NEDFi

What NEDFi does

NEDFi (North Eastern Development Finance Corporation Limited) is a Government of India-promoted public financial institution incorporated in 1995 and headquartered in Guwahati, Assam. Notified as a Public Financial Institution under Section 4A of the Companies Act 1956 and registered as an NBFC with RBI, NEDFi is the designated nodal agency for disbursal of central incentives under NEIIPP 2007. It provides term loans, working capital, microfinance (via MFI/NGO partners), venture capital (via wholly owned NVCL), and multi-disciplinary advisory & consultancy services to micro, small, medium and large enterprises in India's North Eastern Region. Its core customers are MSMEs, first-generation entrepreneurs, women entrepreneurs, doctors, professionals, artisans, and tea industry units, supported by 35 branch offices across all eight NER states.

The company's product surface spans 11+ loan products (Project Finance from 7% p.a., Working Capital from 8% p.a., Doctors at 7%, Artisans at 6%, Short-term loans against liquid securities and central subsidies, Guaranteed Emergency Credit Line, and MFI lending) plus equity through the North East Venture Fund. A recently deployed cloud-hosted digital lending ecosystem — built with Veefin Solutions — covers Loan Origination, Loan Management, Loan Collection, mobile applications, and a customer portal, integrated with credit bureaus and banking APIs in compliance with RBI IT Governance guidelines. Adjacent infrastructure includes Business Facilitation Centres for entrepreneur mentoring, NE-SHILP for craft incubation, NEDFi Haat for artisan market linkage, the TEDF Studies Portal for techno-economic research, and the North East Databank.

NEDFi's revenue mechanics are interest income on its Rs. 2,019.50 crore FY25 loan portfolio, processing fees (0.25%–1% depending on product), advisory & consultancy fees from state governments and multilateral agencies, and venture capital returns via NVCL. Promotion and capital backing from IDBI, SBI, LICI, SIDBI, ICICI, IFCI (now divested), SUUTI, and GIC, combined with administrative oversight from the Ministry of DoNER, position NEDFi as a hybrid development-cum-commercial DFI. FY25 sanctions of Rs. 882.98 crore and PAT of Rs. 96.01 crore confirm a profitable operating model built around small-ticket, high-distribution lending in an underserved region.

Name

NEDFi

Legal name

North Eastern Development Finance Corporation Limited

Website

https://nedfi.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

101–250 employees

Short description

NEDFi is a Government of India-promoted development finance institution providing term loans, working capital, microfinance, venture capital, and advisory services to MSMEs and entrepreneurs across India's eight North Eastern states, operating 35 branches and a new digital lending platform.

Ownership category

akta.pro rank

Headquarters

HQ city

Guwahati

HQ country

India

HQ region

Asia

Offices25 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Interest Income from Loans: NEDFi provides financial assistance to micro, small, medium and large enterprises for setting up industrial, infrastructure and agri-allied projects. Revenue is generated through interest payments on term loans, working capital loans, short-term loans, and microfinance lending. Interest rates start from 7% p.a. for project finance, 8% p.a. for working capital, with various loan products serving different segments.
2. Advisory and Consultancy Services: NEDFi's Advisory & Consultancy Department provides multi-disciplinary consulting services to industrial, infrastructure and social development projects in North East India. Services include Strategic Consulting, Financial Advisory, Infrastructure Advisory, Operations Consulting, Monitoring & Evaluation, and Transaction & Bid Advisory to central and state governments, public and private sector companies, multilateral funding agencies, investors and developers.
3. Processing Fees: Loan processing fees charged on various loan products - 1% + GST for project finance, 1% for working capital loans, 0.50% + GST for artisan loans, 0.25% for short-term loans against central subsidy.
4. Venture Capital Investment Returns: Through North East Venture Fund managed by NEDFi Venture Capital Limited (NVCL), investments in startups, early stage and growth stage companies in focus areas including Food Processing, Tourism, Health Care, IT&ITES, and Aggregation of Service.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

NEDFi is a Government of India-promoted development financial institution that provides enterprise financing (project finance, working capital, MSME, sector-specific term and short-term loans) to micro, small, medium and large enterprises for setting up industrial, infrastructure and agri-allied projects in the North Eastern Region. It also delivers microfinance through MFI/NGO partners, makes equity investments via its North East Venture Fund managed by wholly-owned subsidiary NVCL, and offers multi-disciplinary advisory & consultancy services to governments, public sector, private sector and multilateral agencies.

