India
France
HongKong
Japan
Kenya
New Zealand
Singapore
USA
Tanzania
UK
Uganda
Vietnam
Antwerp
Dubai
IBU GIFT CITY
Indonesia
Accounts
Cards
Loans
Deposit
Accounts
MSME
Corporate
Merchant Acquiring Business
Authorised Branches/ Centralised Office
Export Finance
Investments
FX Retail
Special Rupee Vostro Account
Govt. Deposit Schemes
Mutual Funds
Insurance
Accounts
Loans
Invest with us
Insure with us
Remit Money
Ancillary Services
Forms and FAQs
KYC - Updation
Agri Products
Financial Inclusion
Ancillary Services
TUFS
The Amended Technology Upgradation Fund Scheme (ATUFS) has been notified by the Ministry of Textiles, Government of India, vide Resolution No.6/5/2015-TUFS dated 13.01.2016 and revised vide Resolution No.6/5/2015-TUFS dated 02.08.2018.
Objective
The objective of the ATUFS is to promote ease of doing business and achieve the vision of generating employment and promoting exports through “Make in India” with “Zero effect and Zero defect” in manufacturing, the Government decided to provide credit linked Capital Investment Subsidy (CIS) under Amended Technology Upgradation Fund Scheme (ATUFS) . The ATUFS will be implemented from 13.01.2016 to 31.03.2022 which will provide one time capital subsidy for investments in the employment and technology intensive segments of the textile value chain, keeping in view promotion of exports and imports substitution. The scheme will be credit linked and projects for technology upgradation covered by a prescribed limit of term loan sanctioned by the lending agencies will only be eligible for grant of benefit under ATUFS. It will also indirectly promote investment in textile machinery (having benchmarked technology) manufacturing.
TUFS
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
TUFS
ATUFS benefit is available for the benchmarked textile machinery under the scheme covering the following activities :
- Weaving, Weaving Preparatory and knitting.
- Processing of fibres, yarns, fabrics, garments and made-ups.
- Technical Textiles
- Garment / made-up manufacturing
- Handloom Sector
- Silk Sector
- Jute Sector
TUFS
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
TUFS
Every individual entity will be eligible for one time capital subsidy only on the eligible investment as per the rates and the overall subsidy cap.
- For details-http://www.txcindia.gov.in/
TUFS
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
PRODUCTS YOU MAY LIKE
PM VISHWAKARMA
Collateral free ‘Enterprise Development Loans’ to artisans and craftspeople upto Rs.3 lakh in two tranches, at a concessional rate of interest fixed at 5%, with Government of India subvention to the extent of 8%.
Learn More
PMMY/Pradhan Mantri Mudra Yojana
For setting up of new/upgrading existing Micro business enterprises in the manufacturing, processing, trading and service sector and carrying out activities allied to agriculture, financing to weavers and artisans (income generating activity).
Learn More
PMEGP
To generate employment opportunities in rural as well as urban areas through setting up of new self-employment ventures/projects/micro enterprises.
Learn More
SCLCSS
This scheme is applicable for SC/ST Micro and Small Units for the purchase of plant & machinery and equipment for term loan from the prime lending institution.
Learn More
Star Weaver Mudra Scheme
The Handloom Scheme aims at providing adequate and timely assistance from the Bank to the weavers to meet their credit requirement i.e. for investment needs as well as for working capital in a flexible and cost effective manner. The Scheme will be implemented both in rural and urban areas.
Learn More
