The Andhra Pradesh State Minorities Finance Corporation Limited was incorporated under the Companies Act, 1956 in the year 1985 to assist the weaker sections of Minorities viz; Muslims, Christians, Sikhs, Buddhists and Parsis for their Socio-economic Development by providing Margin Money Loans and Direct Loans with the assistance of Govt of AP and NMDFC for setting up of Businesses, Industrial, Service, Agricultural and Allied Viable Activities and Grant-in-Aid for Welfare Scheme.
The Minority Population in AP is 82.36 lakhs as per 2001 census. The source of funding to corporation is from
||Government Of Andhra Pradesh |
||NMDFC (New Delhi) |