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.

Although the Government has nominated representatives of Associations of industrial enterprises and Chambers of Commerce in the Board of this Institution a need has been felt to further strengthen the Board with induction of greater number of competent professionals and representative of Chambers and Industries with proven track record. Specific criteria will be laid down for choosing professionals. Representatives of Financial Institutions will also be inducted in the Board of BSFC. BSFC will also provide services such as financial leasing, loan syndication, consultancy, Merchant Banking, entrepreneurial skill development and support for technology upgradation to the industries in the State. The corporation would also be encouraged to establish a Venture Capital Fund for the entrepreneurs in the state.

Contact Person

Shri K.K.Pandey,
Managing Director.

Bihar State Financial Corporation
Fraser Road,
Vittiya Nigam Bhawan,
Patna-800 001.
Phone : 91-612-210968, 234210
Fax : 91-612-225228
EMail : kkpnd@bih.nic.in