Product overview

NEDFi offers a comprehensive portfolio of financial products and services for the North Eastern Region of India. The core offerings include term loans (Project Finance, Business Loans, Working Capital, Women Entrepreneurs, Doctors, Professionals, Speciality Tea Industry), short-term loans (Artisans, Liquid Security, Central Subsidy, Emergency Credit Line), and Micro Finance through MFIs/NGOs. These are complemented by equity products through the North East Venture Fund, and advisory & consultancy services spanning strategic, financial, infrastructure, and operational domains. The product suite was recently expanded with a digital lending ecosystem including Loan Origination System, Loan Management System, Loan Collection System, mobile applications, and customer portal deployed in partnership with Veefin Solutions. Supporting services include Business Facilitation Centres for entrepreneur mentoring, NEDFi Haat for artisan market linkage, NE-SHILP for craft incubation, the Convention Centre for events, and the North East Databank for regional data.

Differentiator

Problem solved

Functional benefit

Products and services

• Project Finance Medium to long-term financial assistance for setting up new, expansion, diversification or modernization projects in manufacturing or services sector, with interest rates starting from 7% p.a. and repayment up to 84 months. Maximum 65% of project cost as term loan.
• Loan for Existing & New Business Financial assistance for existing and new MSME businesses with maximum 75% of project cost as term loan and minimum 25% promoter contribution.
• Working Capital Loan One-time core working capital assistance for existing trading businesses in North East India, with interest rates starting from 8% p.a. and repayment up to 84 months.
• Loan for Women Entrepreneurs Financial assistance for women entrepreneurs for new or existing MSME business ventures in manufacturing and services sectors, with interest rates up to 8% p.a. and project cost up to Rs. 15 lakhs.
• Loan for Doctors Healthcare Development Scheme providing term loans at 7% p.a. for qualified doctors to set up, expand, modernize, or purchase medical equipment, clinic facilities, with maximum loan up to Rs. 2 Crore.
• Loan for Professionals Self-employed Professional Business Loan Scheme for Chartered Accountants, Company Secretaries, Cost Accountants, Architects, and registered Valuers to set up, expand, or modernize their practices, with maximum loan amount up to Rs. 50 Lakhs.
• Loan for Speciality Tea Industry Assam Speciality Tea Industries Development Scheme for development of Orthodox or Speciality Tea Production units, providing term loans up to Rs. 3 Crore for units registering with Assam Tea Industries Special Incentives Scheme (ATISIS) 2020.
• Loan for Artisans Atmanirbhar Hastshilpkar Scheme providing short-term loans at 6% p.a. for income generating activities in handloom/handicraft sector, with maximum loan amount up to Rs. 1 Lakh.
• Loan Against Liquid Security Short-term loan up to 90% of liquid security value (term deposits, LIC policies, NSC, KVP, postal deposits, govt bonds) for meeting temporary liquidity mismatches in business operations.
• Short Term Loan Against Central Subsidy Short-term loan up to 50% of subsidy receivable (under NEIIPP 2007, NEIDS 2017, etc.) to meet temporary liquidity mismatches, with interest rates starting from 8.50% p.a.
• Guaranteed Emergency Credit Line COVID-19 relief funding under Emergency Credit Line Guarantee Scheme with 100% credit guarantee cover, for existing borrowers in SAM-0 or SMA-1 categories with combined outstanding up to Rs. 25 crores.
• Loan for Micro Finance Institutes Financial assistance for regulated MFIs to on-lend to rural beneficiaries for income generating self-employment projects, with interest rates starting from 8% p.a.
• North East Venture Fund Venture capital fund managed by NVCL (NEDFi Venture Capital Limited) for investments in startups, early stage and growth stage companies in North East India, focusing on Food Processing, Tourism, Health Care, IT&ITES, and Aggregation of Service sectors.
• NE-SHILP Handicraft Incubation and Livelihood Promotion North East Society for Handicraft Incubation and Livelihood Promotion - NEDFi's dedicated wing for craftspersons of North East, providing market linkage and craft sector development support.
• NEDFi Haat Permanent exhibition infrastructure located at Rupnagar, Guwahati providing market linkage to artisans of North East, modeled after Dilli Haat for direct producer-customer linkage.
• Advisory & Consultancy Services Multi-disciplinary consulting services for industrial, infrastructure and social development projects including Strategic Consulting, Financial Advisory, Infrastructure Advisory, Operations Consulting, Monitoring & Evaluation, and Capacity Building & Institutional Strengthening.
• Business Facilitation Centre Mentoring and guidance service for first generation entrepreneurs providing managerial, technical, financial, commercial and marketing support, including preparation of project reports and credit linkage facilitation.
• North East Databank Web portal providing regional resource database for North Eastern Region with information about North East India at a single source, including the NEDFi Databank Journal.

