Website portal address: www.nabkisan.org
NABKISAN Finance Limited (NKFL) (formerly “Agri Development Finance (Tamil Nadu) Limited”) was incorporated under the Companies Act, 1956 on 14.02.1997. NKFL is a subsidiary of National Bank for Agriculture and Rural Development (NABARD) with equity participation from NABARD, Govt. of Tamil Nadu, Indian Bank, Indian Overseas Bank, Tamilnad Mercantile Bank, Canara Bank, ICICI Bank, Federal Bank, Lakshmi Vilas Bank and a few Corporates / Individuals. The company is notified as a Non-Banking Finance Company (NBFC) by RBI. The main objective of the company is to provide credit for promotion, expansion and commercialization of enterprises in agriculture, allied and rural non-farm activities. NKFL is providing support for livelihood engaged / income generating activities by extending credit to Panchayat Level Federations, Trusts, Societies and Section 25 companies/ MFIs for on-lending to its member SHGs/ JLGs. As a corollary to this objective, NABKISAN has devised new financial products for Farmers’ Producers’ Organisations (FPOs) and has emerged as the biggest lender in the FPO ecosystem and has sanctioned more than 1800 FPO loans (as on Dec-2022).
The Nabkisan Finance limited presently operates in 21 states and 2 UTs, viz., Andhra Pradesh, Assam, Bihar, Chattisgarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Maharashtra, Madhya Pradesh, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand, West Bengal, J&K and Puducherry.
NABARD provides all types of support to NABKISAN viz., Refinance, Credit Guarantee support, grant support and guidance which enabled NABKISAN to emerge as a leader in FPO lending.
NABKISAN, in their bulk lending segment, focusses on lending to Non-Banking Finance Companies (NBFCs) which are lending in rural areas, FPOs and to agriculture and allied activities, value chain financing, MSME for income generating activities.
NABKISAN associates with several stakeholders viz. National Commodity and Derivatives Exchange (NCDEX), Security Exchange Board of India (SEBI), NCDEX e-Markets Limited (NEML), National E-Repository Limited (NERL), National Scheduled Tribe Finance Development Corporation (NSTFDC), various promoting institution and various State Governments for financing FPOs at concessional rate of interest.
Shri Srinivasan Ramesh
MD & CEO,
Ground Floor, ‘D’ Wing
C-24, ‘G’ Block
Bandra-Kurla Complex, Bandra (East),
Contact no- 022-26539514