The aims & objectives of RMFDCC are given below :-

To uplift Minorities from their existing backwardness in the sphere of Socio, Education, Economic status.

To promote economic and developmental activities for the benefit of "Backward Sections" amongst the Minorities, preference being given to the occupational groups and women.

To assist, subject to such income and/or economic criteria as may be prescribed by the Government from time to time, individuals or groups of individuals belonging to the Minorities by way of loans and advances for economically and financially viable schemes and projects.

To promote self-employment and other ventures for the benefits of Minorities.

To grant loans and advances at such rates of interest as may be determined from time to time in accordance with the guidelines or schemes prescribed by the NMDFC,New Delhi.

To extend loans and advances to the eligible members belonging to the Minorities for pursuing general/professional/technical education or training at graduate and higher level.

To assist the up-gradation of technical and entrepreneurial skills of Minorities for proper and efficient management of production units.

To help in furthering the Government policies and programs for the development of Minorities.