The Nabakisan Finance Limited (NKFL) is a subsidiary of the National Bank for Agriculture and Development (NABARD). The main objective of NKFL is to provide credit for the promotion, expansion and commercialisation of agricultural enterprises, allied and rural non farm activities. NKFL is supporting ventures for livelihood generation by extending credit to panchayat level federations, Trusts, Societies and Section 25 companies. 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. Through their bulk lending segment, Nabakisan focuses on lending to Non-Banking Finance Companies (NBFCs), which lend to rural FPOs, Value Chain Financing and MSME for income generating activities. Nabakisan also provides all kinds of support such as credit guarantee support, refinance, grant support and guidance which helps them emerge at the top in FPO lending.
Nabakisan Finance Limited: Aiding Rural India
