Haryana
Financial Corporation has been set up under an Act of Parliament known
as State Financial Corporation’s Act 1951 and the working is governed
by this act. The Head Office of the Corporation is at Chandigarh and
Branch Offices at various District Headquarter of the State. HFC meets
the credit needs of small/medium scale industrial units by advancing
term loans. The loans are advanced primarily for acquiring fixed assets
such as land, building, plant & machinery etc.