Loan Assistance to Industries affected by Cyclone

Tamil Nadu Government to provide financial assistance for the rehabilitation of micro, small and medium enterprises affected by the recent heavy rains and floods. The Financial assistance will be given only to companies associated with manufacturing and service sectors. This Notification was published on the date of 10/01/2024.

Through this Scheme minimum financial assistance of 1 Lakh and maximum financial assistance of 3 Lakh will be provided at 6 % rate of interest. To get this financial help, the company should be in existence as on 30.09.2023 and have no capital and no collateral assets. A loan of up to 20 g as per UDIN along with half yearly income GST return or CA certificate for the period from 01.04.2023 to 30.09.2023 will be given with a maximum of three lakhs. This Scheme will be valid till 31.01.2024

RECENT UPDATES