ICL Fincorp Appointed National Lending Partner by NIDCC

• Follow

The National Industries Development Council Committee (NIDCC), an autonomous regulatory initiative established to organize and coordinate various Government of India schemes, has formally appointed ICL Fincorp as its Lending Partner after completing all due procedural formalities.

This prestigious appointment is a direct result of the unwavering trust and strong credibility that ICL Fincorp has built over the years through its consistent performance and commitment to financial excellence, says Adv. K G Anil Kumar, CMD, ICL Fincorp.

Following the signing of the MoU with NIDCC, ICL Fincorp will be entering into separate agreements with four key ministries of the Government of India:

• Ministry of Commerce and Industry
• Ministry of Food Processing Industries
• Ministry of Fisheries, Animal Husbandry and Dairying
• Ministry of Micro, Small & Medium Enterprises (MSME)

Under this strategic collaboration, the Government of India will disburse funds through ICL Fincorp under various ministry-led schemes. In its role as the national lending partner, ICL Fincorp will facilitate the distribution of grants and subsidized loans to eligible beneficiaries across the country.

Further strengthening this association, ICL Fincorp has also been named the Title Sponsor of InDEX 2025 (Indian Industries Development Exhibition), which is scheduled to take place from 2nd to 4th May 2025 at the ADLUX International Convention & Exhibition Centre, Kochi, Kerala.

This significant milestone underscores the integral role ICL Fincorp is set to play nationally in empowering industries and supporting the nation’s economic development through its trusted financial services network.