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The Objective of the Tamilnadu Industrial Cooperative Bank Ltd., is to provide financial assistance to the Industrial Cooperatives. Societies working under the administrative control of Industries commissioner & Director of Industries and Commerce and other Type of Cooperative Societies other than Indl. Coops. with the prior permission of the Industries commissioner & Director of Industries and Commerce.
Services
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Accepting Deposits from Public, From Govt., Institutions & Temples
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Loans and Advances to Industrial Coop. Societies
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Loans and Advances to Public
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Locker Facility
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Drafts, Bank Guarantee for Institutions.
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Providing Insurance Services
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Consultancy Service
Government Sponsored Schemes
Schemes |
Beneficiaries |
Loan Amount Outstanding Rs in Lakhs |
Purpose |
THADCO (31.01.2009) |
Financial assistance to
Adhi Dravida Auto drivers
With THADCO subsidy |
186 |
143.13 |
Purchase of
Autorickshaws |
TAMCO |
Financial assistance to
Minority Community Auto
Drivers with TAMCO
assistance |
674 |
271.01 |
- do - |
TABCEDCO (31.01.2009) |
Financial assistance to
Backward Class small
Entrepreneurs with
TABCEDCO Assistance |
148 |
129.26 |
- - |
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New schemes
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Extending Financial Assistance up to Rs. 25 lakhs for SSI Units. |
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Working Capital Loan up to Rs. 5 Lakhs for Entrepreneurs who owns processing units. |
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Urban housing Finance up to Rs. 25 Lakhs for purchase of new flats / house in the corporation areas. |
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Micro Credit facilities to women under co-operative fold |
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Formulating loan schemes for entrepreneurs of Most Backward and Backward communities from Economic assistance available for TABCEDCO. |
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Rural Employment Generation Programme of Khadi and village Industries (REGP). |
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For financing Micro and college units under Smart plus upto Rs 2 or h |
Source: http://taicobank.com
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