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Activity
To provide multiple financing options to rural customers
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Corporate Office
New Delhi
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Shareholding
36.33%
IFFCO Kisan Finance Limited (Kisan Finance), promoted by IFFCO, is a Non-Banking Financial Company (NBFC), focused on meeting financial needs of farmers in an ethical and transparent manner. It aims to bring financial inclusivity to the last mile. IFFCO holds 36.33% shareholding in the Company.
Kisan Finance started operations in June 2018. It is steadily gaining foothold in the market and is further strengthening the farmer connect that IFFCO and its subsidiaries have developed so far.
During the FY 2020-21, the Company disbursed loans with a value of ₹ 327.34 Crore. It also surpassed the important milestone of a closing loan book of ₹ 500 Crore and ended the financial year 2020-21 with a loan book of ₹ 597 Crore. Thus, it became a systemically important NBFC as per Reserve Bank of India guidelines.
