To provide financial assistance to Micro, Small & Medium scale industries within its jurisdiction covering the North Eastern States of Assam, Meghalaya, Manipur and Tripura.

About us:

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 five decades. As the premier Financial Institution(F.I.) in the North-East Region, it has a wide out reach at 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 SIDBI
Borrowings by way of Refinance from SIDBI
Market Borrowings by way of SLR Bonds
Ad-hoc Borrowings from RBI
Recovery of Loans and Advances

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