Guwahati: NEDFi has set up a new branch office in Jorhat for the benefit of the entrepreneur community.

The new branch office was inaugurated by Shri. Kamakhya Prasad Tasa, Hon’ble Member of Parliament for Jorhat, Assam, on May 11th, 2022. With the inauguration, a business meeting was also organized at Jorhat Planetarium for the upcoming enterprises and business enthusiastic people of the area. The event was attended by members of the local business community, educators, industry professionals, and others. Mr. PVSLN Murty, CMD NEDFi, and other top NEDFi personnel were also present.

With the launch of this branch, the entrepreneur community of Jorhat and its neighbouring regions will benefit greatly from NEDFi's tailor-made plans, which have been constructed with exceptionally liberal terms and conditions.

NEDFi has established a total of 20 branch offices around the North East to aid in the development of commercial ventures in Jorhat and surrounding areas. NEDFi's background:

North Eastern Development Finance Corporation Ltd. (NEDFi) has served the region for 26 years. In the areas of financing and business formation, the corporation has established itself as a reliable and dependable financial organization. It has acquired public acceptability as the region's primary development finance institution and an agent of socio-economic transformation in the North East.

The Corporation will continue to focus on infrastructure, healthcare, tourism, education, micro, and small businesses, and micro-financing, as well as enabling investments from outside the region, in collaboration with the State Government, to stimulate economic activity. NEDFi's goal is to reduce the cost of money for micro, small, and medium-sized businesses, as well as craftsmen, through effective involvement. NEDFi has initiated initiatives in this regard and is determined to putting them into action by building branches in key locations to cover even the most remote communities using technology and the Business Correspondence model.