TIIC Take Over Scheme is a loan from Tamilnadu Industrial Investment Corporation Ltd (TIIC), Government of Tamil Nadu undertaking for mSMEs in operation 3+ years with standard-asset accounts, net profits for 3 years and TIIC-PB or better credit rating that want to take…. It provides Up to ₹25 L. Applications are currently open.
Key facts
| Amount / benefit | Up to ₹25 L |
|---|---|
| Provider | Tamilnadu Industrial Investment Corporation Ltd (TIIC), Government of Tamil Nadu undertaking |
| Where | Tamil Nadu |
| Stage | Growth, Scale |
| Deadline | Applications open |
What is TIIC Take Over Scheme?
TIIC Take Over Scheme — From ₹25 lakh; upper limit need-based — MSMEs in operation 3+ years with standard-asset accounts, net profits for 3 years and TIIC-PB or better credit rating that want to take over term loans from other banks/FIs or replace high-cost borrowing. It is run by Tamilnadu Industrial Investment Corporation Ltd (TIIC), Government of Tamil Nadu undertaking.
The support is delivered through the programme’s own structure, and the form it takes is set by the issuing authority. The amount and form of support that actually apply to you depend on the programme’s rules and how your application is assessed — they are not fixed for every applicant.
Like most government programmes, it has its own eligibility conditions, documentation and application window, and these terms are revised from time to time. Because of that, it is worth confirming the current eligibility, amount and deadline on the official programme page before you invest time in applying.
Who is eligible for TIIC Take Over Scheme?
MSMEs in operation 3+ years with standard-asset accounts, net profits for 3 years and TIIC-PB or better credit rating that want to take over term loans from other banks/FIs or replace high-cost borrowing. Not for: Units restructured in the preceding 3 years; non-MSMEs..
How much does TIIC Take Over Scheme give, and in what form?
Up to ₹25 L.
Frequently asked questions
Who runs this programme?
TIIC Take Over Scheme is offered by Tamilnadu Industrial Investment Corporation Ltd (TIIC), Government of Tamil Nadu undertaking. Eligibility and approval rest with them; the criteria and amounts are set by the programme.
Is there a deadline to apply?
Programmes like this can be rolling or time-bound. Confirm the current window on the official programme page before you apply.
How do I know if I’m eligible?
Read “Who can apply” above for the programme’s own criteria. If you’d like a quick read on your specific case, our free 2-minute eligibility check maps your stage, sector and revenue to what you can realistically claim.
Related programmes
Browse similar loan programmes. See all tamil nadu startup and msme schemes. CapEasy handles this under Working-capital loan advisory.
Source and verification
No official page is linked for this programme yet. Verification date pending. Government programmes change — confirm current eligibility, amounts and deadlines on the official programme page before you apply. CapEasy is a private consultancy and is not affiliated with any government authority.