The Tamilnadu Industrial Investment Corporation Ltd
(A Government Of Tamil Nadu Undertaking)
The Growth Catalyst

Latest News & Events

75th Annual General Meeting – Notice

NOTICE is hereby given that the 75th Annual General Meeting of the Company will be held at the Registered Office at No.692, Anna Salai, Nandanam, Chennai-600035 on Monday, the 30th September, 2024, at 12.00 Noon… click here for more details


SPECIAL BUSINESS CAMPAIGN

TIIC is conducting “Special Business Campaign 2024-25” from 19/08/2024 to 13/09/2024.  For application received during this period, 50% concession in processing/Investigation fee will be given. Contact nearest branch for further details.


RECRUITMENT NOTIFICATION BY TNPSC

TIIC referred to TNPSC for filling up the post of Assistant Grade-III.  TNPSC has invited application through online mode upto 19.07.2024 for the said post vide notification No.8/2024 dt.20.06.2024 (Sl.No.36).  For further details viz. submission of application, qualification, age etc. refer the recruitment notification published on TNPSC website “www.tnpsc.gov.in”.



Refund of Examination application fees

TIIC invited applications for recruitment through IBPS from eligible candidates for the posts of Manager(Finance), Manager(Legal), Senior Officer(Finance), Senior Officer(Technical) and Senior Officer(Legal) vide Notification No.1/TIIC/2021 dt.15.08.2021. Subsequently the Government of Tamil Nadu have issued Government Gazette – Extraordinary No.83 dated 31.01.2022 and G.O.(MS) No.30, Human Resource Management (M) Department dt. 17.03.2022, advised TIIC to approach TNPSC for recruitment. Hence, the recruitment process initiated earlier with IBPS was stopped and it is proposed to refund the application fees which were collected from the candidates. The candidates who applied earlier through IBPS are requested to click here to enter the Bank details for refund of the application fees.

Date of opening of link:    06.06.2024
Date of closing of link:     05.07.2024    31.07.2024 (Link reopened)
Note:

  1. After the closure of above link on 31.07.2024, no further requests will be entertained from the candidates for the refund of application fees.
  2. The candidates are requested to fill in and check your account details properly before submitting it. The Tamilnadu Industrial Investment Corporation is not responsible for any wrong refund made due to wrong account details provided by the candidates.

RECRUITMENT NOTIFICATION BY TNPSC

TIIC referred to TNPSC for filling up the post of Senior Officer (Legal) – 9 posts and Manager (Legal) – 2 posts.  TNPSC invited application through online mode upto 14.06.2024 for the said posts vide notification No.7/2024 dt.15.05.2024 (Sl.No.2 & 3).  For further details viz. submission of application, qualification, age etc. refer notification published on TNPSC website “www.tnpsc.gov.in”.


LOAN TO MSMEs UNDER FLOOD RELIEF SCHEME

TIIC has introduced a new loan scheme “Flood Relief Scheme for MSMEs” to support the MSMEs in the flood affected areas in the districts of Chennai, Kancheepuram, Tiruvallur, Chengelpattu, Tirunelveli and Tuticorin to meet the essential expenditure such as working capital to revive the industries.

Eligibility Criteria:

  • Unit was in operation as on 30.09.2023
  • All MSMEs in manufacturing & services activity involving machinery/ equipments (excluding Trading activity & transport operators) located in the flood affected areas in the above districts.

Quantum:  20% of Turnover from 01.04.2023 to 30.09.2023 subject to a minimum of Rs.50,000 to maximum of Rs.3.00 lakhs
Rate of interest:   6.00% p.a.
Scheme validity:  Extended upto 15.02.2024
Repayable in 18 months after a holiday period of 3 months (Please ensure prompt repayment of loan to improve your CIBIL score)

For instructions on how to apply,  Click here


Mandatory filing of Industrial Entrepreneurial Memorandum (IEM) while applying for Subsidies.


Assistance to Entrepreneurs

TIIC through its various schemes provides entrepreneur loans for business in Tamil Nadu. It provides short term business loans to meet your working capital requirements. It also provides small business loans to facilitate MSME industries in the State.

Revised Classification of MSMEs applicable with effect from 1 July 2020

For more details, please click here


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Interest subvention for MSMEs: Govt. to include Co-operative Banks as Eligible Lending Institutions

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Centre agrees to waive interest on interest during moratorium for individual, MSME loans up to Rs.2 crore

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MSME ministry asks corporates to clear dues of small units on priority

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Construction and manufacturing could be our growth propellants

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NEED Scheme

The NEEDS Scheme is promoted by the Directorate of Industries and Commerce, Government of Tamil Nadu for providing opportunities for young / new educated entrepreneur with subsidy and support for starting a new venture. The scheme mainly target educated youth with any Degree, Diploma, ITI / Vocational Training from recognized Institutions.TIIC, the ideal destination for business loans in Tami Nadu , also acts as the nodal agency for Government Subsidies for customers availing loan for business.

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Track your Application

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Appraisal process

Easy steps that guide you to process your online Loan Application. visit below link. 

Your Success Our Story

TIIC Success Data

1.27 lacs

MSME Units

19,444 Cr

Investment Catalyzed

99458

Employment Generated

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