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ASSAM FINANCIAL CORPORATION
( A JOINT FINANCIAL CORPORATION OF THE STATES OF ASSAM,MEGHALAYA,MANIPUR & TRIPURA
INCORPORATED UNDER THE STATE FINANCIAL CORPORATION ACT, 1951)

ASSAM FINANCIAL CORPORATION
To provide financial assistance to small scale and medium scale industries within its jurisdiction covering the North Eastern States of Assam, Meghalaya, Manipur and Tripura.

The Assam Financial Corporation was established as a Joint State Financial Corporation under Section 3(A) of the SFC’s Act 1951 way back in 1954 covering the erstwhile-undivided Assam with two union territories of Manipur and Tripura and operating in this North-East Region for more than last four decades.As the premier-most Financial Institution(F.I.) in the North-East Region, it has an incomparable out reach of the grass root level compared to other Financial Institutions(FIs) and Banks.

SOURCES OF CAPITAL AND OPERATING FUND

· Share Capital from participating State Govts. and IDBI(Now SIDBI)
· Borrowings by way of Refinance from IDBI/SIDBI
· Market Borrowings by way of SLR Bonds
· Ad-hoc Borrowings from RBI
· Recovery of Loans and Advances

* Corporate Governance

* Organization Chart:

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