Microfinance Companies in India Some of the microfinance companies that offer loans to the unbanked and under-banked population in India are as follows: Arohan Financial Services Pvt Ltd, BSS Microfinance Pvt Ltd; Cashpor Micro Credit; Equitas Microfinance Pvt Ltd; Asirvad Microfinance Pvt Ltd; Bandhan Financial Services Pvt Ltd; Disha Microfin Pvt LtdLoan Product: IGL: Loan Amount: INR 10,000 to 75,000: Rate of Interest: & on a reducing balance method: Processing Fee: 1% of loan amount + GST: Security: NIL: Tenure: 1 year to 2 years, depending on the loan amount: Insurance: ActualWith an aim to develop inclusive microfinance loan options in India, we have divided our offerings … read more under three categories: – Livelihood Solutions (income generation loans, sewing machine loans, daily loans), – Health & Hygiene (water purifier loan), and – Life Betterment Solution (education loans, mobile phone loans, solar lighting product loan, bicycle loan).Based on your need, you can choose an option from the following products: Individual Business Loan (IBL). Individual Livestock Loan (ILL). Home Improvement Loan (HIL). Individual Agriculture Loan (IAL). Individual Bazaar Loan (IBZL). Open Market Livestock Loan (OMLL). Open Market Home Improvement Loan (OMHIL).So, for queries like what is microfinance, here is the answer. In the current lending market scenario, microfinance is a popular term associated with lending available for the people from the low-income group. Since microfinance and micro lending are synonymous, the answer to what is micro lending lies here Finance Company in India - Muthoot Fincorp LtdVision of microfinance in India - PwCMicro Finance in India, Term Loan Finance Options for Self Employed Microfinance products - Microfinance & Microcredit Info
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