North Eastern Development Finance Corporation Ltd (NEDFi) was incorporated as a public limited company under the Companies Act, 1956, on August 9, 1995 with an authorized capital of Rs 500 crores and a paid up capital of Rs. 100 crores. It was notified as a public financial institution in July 1996 under Section 4-A of the Companies Act 1956. NEDFi is also categorized as Non-Banking Financial Company (NBFC)-Loan Company and was registered with the Reserve Bank of India (RBI) on 20.12.2002.

The Corporation has framed its vision, mission statement and core values as given under:

Vision Statement:

“To be the most preferred and trusted financial institution, excelling in customer service delivery through committed, caring and empowered employees”

Mission Statement:

“To be a dynamic and responsive organization catalyzing economic development of the North Eastern Region of India by identifying and  financing commercially viable industries, providing valued advisory & consultancy services, promoting entrepreneurship through effective mentoring, skill development and capacity building of the micro, small and medium enterprises and generating sustainable livelihoods through Micro Finance  and CSR activities” 

Core Values:

-- Customer satisfaction by providing quality, timely and effective services and fairness in dealings.

-- Maximization of stakeholders’ value.

-- Success through team work, innovation, integrity and people

Motto:  “Championing the entrepreneurial spirit of the North East”