Shri Ravindra Nath, Chairman-cum-Managing Director, NSIC inaugurated NSICís Online Finance Facilitation Center at Ludhiana in line with NSICís initiative to provide digital facilitation of loan proposals of MSMEs with various banks. This is the third Centre launched by NSIC in the country and will assist MSMEs of this region in getting easy access to Finance from Banks. On-Line Finance Facilitation center will provide collective funding options from various Banks to MSMEs through online portal www.nsicffconline.in . Shri Nath stated Web-linkages between NSICís Online Finance Facilitation Web Portal and Portals of various banks have also been established for fast and online decision making. NSIC has signed MoUs with various banks, majority of them have already established an online linkage with NSICís Finance Facilitation Web Portal. Other banks are in process of establishing the link. On the occasion, HDFC Bank Ltd also signed MoU with NSIC for credit facilitation. Representatives of various industry associations present on the occasion applauded NSICís initiatives and services in the region and felt that NSICís On-line Finance Facilitation Centre will enhance the capabilities of MSMEs of the region with various options for finance at best rates and services.
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