Eligible Activities

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The list of activities which are eligible for financial assistance by us are broadly categorized as below:

  • Industrial units involved in manufacture, preservation or processing of goods in micro, small and medium scale sectors
  • Tourism related activities like Hotels, Restaurants, Tourist Resorts, Amusement Parks etc.
  • Infrastructure Equipment.
  • Construction activities like commercial complexes including community center and conferences halls etc.
  • Setting up and development of an Industrial Area or Industrial Estates
  • Medical, health, hospitals and other allied services.
  • Information technology/ telecommunication, electronic software and hardware Service,
  • Retail and Wholesale Trade
  • Transport Loan for Tankers (for carrying petroleum products). Omni Bus and Trucks (having at least 3 years of experience in this sector), Tourist Transport vehicle sponsored by Assam Tourism Development Corporation

The “Thrust Area” chosen for lending by the Assam Financial Corporation are as given below subject to fulfilment of viability per standard procedure

  • Argo – Horticulture and Food processing industries.
  • Hotels and Tourism Industries.
  • Hospitals, Nursing Homes, Medical Diagnostic Centers including X-Ray, Scanning and Laboratory Services.
  • Gym/ Health Club
  • Microfinance activities.
  • Industrial Cluster.
  • Expansion/ Modernization/Renovation of existing Tea Factories of Assam,
  • Jute products
  • Concrete Blocks/ FLY Ash Brick.
  • Plastic recycling Industries.
  • Export oriented Industries.
  • Electronic and IT base industries including services sector.
  • Sericulture related industries.
  • Bamboo based industries.
  • Other handicrafts industry.
  • Industries set up in the EPIP, Argo Food Park.
  • Floriculture.

In addition, the Assam Financial Corporation encourages the following activities:

  • Marketing/commercial complexes including community centers and conference halls.
  • Construction equipment like JCB, road mixing plants etc.
  • Construction of Warehouse.
  • Construction of Cold Storage.
  • Upgradation /renovation of hotels, tourist resort.
  • Green Energy Project.
  • Taking over loans of industrial units financed by other Financial Institutions/ Banks provided their loan accounts are regular and are in the standard category.
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