NABKISAN Finance Limited (NABKISAN) (formerly “Agri Development Finance (Tamilnadu) Limited”) was incorporated under the Companies Act, 1956 on 14.02.1997. NABKISAN 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, Tamilnadu Mercantile Bank, Canara Bank, ICICI Bank, Federal Bank, Lakshmi Vilas Bank and a few Corporates / Individuals. 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 engaged in agriculture, allied and rural non-farm activities. NABKISAN is providing support for livelihood/ income generating activities by extending credit to FPOs, NBFCs, MFIs, Trusts, Societies and Section 25 companies for on-lending to its member SHGs/ JLGs.
NABKISAN has taken several initiatives toward sustainable development of FPO sector and emerged as a leading financial institution in lending to farmer producer organisations by lending to more than 550 FPOs across various states of India (viz., Andhra Pradesh, Assam, Bihar, Chattisgarh, Gujarat, Haryana, Jharkhand, Karnataka, Kerala, Maharashtra, Madya Pradesh, Odisha, Punjab, Rajasthan, Tamilnadu, Telangana, Uttar Pradesh, Uttarakhand, and West Bengal.) with a cumulative assistance of more than Rs.225 crore.
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.
Smt Susheela Chintala
Contact no- 022-26539514