Thirupachi- Adhu get bank finance
Thursday, September 23, 2004 • Tamil
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IDBI has now financed 'Thirupachi' and 'Adhu' the two Tamil films in the making.
IDBI recently financed 'Anniyan' , For the Vijays 'Thirupaachi' the bank has sanctioned a loan of Rs. 4 crore.
Producer R.B Chowdhary is happy because the interest rate in the banks is almost 50% less than private financiers. Thirupaachi has also been insured for a sum of Rs. 6 crore since IDBI insists on insurance for the project.
Similarly, IDBI has also sanctioned a loan of Rs. 2 crore for Snehas 'Adhu' . Vishwa Sundar, the producer of 'Adhu' is the brother of Oscar Ravichandran who is producing 'Anniyan' .
Adhu s shooting is over and the film is ready for release.
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