Thirupachi- Adhu get bank finance
- IndiaGlitz, [Thursday,September 23 2004]
IDBI has now financed 'Thirupachi' and 'Adhu' the two Tamil films in the making.
IDBI recently financed 'Anniyan' , For the VijayÂs '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 SnehaÂs 'Adhu' . Vishwa Sundar, the producer of 'Adhu' is the brother of Oscar Ravichandran who is producing 'Anniyan' .
Adhu Âs shooting is over and the film is ready for release.