Quantifiable outcome

• Cumulative loan sanctions of Rs. 9,114.38 crore across 26,835 projects generating 100K+ employments
• +2 more outcomes

Segments8 records

Ideal customer profiles9 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Veefin Solutions LimitedcoreTechnology or Integration · 12 May 2026NEDFi and Veefin Solutions Limited signed a multi-year contract to deploy a cloud-hosted digital lending platform covering Loan Origination System (LOS), Loan Management System (LMS), Loan Collection System (LCS), and dedicated mobile applications. The platform integrates with credit bureaus and banking APIs to extend financial services to small borrowers in unserved and underserved areas across India's North Eastern Region. Implementation expected within the next few months.
• North East Venture Capital Limited (NVCL)coreStrategic or Co-development PartnerNVCL is a wholly owned subsidiary of NEDFi formed with the objective of acting as Investment Manager to Venture Funds. It manages the North East Venture Fund focusing on startups, early stage and growth stage companies in Food Processing, Tourism, Health Care, IT&ITES, and Aggregation of Service sectors.
• NE-SHILP (North East Society for Handicraft Incubation and Livelihood Promotion)coreStrategic or Co-development PartnerNE-SHILP is NEDFi's dedicated wing for the craftspersons of North East, providing market linkage support to artisans. It operates showrooms at NEDFi Haat, Guwahati, India Exposition Mart Limited Greater Noida, and Craft Gallery Dispur.
• Ministry of Development of North Eastern Region (DoNER)coreStrategic or Co-development PartnerNEDFi is placed under Ministry of DoNER for administrative purpose. The Ministry oversees the corporation's operations and strategic direction for development of North Eastern Region.
• Ministry of CooperationminorStrategic or Co-development PartnerMinistry of Cooperation organized regional conference on cooperative reforms in Aizawl, Mizoram attended by delegates from North-Eastern states and officials from national cooperative institutions. NEDFi participates in such initiatives for cooperative-led development.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• National Housing Bank (NHB): Apex DFI for housing finance in India. Comparable as a government-promoted DFI providing refinance and direct lending, though focused on housing rather than MSMEs.
• EXIM Bank of India: Government-backed DFI for export and project finance. Comparable as a public financial institution providing long-term project and infrastructure finance.
• REC Limited: Government-owned NBFC providing financing to power and infrastructure sectors. Comparable as a public sector development financier with infrastructure project exposure.
• Power Finance Corporation (PFC): Government-owned NBFC providing fund and non-fund based support to the power sector. Comparable as a public sector DFI with infrastructure and project finance mandate.

Direct peers

• Small Industries Development Bank of India (SIDBI): India's principal DFI for MSMEs, providing refinancing, direct lending, and capacity building. Closely comparable as a fellow DFI serving small enterprises; also a shareholder of NEDFi.
• National Bank for Agriculture and Rural Development (NABARD): India's apex DFI for agriculture and rural development, providing refinancing and development lending. Comparable as a development finance institution focused on underserved geographies and rural MSMEs.
• Micro Units Development and Refinance Agency (MUDRA): Government-backed DFI providing refinance to MFIs and lenders for micro-enterprise lending. Comparable as NEDFi also lends to MFIs/NGOs for microfinance disbursement.
• India Infrastructure Finance Company Limited (IIFCL): Government-backed DFI focused on infrastructure project finance. Comparable as both provide long-term project finance and serve as nodal agencies for government infrastructure schemes.
• Industrial Finance Corporation of India (IFCI): India's first DFI providing industrial financing and project finance. Comparable as a founding-promoter DFI; recently sold its 40% stake in NEDFi.
• Tourism Finance Corporation of India (TFCI): DFI focused on financing tourism-related projects. Comparable as a sector-focused DFI; intersects with NEDFi's venture capital focus on tourism in NE region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/NEDFiOfficial
• Xx.com/nedfi_official
• LinkedInlinkedin.com/company/nedfi

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NEDFi