Assam Financial Corporation (AFC)  was established as a Joint State Financial Corp-oration under Section 3(A) of the SFC’s Act 1951 way back in 1954 covering the erstwhile-undivided Assam with two union territories of Manipur and Tripura and operating in the North-East Region for more than five decade. As the premier Financial Institution(F.I.) in the North-East Region, it has a wide outreach at the grass root level compared to other Financial Institutions(FIs) and Banks.