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TANSTIA signed a MoU with SIDBI for MSME Loan services.
TANSTIA signed a MoU with SIDBI for MSME Loan services.
In a significant move to further enhance accessibility and streamline the loan application process for MSMEs, SIDBI has established a service desk at TANSTIA (Tamil Nadu Small and Tiny Industries Association) and the TANSTIA-FNF Service Centre.
This initiative is highly beneficial as it allows MSMEs to:
Submit Loan Applications Locally: Instead of visiting SIDBI branches, MSMEs can submit their loan applications directly at the association offices. This reduces travel time and logistical challenges, especially for smaller units in remote areas.
Receive On-Site Guidance: The presence of SIDBI representatives or trained personnel at these extension counters means MSMEs can receive immediate guidance on required documents, scheme eligibility, and application procedures. This personalized support can significantly improve the quality and completeness of applications, leading to faster processing.
Facilitate Processing: Having these counters at industry association offices streamlines the initial acceptance and processing steps. Associations often have a deep understanding of the local MSME ecosystem and can help bridge the gap between financial institutions and entrepreneurs.
Build Trust and Awareness: This collaboration fosters greater trust between MSMEs and SIDBI, as they can access financial services through familiar and reliable association platforms. It also increases awareness about SIDBI's various schemes among a wider base of MSMEs.
This strategic partnership with TANSTIA and TANSTIA-FNF Service Centre exemplifies SIDBI's commitment to making financing more accessible and user-friendly for MSMEs, thereby contributing to their growth and the overall economic development of the region.
Contact us:
Mr. Saravanan - 7397262589
Ms. Usha - 9940102447
TANSTIA-FNF service centre
B-22, Guindy Industrial Estate
Guindy, Chennai 600032
tfsc@tanstiafnf.com
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