The National Minorities Development and Finance Corporation (NMDFC) was incorporated . on 30th September, 1994 as a Company not for profit under Section 25 of the Companies Act 1956. It is a national level apex body for the benefit of minorities defined under the National Minorities Commission Act 1992. The Authorised Share Capital of the Corporation is Rs. 750.00 crores and the Paid-up Share Capital is Rs. 555.22 crores. The Corporation provides concessional finance for income generating activities to poorer section of Minorities comprising Muslims, Christians, Sikhs, Budhists & Parsis. Preference is given to artisans & women.

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