANCIAL ASSISTANCE SCHEMES OFFERED BY TIIC - TERMS AND CONDITIONS.

S.No. Scheme Promoter Contribution Term Loan Collateral Security Rate of Interest Repayment Period
1 General Scheme
subsidy area
Non- subsidy area

35 %
25%

75%
65%
50 % of Loan 16.00 % 7 years
2 Transport Scheme 15% 85% 50 % of Loan 13.5 % upto Rs 2 lakhs & 16 % for above this 56 months
3 Hotel (to promote tourism) 35% 65% 50 % of Loan 16 % 7 Years
4 Single Window Scheme 25% T.L & WC depending on turnover 50 % of Term Loan 100 % of WCT Loan 16 % T.Loan-7 year
Wor.cap- 5 years
5 National Equity Fund Scheme 10% TL 65 %
Soft Loan 25 % or 2.5 lakh
50 % of Term Loan & Soft Loan. T.Loan- 6 % S.Loan -1 %. T. Loan - 7 years
S. Loan - 5 yrs
6 Storage godown 35% 65 % 50 % of loan 16 % 5 years
7 Technology Development and Modernisation 20% 80 % 50 % 13 % 5 years
8 Computer Training Centre 35% 65 % minmum Rs.15 lakhs 100 % of loan 16 % 3 years
9 Generator Scheme 25% T L 60 % Subsidy 15% 50 % of loan 16 % 6 ½ years
10 Mahila Udayam Nidhi Scheme 10% TL- 65 % Soft Loan 25 % or Rs. 2.5 lakh 50 % of Term Loan and Soft Loan TL 16 % S L 1% 7 years