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Andhra
Pradesh State Financial Corporation (APSFC)
Andhra Pradesh State Financial Corporation (APSFC)
is a term lending Institution established in 1956 for
promoting small and medium scale industries in Andhra
Pradesh under the provisions of the Sate FInancial Corporation'
Act,1951.The corporation has many entrepreneur - friendly
schemes to provide term loans,working capital term loans,special
and seed capital assistance to suit the needs of various
categories of entrepreneurs.The Corporation has 45 years
of expertise in industrial financing engaged in the
business of financing tiny,small and medium scale sector
units and thriving for balanced reginal development
of the state.
For more details please visit : www.apsfc.com
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Arunachal
Pradesh Industrial Development and Financial Corporation
(APIDFC)
Arunachal Pradesh Industrial Development and Financial
Corporation (APIDFC) was incorporated in the year 1978
as company under Companies Act, 1956 for promotion of
industries in Arunachal Pradesh. It is performing the
twin role of State Industrial Development Corporation
and State Financial Corporation.
For more details please visit : http://www.cosidici.com/
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Assam
Financial Corporation (AFC)
Assam Financial Corporation (AFC) was established under
the Central Act, viz., The State Financial Corporations
Act, 1951, with the basic objective of promoting and
developing small scale and medium scale industries in
the State with a special focus on spreading industrial
culture in the rural, semi-urban and backward areas
of the States. The corporation is owned by the Assam
state government jointly with IDBI and is functioning
under the administrative control of the state government
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more..
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Bihar
State Financial Corporation (BSFC)
Bihar State Financial Corporation (BSFC) is the main
state level institution providing term lending facilities
to industrial entrepreneurs. Banks have also shown increasing
interest in term lending to industrial units. BSFC will
be restructured and strengthened to meet the growing
financial and mercantile needs of entrepreneurs.
more..
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Delhi
Financial Corporation (DFC)
The Delhi Financial Corporation has been rendering yeoman
service to small scale entrepreneurs in Delhi and Chandigarh.
It has made finance available to existing and prospective
entrepreneurs at very reasonable terms.
The corporation has devised suitable schemes for catering
the needs of different categories of entrepreneurs
For more details please visit : www.dfcdelhi.nic.in/profilef.htm
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Gujarat
State Financial Corporation (GSFC)
Gujarat State Financial Corporation (GSFC) incorporated
under the State Financial Corporations Act of 1951,
is a trend setter and path breaker in the field of industrial
finance. It plays a major role in the development and
industrialization of Gujarat by extending credit assistance
to suit individual requirements.
Gujarat State Financial Corporation established with
main object for development activities to contribute
to social upliftment, regional dispersal of industrial
activities and to adding to Gross Stock Domestic Products.
Also for promoting economic growth, balanced regional
development and widening of entrepreneurial base by
financing small enterprises. GSFC a premier, regional
development bank set up by Government of Gujarat, to
provide finance to new industrial units, for acquisition
of Fixed Assets, Expansion, Modernization, Diversification,
Renovation etc. The Industrial concern must set up in
the state of Gujarat and the Union Territories of Diu,
Dadra and Nagar Haveli.
For more details please visit : http://www.gujaratindustry.gov.in/gsfc.html
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Haryana
Financial Corporation (HFC)
Haryana Financial Corporation has been set up under
an Act of Parliament known as State Financial Corporation's
Act 1951 and the working is governed by this act. The
Head Office of the Corporation is at Chandigarh and
Branch Offices at each District Headquarter of the State.
HFC meets the credit needs of small/medium scale industrial
units by advancing term loans. The loans are advanced
primarily for acquiring fixed assets such as land, building,
plant & machinery etc.
For more details please visit : http://www.hfcindia.org/
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Himachal
Pradesh Financial Corporation (HPFC)
Himachal Pradesh Financial Corporation (HPFC) was established
in the State under the Central Act, viz. The State Financial
Corporations Act, 1951, with the basic objective of
promoting and developing small scale and medium scale
industries in the State with a special focus on spreading
industrial culture in the rural, semi-urban and backward
areas of the State. The Corporation is owned by the
State Government jointly with SIDBI and is functioning
under the administrative control of the State Government.
For more details please visit : www.hpfc.nic.in
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Jammu
& Kashmir State Financial Corporation (J&KSFC)
The Jammu & Kashmir State Financial Corporation
(J&KSFC) was established to act as a Regional Development
Bank with the aim of boosting economic development in
the State for providing financial assistance in the
shape of loans to prospective entrepreneurs for development
of Industries. It was incorporated under The SFCs Act
1951 on 2nd December 1959 as a Development Bank for
promotion of Small Scale Industries, hotels, houseboats
and transport sector in Jammu & Kashmir.
The Board of J&K SFC is headed by Honourable Finance
Minister, Shri Mohd. Shafi. The Board has been from
time to time assessing the performance of institution
with a view to achieve the objectives for which it was
instituted.
For more details please visit : www.jakfinance.nic.in
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Karnataka
State Financial Corporation (KSFC)
KSFC gives financial asssistance to set up tiny, small,
medium and large scale industrial units in the Karnataka
State. The Corporation extends term loans to new &
existing units upto Rs. 500 lakhs for corporate bodies
and registered co-operative societies. Term loans upto
Rs. 200 lakhs are sanctioned to proprietary, partnership
and joint hindu undivided family concerns.KSFC extends
lease financial assistance and hire purchase assistance
for acquisition of machinary/equipment/transport vehicles.
