+91 9436030303 credit.fin-ngl@gov.in

About

Empowering You with Credit Services

Availability of affordable credit is essential for an individual to harness his or her skills to run businesses, create livelihoods and in the case of poor, fight poverty. There are a number ofcentral government schemes that are being implemented in the State, in the agriculture and allied sectors as well as aimed at small entrepreneurs, individuals and Self-Help Groups. Despite this, the offtake of credit to others than to the government sectors has, however not been as per expectations.

With a view to encouraging credit for carrying out economic activities, the omnibus scheme under the name and nomenclature of CM’s Micro Finance Initiative has been approved by the Government.


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Services

Service Provided to the Citizens

We offer a range of financial services designed to support your personal and business needs.
Comprehensive business financing and loan application tracking our goal is to provide tailored solutions that help you achieve
your financial aspirations. Discover how we can assist you in reaching your goals with our accessible and reliable services.

CMMFI

Chief Minister's Micro Finance Initiative.

PM Jan Samarth

Tracking of applications under PM JanSamarth

COFU

Credit Outreach Facilitation Unit

FAQ

Frequently Asked Questions

Self-Help Groups, Farmer Producer Organizations, and Individuals for identified activities.

With a view to encouraging credit for carrying out economic activities, the omnibus scheme under the name and nomenclature of CM’s Micro Finance Initiative has been approved by the Government. The Scheme will provide for interest subvention or subsidy for credit extended by banks to new borrowers under the category of Self-Help Groups, Farmer Producer Organizations, and Individuals for identified activities.

Under the Chief Ministers Micro Finance Initiative (CMMFI), the Beneficiary has to provide 10% of the proposed project cost and will seek Bank Finance of 60%. The remaining 30% will be provided as Back-ended Subsidy from Government of Nagaland.

Find Us Here

Contact Information

Address: Finance Department, Nagaland Civil Secretariat, Kohima

Phone: +91 9436030303

Email: credit.fin-ngl@gov.in

Office Hours:

  • Monday - Friday: 10:00 AM - 4:00 PM
  • Saturday: 10:00 AM - 4:00 PM (1st & 4th Saturdays)
  • Sunday: Closed