Registration of Application

1. Application form: The entrepreneurs shall apply in the prescribed application form obtained from Head Office or Branch Offices of the Corporation on free of cost together with the particulars required for the processing of the Application.  It can also be downloaded from our website http://www.tiic.in/appln_download.html.

2. Registration Fees:  The applicant has to remit Registration Fees at the time registration of the application. The Registration Fee is Rs.10,000/- for loans to be considered by Branch Sanction Committee (BSC) / Regional Level Sanction Committee (RLSC)  for loans above Rs.10.00 lakhs.. In respect of loans to be considered by EC / Board at Head Office, the Registration Fees is Rs.50,000/-.

3. Investigation Fees : The Investigation fees is inclusive of Registration Fees and is payable by the applicant before the loan proposal is placed in the respective sanction committee. 

INVESTIGATION FEE STRUCTURE WITH EFFECT FROM 01.04.2016 

FOR TERM LOANS

Amount of Loan Applied

Investigation Fees (Rs.) (Incl. Registration Fee)
For Auto Rickshaw 1,000/-
Upto Rs.10.00 lakhs 5,000/-
Above Rs.10.00 lakhs and upto Rs.50.00 lakhs 15,000/-
Above Rs.50.00 lakhs and upto Rs.100.00 lakhs 40,000/-
Above Rs.100.00 lakhs and upto Rs.200.00 lakhs 50,000/-
Above Rs.200.00 lakhs and upto Rs.300.00 lakhs 60,000/-
Above Rs.300.00 lakhs and upto Rs.5000.00 lakhs @ 0.20% of the loan applied subject to ceiling of Rs.10,00,000/-
 

FOR BILL FINANCE SCHEME - TWAD

Amount of Limit Applied Investigation Fees
Upto Rs.500.00 lakhs 0.2% on Limit applied subject to a minimum of Rs.5,000/- and a maximum of Rs.1,00,000/-
Above Rs.500.00 lakhs and Upto Rs.5000.00 lakhs 0.3% on Limit applied subject to a ceiling of Rs.15.00 lakhs

Renewal Fees for Bill Finance Scheme - TWAD:

Amount of Limit Applied Renewal Fees
Upto Rs.500.00 lakhs 0.1% on Limit applied. 
Above Rs.500.00 lakhs and Upto Rs.5000.00 lakhs 0.2% on Limit applied subject to a ceiling of Rs.15.00 lakhs

 

FOR BILL FINANCE SCHEME - TNEB

Amount of Limit Applied Investigation Fees
For all Limits 1% on the limit applied subject to a ceiling of Rs.15.00 lakhs.

Renewal Fees for Bill Finance Scheme - TNEB

Amount of Limit Applied

Renewal Fees

Limit to be renewed without enhancement 0.50% of Limit to be renewed without enhancement subject to a ceiling of Rs.15.00 lakhs.
Limit to be renewed with enhancement 0.75% of Limit to be renewed with enhancement subject to a ceiling of Rs.15.00 lakhs.

Page modified on 24.06.2016

 

 

[About Us] [Financial Assistance] [
Incentives/Subsidy] [Guidelines] [Applications]
[TIIC Offices] [Glimpse] [Disclaimer] [Home]