Midland Microfin Limited

PRODUCTS & SERVICES

Midland Microfin Ltd. offers a diverse range of tailored financial products designed to catalyse business growth and enhance the quality of life for our customers. Each product is meticulously crafted to meet the unique needs of our consumers, aiming to generate earnings by supporting business setup and improving the overall quality of living.

An overview of the products we offer can be seen below:

BUSINESS
LOAN

Our Business Loans are tailored to empower progressive rural women, providing essential financial support for micro-enterprises. These loans facilitate the acquisition of tools, stock purchases, and working capital management, driving economic empowerment and sustainability for women-led businesses.

₹11K-80K

MICRO ENTERPRISES
LOAN

The Micro Enterprises Loan is designed to empower graduate borrowers, fuelling their business growth through strategic investments, resource procurement, and operational enhancements. This loan supports the expansion of businesses and contributes to overall economic development.

₹75K-1.5 LAKHS

SOCIAL IMPACT
PRODUCTS

Our Social Impact Products are specifically tailored to address critical social needs. These innovative green financing solutions extend beyond traditional financial services, providing access to essential resources such as clean energy, healthcare, and sanitation, thereby promoting holistic community development.

Upto ₹10K

WATER SUPPLY
& SANITATION LOAN

In alignment with the Swachh Bharat Initiative, our Water Supply & Sanitation Loans support rural Indian villages by promoting cleanliness, healthcare, and improved living standards. These loans aim to reduce water-borne diseases and foster community well-being.

₹10K- 30K

BL- BOOSTER
(TOP-UP) LOAN

The BL-Booster Loan is designed to make finance more accessible, supporting business growth and sustainability. This top-up loan encourages entrepreneurship among women, providing a sustainable source of livelihood and fostering economic resilience.

₹10K- 20K

AJEEVIKA LOAN
(NSFDC LOAN)

Honoured by the NSFDC, Midland Microfin offers the Ajeevika Loan to provide financial aid to eligible borrowers among Scheduled Castes, Scheduled Tribes, and Backward Classes. This loan supports income generation schemes and promotes inclusive economic growth.

₹20K- 60K

EDUCATION
LOAN

Our Education Loans provide vital financial assistance to students pursuing post-secondary or higher education, covering tuition fees, essential books, gadgets, and related expenses. This support enables students to confidently advance their academic journeys.

₹20K

ICICI UNNATI
LOAN

As a Business Correspondent partner for ICICI Bank, Midland Microfin facilitates the delivery of Joint Liability Group (JLG) loan products. This partnership extends financial inclusion by providing essential services to both existing and new clients in underserved areas.

₹11K-75K

PM SVANIDHI
LOAN

Aligned with our mission to empower the economically disadvantaged, the PM Svanidhi Loan supports the livelihoods of street vendors, offering financial opportunities and holistic development, thereby fostering inclusive growth and prosperity.

₹10K-15K

PRAYAAS 2.0
(SIDBI) LOAN

In collaboration with SIDBI, Midland Microfin’s Prayaas 2.0 Loan offers direct financial support to micro-entrepreneurs, bridging financial gaps, and fostering grassroots economic growth and livelihood creation.

₹50K- 1.5 LAKHS

DAIRY
LOAN

The Dairy Loan empowers borrowers to expand their dairy enterprises by acquiring additional cattle. This initiative includes comprehensive Cattle Insurance policies to protect purchases, ensuring sustainable and secure growth in the dairy industry.

₹75K-1.5 LAKHS

Business Loan:

  • Ticket Size: 11,000- 80,000
  • Minimum or Maximum Rate of Interest: 25.5%
  • Average Rate of Interest:  25.5%
  • Tenure: 12/18/24/36 months
  • Processing Fees: 1% on PF & applicable GST
  • Intro: Our Business Loans are tailored to empower progressive rural women, providing essential financial support for micro-enterprises. These loans facilitate the acquisition of tools, stock purchases, and working capital management, driving economic empowerment and sustainability for women-led businesses.

Micro Enterprises Loan:

  • Ticket Size: 75,000- 1,50,000
  • Minimum or Maximum Rate of Interest: 25.5%
  • Average Rate of Interest: 26%
  • Tenure: 24 months
  • Processing Fees: 1.5% on PF & applicable GST
  • Intro:The Micro Enterprises Loan is designed to empower graduate borrowers, fuelling their business growth through strategic investments, resource procurement, and operational enhancements. This loan supports the expansion of businesses and contributes to overall economic development.

