Welcome to NMDFC

The National Minorities Development & Finance Corporation NMDFC was incorporated on 30th September 1994, as a company not for profit, under Section 25 of the Companies Act 1956 (now Section-8 of Companies Act,2013). It is a National Level Apex Body for the benefit of Minorities as defined under the National Commission for Minorities Act 1992.

The prime mandate of NMDFC is to provide concessional finance to the Minorities for self employment/ income generation activities. As per the National Commission for Minorities Act, 1992, the notified Minorities are Muslims, Christians, Sikhs, Buddhists & Parsis. Subsequently, Jain community was also added into the list of notified Minority Communities in January 2014. Under NMDFC programe, preference is given to Artisans & Women.

NMDFC at a Glance

Achievements at Glance

Since inception, the NMDFC has disbursed an amount of Rs.8008.43 Cr. covering over 22.01 lacs families under the schemes of NMDFC.
With paid up capital of Rs. 2524 Cr. NMDFC has extended loans worth over Rs. 8008.43 cr. which is over three time recycling of its Paid up share capital.
Under the Term Loan scheme, financial assistance of Rs.4780.66 Cr. has been given to over 6.11 lacs beneficiaries, spread over twenty-five States and five Union Territories. This includes disbursement of Rs. 422.92 crs. for over 42,583 beneficiaries under Education Loan scheme.
Under Micro-Finance scheme, an amount of Rs.3227.77 Cr. has been disbursed to over 15.89 lacs families.