NABKISAN Finance Limited (NKFL) (formerly “Agri Development Finance
(Tamilnadu) Limited”) was incorporated under the Companies Act, 1956 on 14.02.1997.
NKFL is a subsidiary of National Bank for Agriculture and Rural Development
(NABARD) with equity participation from NABARD, Govt. of Tamilnadu, Indian Bank,
Indian Overseas Bank, Tamilnad Mercantile Bank, Canara Bank, ICICI Bank, Federal
Bank, Lakshmi Vilas Bank and a few Corporates / Individuals. The company is notified
as a Non-Banking Finance Company (NBFC) by RBI. The main objective of the company
is to provide credit for promotion, expansion and commercialization of enterprises
engaged in agriculture, allied and rural non-farm activities. NKFL is providing support
for livelihood/ income generating activities by extending credit to Panchayat Level
Federations, Trusts, Societies and Section 25 companies/ MFIs for on-lending to its
member SHGs/ JLGs.