Social Impact Products:

  • Ticket Size: Upto 10,000
  • Minimum or Maximum Rate of Interest: 25.5%
  • Average Rate of Interest:  25.5%
  • Tenure: Up to 12 months
  • Processing Fees: 1% on PF & applicable GST
  • Intro: Our Social Impact Products are specifically tailored to address critical social needs. These innovative green financing solutions extend beyond traditional financial services, providing access to essential resources such as clean energy, healthcare, and sanitation, thereby promoting holistic community development.

Water Supply & Sanitation Loan:

  • Ticket Size: 10,000- 30,000
  • Minimum or Maximum Rate of Interest: 25.5%
  • Average Rate of Interest:  25.5%
  • Tenure: 12/18 months
  • Processing Fees: 1% on PF & applicable GST
  • Intro: In alignment with the Swachh Bharat Initiative, our Water Supply & Sanitation Loans support rural Indian villages by promoting cleanliness, healthcare, and improved living standards. These loans aim to reduce water-borne diseases and foster community well-being.

BL- Booster (Top-Up) Loan:

  • Ticket Size: 11,000- 20,000
  • Minimum or Maximum Rate of Interest: 25.5%
  • Average Rate of Interest:  25.50%
  • Tenure: 12/18 months
  • Processing Fees: 1% of Loan Amount
  • Intro: The BL-Booster Loan is designed to make finance more accessible, supporting business growth and sustainability. This top-up loan encourages entrepreneurship among women, providing a sustainable source of livelihood and fostering economic resilience.

Ajeevika Loan (NSFDC Loan):

  • Ticket Size:  20,000- 60,000
  • Minimum or Maximum Rate of Interest: 25.5%
  • Average Rate of Interest: 15%
  • Tenure: 24 months
  • Processing Fees: No Processing Fee
  • Intro: Honoured by the NSFDC, Midland Microfin offers the Ajeevika Loan to provide financial aid to eligible borrowers among Scheduled Castes, Scheduled Tribes, and Backward Classes. This loan supports income generation schemes and promotes inclusive economic growth.

Education Loan:

  • Ticket Size: 20,000
  • Minimum or Maximum Rate of Interest: 25.5%
  • Average Rate of Interest:  26%
  • Tenure: 12 months
  • Processing Fees: 1.5% on PF & applicable GST.
  • Intro: Our Education Loans provide vital financial assistance to students pursuing post-secondary or higher education, covering tuition fees, essential books, gadgets, and related expenses. This support enables students to confidently advance their academic journeys

ICICI Unnati Loan:

  • Ticket Size: 11,000- 75,000
  • Minimum or Maximum Rate of Interest: 25.5%
  • Average Rate of Interest: 25%
  • Tenure: 12/18/24/36 months
  • Processing Fees: 1% on PF & applicable GST
  • Intro: As a Business Correspondent partner for ICICI Bank, Midland Microfin facilitates the delivery of Joint Liability Group (JLG) loan products. This partnership extends financial inclusion by providing essential services to both existing and new clients in underserved areas.

PM Svanidhi Loan:

  • Ticket Size: 10,000- 15,000
  • Minimum or Maximum Rate of Interest: 25.5%
  • Average Rate of Interest: 21.86%
  • Tenure: 12 months
  • Processing Fees: 1% on PF & applicable GST
  • Intro: Aligned with our mission to empower the economically disadvantaged, the PM Svanidhi Loan supports the livelihoods of street vendors, offering financial opportunities and holistic development, thereby fostering inclusive growth and prosperity.

Prayaas 2.0 (SIDBI) Loan:

  • Ticket Size: 50,000 – 1,50,000
  • Minimum or Maximum Rate of Interest: 25.5%
  • Average Rate of Interest: 19%
  • Tenure: 24 months
  • Processing Fees: 1% on PF & applicable GST
  • Intro: In collaboration with SIDBI, Midland Microfin’s Prayaas 2.0 Loan offers direct financial support to micro-entrepreneurs, bridging financial gaps, and fostering grassroots economic growth and livelihood creation.

Dairy Loan:

  • Ticket Size: 75,000- 1,50,000
  • Minimum or Maximum Rate of Interest: 25.5%
  • Average Rate of Interest: 0.26%
  • Tenure: 24 months
  • Processing Fees: 1.5% on PF & applicable GST
  • Intro: The Dairy Loan empowers borrowers to expand their dairy enterprises by acquiring additional cattle. This initiative includes comprehensive Cattle Insurance policies to protect purchases, ensuring sustainable and secure growth in the dairy industry