Website Link : www.nabfins.org
NABFINS Limited (NABFINS), is a Company incorporated under the Companies Act,
1956 and registered with Reserve Bank of India as an NBFC-MFI. It is a
subsidiary of National Bank for Agriculture and Rural Development (NABARD) with
equity participation from NABARD, Government of Karnataka, Canara Bank, Union
Bank of India, Bank of Baroda, Dhanalakshmi Bank and Federal Bank.
NABFINS’ approach to the business of microfinance is defined by its tagline
“Balancing Business with Inclusion”. It adopts a unique model which leverages
social collateral provided by the Self Help Groups (SHGs) & Joint Liability
Groups (JLGs) by offering micro-credit at their doorstep, at the lowest interest
rate among NBFC-MFIs to low income households, comprising predominantly women.
NABFINS positions itself as an ‘MFI with a difference’ not only by virtue of its
approach on credit delivery but also through its efforts to serve the needy and
disadvantaged sections of the society in the rural hinterlands, functioning with
exemplary levels of transparency at lower cost. True to its Mission Statement
“To be a trusted, client centric financial institution advancing hassle free
services to low income households & the unorganized sector”, the Company’s focus
continues to be rural India with more than 90% of its clientele from rural
hinterlands.
The Company is headquartered at Bengaluru and has its operations spread across 19
states of India including the underserved areas of north-eastern states too. It
has made its mark in multifaceted avenues in serving the rural households by
extending financial and other services such as micro-insurance directly through
its own branches or through partner institutions. It also extends financial
services through institutional lending thereby reaching out to the rural
populace.
Operational Snapshot
| Portfolio |
Rs 3,116.40 Crore (As on September 30, 2024) |
| Outreach |
19 States through network of its 464 branches |
| Households served |
More than 11 Lakhs |
| Revenue from Operations |
Rs 311.79 Crore (for quarter ended September, 2024) |
Products & Service
- Loans to Self Help Group
- Loans to Joint Liability Group
- Loans to Individual Traders, Small Business and
Micro-enterprises
- Loans to Second Level Institutions such as NBFCs,
NBFC-MFIs, etc.
- Micro-insurance
|
Contact Information
Smt. Neeraja N
Managing Director
#3072, 14th Cross, K. R. Road,
Banashankari 2nd Stage,
Bengaluru – 560 070,
Karnataka, India
Tel. No. 080-26970501
Email Id : ho@nabfins.org