Midland Microfin Limited

First Microfinance Institution
of the Region

09:07 AM Wednesday, 24 April 2024

1800 137 0600

Toll Free
* 9:00 AM to 5:30 PM

Midland Microfin Limited

First Microfinance Institution of the Region

1800 137 0600 Toll Free * 9:00 AM to 5:30 PM

Courage

Courage

Respect

Respect

Responsibility

Responsibility

Commitment

Commitment

Achievement

Achievement

The Company does not offer any Digital Lending Application services to its clients and the general public. Therefore, it is advised to avoid downloading and installing any such software/application and to be vigilant against fraudsters. कंपनी अपने ग्राहकों और आम जनता को कोई डिजिटल ऋण एप्लिकेशन सेवा प्रदान नहीं करती है। इसलिए, सलाह दी जाती है कि ऐसे किसी भी सॉफ्टवेयर/एप्लिकेशन को डाउनलोड और इंस्टॉल करने से बचें और धोखेबाजों से सतर्क रहें।

Working towards Financial & Social Empowerment of Women

Vision
To be a world class, role model, technology driven Microfinance Institution providing support to progressive poor at low cost.
Mission
Encourage micro enterprise as a source of sustainable livelihood, with special emphasis on women by providing financial services with the help of technology. Work for financial and social empowerment of women. Provide easy access to financial services for low income entrepreneurs so they can improve their standard of living and create sustainable assets for themselves.
Events

Events

  • 9th Establishment Day Celebration - 2019-20
  • Chairman’s Club 2019-20 -"Malaysia, Truly Asia"
  • Happy Diwali - 2019
  • Teej Celebration - 2019
  • Go Green - 2019
  • Flood Relief Camp - 2019

  • Women Hygiene Camp - 2019
  • Managerial Effectiveness Training By LPU - 2019
  • Christmas Celebration - 2019
  • Sun king Torch Launch - 2019
Milestones

Milestones

  • Cumulative Disbursement (As on June 30, 2023)

    INR 73,54,21,20,796

  • Customer Base

    7,89,560

  • Total Branches

    415

  • Loan End Use Verification

    100%

Events

Events

  • 9th Establishment Day Celebration - 2019-20
  • Chairman’s Club 2019-20 -"Malaysia, Truly Asia"
  • Happy Diwali - 2019
  • Teej Celebration - 2019
  • Go Green - 2019
  • Flood Relief Camp - 2019

  • Women Hygiene Camp - 2019
  • Managerial Effectiveness Training By LPU - 2019
  • Christmas Celebration - 2019
  • Sun king Torch Launch - 2019
Milestones

Milestones

  • Cumulative Disbursement (As on June 30, 2023)

    INR 73,54,21,20,796

  • Customer Base

    7,89,560

  • Total Branches

    415

  • Loan End Use Verification

    100%

Min-Max Interest rate on Microfinance Loans

25.50%

Processing Fees : 1.00%

Min - Max Interest rate on Individual Loans

26.00%

Processing Fees : 1.50%

Average Interest Rate on Microfinance Loans (Q3 of FY23-24)

25.50%

Processing Fees : 1.00%

Annual Reports

Download Annual Reports in PDF Format
2022-23  |  2021-22  |  2020-21  |  2019-20

Min-Max Interest rate on Microfinance Loans

25.50%

Processing Fees : 1.00%

Min - Max Interest rate on Individual Loans

26.00%

Processing Fees : 1.50%

Average Interest Rate on Microfinance Loans (Q3 of FY23-24)

25.50%

Processing Fees : 1.00%

Annual Reports

Download Annual Reports in PDF Format
2022-23  |  2021-22  |  2020-21  |  2019-20

  • Rewards & Recognition
    Rewards & Recognition
  • Swachta Evam Swasthya Jagrukta Abhiyaan (PAN India) : 2022
    Swachta Evam Swasthya Jagrukta Abhiyaan (PAN India) : 2022
  • Indore Branch Opening : 3 Dec 22
    Indore Branch Opening : 3 Dec 22
  • Jammu & Kashmir Inaugural Ceremony : Nov 2022
    Jammu & Kashmir Inaugural Ceremony : Nov 2022
  • First Disbursement at Khurda Branch – Odisha : Dec 2022
    First Disbursement at Khurda Branch – Odisha : Dec 2022
  • Diwali Celebration 2022 :
    Diwali Celebration 2022 :
  • Shri Sukhmani Sahib Path: Oct 2022
    Shri Sukhmani Sahib Path: Oct 2022
  • Credit R & R :
    Credit R & R :
  • 9th Establishment Day Celebration – 2019-20
    9th Establishment Day Celebration – 2019-20
  • Chairman’s club 2022 – PHUKET
    Chairman’s club 2022 – PHUKET
  • Midland Microfin Limited
"Microfinance is an economic development tool whose objective is to assist the poor to work their way out of poverty. It covers a range of services, which include, in addition to the provision of credit, many other services such as savings, insurance, money transfers, counseling etc".
This definition of microfinance is given by Malegam Committee – Sub-Committee of the Central Board of Directors, Reserve Bank of India which was formed to Study Issues and Concerns in the Microfinance Sector.
"Microfinance is an economic development tool whose objective is to assist the poor to work their way out of poverty. It covers a range of services, which include, in addition to the provision of credit, many other services such as savings, insurance, money transfers, counseling etc".
This definition of microfinance is given by Malegam Committee – Sub-Committee of the Central Board of Directors, Reserve Bank of India which was formed to Study Issues and Concerns in the Microfinance Sector.
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