Tourism Finance Corporation of India Limited (TFCI) has been set-up as an All India Financial Institution pursuant to the recommendations of “National Committee on Tourism” set-up under the aegis of Planning Commission in 1988. The main object of setting-up the specialised financial institution was to expedite the growth of tourism infrastructure in the country by providing dedicated line of credit on long term basis to tourism related projects in the country. The company provides financial assistance by way of rupee loan subscription to equity / debentures and corporate loans mainly to hotel projects amusement parks ropeways multiplexes restaurants etc. With a view to diversify in other related areas the company has expanded the scope of its activities by including financing of infrastructure projects real estate projects and manufacturing projects to a limited extent within the scope of its activities.
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