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TUFIDCO is providing financial assistance to implement various infrastructure projects of local bodies, Statutory Authorities, Boards and other Government agencies under TUFIDCO’S INFRASTRUCTURE FUNDING SCHEME(TIFS) from its share capital, reserves and by availing loan from banks and mobilising public deposits.
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TamilNadu Urban Finance and Infraatructure development Corporation Ltd(TUFIDCO) was incorporated under Copanies Act, 1956 on 21-03-1990. The main object of the corporation is providing financial assistance and guidance to Local Bodies, Corporations, Boards, Authorities and parastatal agencies for their development schemes. It is also a Nodal Agency to Implement Government programe/schemes in the State.
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