India Infrastructure Finance Company Limited (IIFCL) was incorporated on January 5, 2006 under the Companies Act 1956 as a wholly Government owned Company. IIFCL is a dedicated institution purported to assume an apex role for financing and development of infrastructure projects in the country. The authorized capital of the Company is Rs. 1,000 crore of which, paid up capital, at present, is Rs. 300 crore. Besides, the resource-raising programme of the Company would have sovereign support, wherever required.
What do we fund ?
The Company renders financial assistance through:
- Direct lending to eligible projects
- Refinance to banks and FIs for loans with tenor of five years or more
- Any other method approved by Government of India
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