KSFC has a merchant banking department and is approved
as a category I merchant banker by SEBI. Under this
activity it does management of public issues, under-writing
of shares, project report preparation, deferred payment
guarantee, syndication of loans, bill discounting etc.The
fund based activities like subscription to non-convertible
debentures, actoringservices are also considered.
For more details please visit : http://www.ksfc.in/
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Kerala
Financial Corporation (KFC)
Kerala Financial Corporation (KFC) incorporated under
the State Financial Corporations Act of 1931, is a trend
setter and path breaker in the field of industrial finance
to service sector projects. It plays a major role in
the development and industrialisation of Kerala by extending
financial assistance to suit the requirementsof the
enterpreneurs.
For more details please visit : http://www.kfc.org/
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The
Economic Development Corporation (EDC) of Goa
The Economic Development Corporation (EDC) of Goa, established
in 1975 has been the State Financial Institution. It
has been incorporated as an SIDC and a limited company
. However, it has also been accorded twin status of
SFC by IDBI/SIDBI.
For more details please visit : www.edc-goa.com
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Madhya
Pradesh Financial Corporation (MPFC)
Madhya Pradesh Financial Corporation (MPFC) is the premier
institution of the State engaged in providing financial
assistance and related services to small to medium sized
industries. Also, it is registered as Category-I Merchant
Banker with Securities Exchange Board of India and setup
a separate Merchant Banking Division in the name of
MPFC Capital Markets.
Incorporated in the year 1955, under the State Financial
Corporation Act, 1951 (No. LXIII of 1951), it works
under the control of the Board of Directors, consisting
of representatives from State Government, Industrial
Development Bank of India, Small Scale Industrial Development
Bank of India, Reserve Bank of India, Scheduled Banks,
Insurance Companies, Co-operative Banks and other shareholders.
MPFC is a well knit organisation with its head quarters
at Indore - the industrial hub of Madhya Pradesh. It
has zonal offices at Raipur, Jabalpur, Bhopal, Gwalior,
Indore, Satna, and various branches at different places;
making a total of eighteen offices throughout Madhya
Pradesh.
For more details please visit : www.mpfc.org
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Orissa
State Financial Corporation (OSFC)
The Orissa State Financial Corporation (OSFC) is the
primary state level financing institution incorporated
in the year 1956 under the State Financial Corporations
Act, 1951. The Corporation extends term loan upto a
maximum of Rs. 150.00 lakhs for acquiring fixed assets
like land, building, plant and machinery, equipment
and margin money for working capital for setting up
of industries. OSFC also provides working capital assistance
under Single Window Scheme. Priority is given to small
and tiny sector industrial units in backward areas.
For more details please visit : www.osfcindia.com/
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Punjab
Financial Corporation (PFC)
Punjab Financial Corporation a premier leading institution
of Punjab, is a body incorporated under the State Financial
Corporations Act 1951. The Corporation came into existence
on Ist February,1953. To perform the role of a Development
Bank in the State of Punjab, Corporation was established
with an objective of granting loans for the establishment
of new industrial concerns, modernisation, expansion/diversification
of existing activities etc.
For more details please visit : http://164.100.52.13/pfc/index.html
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Rajasthan
Financial Corporation (RFC)
The Rajasthan Financial Corporation (RFC) was constituted
under a notification of the State Government dtd. 17
January, 1955 under the SFCs Act, 1951, for providing
long term financial support to tiny, small scale and
medium scale industries in the State of Rajasthan.
The Corporation is continuing to work as a Catalyst
of development for translating into practice the industrial
policies and priorities of the Central and the State
Governments as also for providing and improving upon
immediate assistance in the planned and balanced development
of industries in the State, particularly in the small
and tiny sectors.
For more details please visit : http://www.rfconline.org/
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The
Maharashtra State Financial Corporation (MSFC)
The Maharashtra State Financial Corporation (MSFC) has
been set up under the 'State Financial Corporations
Act, 1951. The Corporation operates in State of Maharashtra
from 1962 and in State of Goa and Union Territory of
Daman & Diu since 1964.
For more details please visit : http://www.maharashtradirectory.com/msfc.htm
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Uttar
Pradesh Financial Corporation (UPFC)
Uttar Pradesh Financial Corporation (UPFC ) was established
in 1954 under the State Financial Corporation Act, 1951
with its Head Office at Kanpur. The UPFC took a humble
step for the industrial development of the State of
Uttar Pradesh by providing term loan assistance to small
and medium scale units. Several units nurtured by UPFC
have now become large enterprises.
For more details please visit :
www.upfcindia.com
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West
Bengal Financial Corporation (WBFC)
West Bengal Financial Corporation is a State level financial
institution to help the small, medium and tiny sector
enterprises to implement their new/ expansion/ modernization
or technological upgradation schemes.
The Corporation has been devoting itself to the task
of promotion and development of the SSI sector of the
State for the last 50 years. Despite all odds, the Corporation
has been marching ahead by registering increases in
the amount of sanction, disbursement and recovery. The
Corporation always acts in close coordination with the
State level promotional and development agencies, commercial
banks, the Government and others.
For more details please visit : www.cosidici.com/newsletter1/march2000/wbfc.htm
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