விரைவு இணைப்பு
Flexi Working Capital Term Loan Scheme
Objective |
Short term business loan intended to extend financial assistance to assisted and non assisted units in Manufacturing & Processing sectors including Rice Mill Units to meet their working capital / additional working capital requirements. |
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Eligibility Norms |
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Quantum of Assistance | Maximum: Rs.200.00 lakh per unit. | |
Promoter’s Contribution | 25% of the working capital assessment. | |
Debt Equity Ratio | 2 : 1 | |
Repayment | 42 months including a moratorium of 6 months (for first time assistance only). For subsequent assistance moratorium period shall not be given. | |
Quantum of Collateral Security | Category of Units | % of Collateral |
Assisted & Non-assisted units of TIIC without any bank finance | 125% | |
Assisted and Non-assisted units of TIIC with Bank finance | 150% |