NSIC opens its Finance Facilitation Centre in Jaipur; to open centres in Mumbai, Ahmedabad

Jaipur, Oct 25 (KNN) The National Small Industries Corporation (NSIC) has opened its first Online Finance Facilitation Centre in Rajasthan at Jaipur.

This is the 6th centre inaugurated by the NSIC.

The NSIC centre will facilitate loan availability to the MSMEs by validating loan proposals and submitting them online to banks selected by MSME units.

The portal - www.nsicffconline.in - will also disseminate information about MSME schemes offered by the banks, financial institutions.

NSIC has signed MoUs with 31 banks and most of them have agreed to have online linkage with NSIC's Finance Facilitation Web Portal.

It is planning to open two more centres in Ahmedabad and Mumbai next month. Before Jaipur, it has opened five such facilities in cities like Ludhiana, Jalandhar, Bengaluru, Guwahati and Hyderabad.