Arohan Financial Services Limited announces a lending rate revision of 20.75% for its flagship loan product, Saral with effect from November 21, 2018. This is a 5 bps increase from the previous lending rate of 20.70%. This is in line with the RBI in respect of Margin and Qualifying Assets Ratios. A CARE MFI 1 grading and an A- bank loan rating, along with a strong financial holding enable Arohan to borrow at significantly lower costs and extend rate benefits to its customers thereby strengthening its patronage among its growing client base. Even with a 5 bps increase, the revised pricing is one of the best among NBFC-MFIs. The organisation is operational in ten low-income states viz. Assam, Bihar, Chattisgarh, Jharkhand, Odisha, Madhya Pradesh, Meghalaya, Tripura, Uttar Pradesh and West Bengal.
We would love to get in touch with you and send you exclusive offers, information and newsletters by email, post, SMS, phone and other electronic means.
We'll always treat your personal details with the utmost care and will never share them with other companies for marketing purposes.
CLICK HERE