Best Microfinance Companies in Odisha 2022-Personal Loan online in Odisha. Rupee station ensures that the applicant gets a good deal for a Personal Loan in Odisha by matching the details upon the eligibility criteria of numerous banks and NBFCs. The applicant can see the different segments on EMI calculator, CIBIL abacus, and Eligibility calculator to obtain the information on how to get the lowest interest rates for Personal Loan in Odisha.
Microfinance Companies in Odisha 2022
Best Microfinance Companies in Odisha 2022-Microfinance companies are the financial institutions that offer small-scale financial services in both the forms – credit and savings, especially to the poor in rural, semi-urban and urban areas. These financial services are meant to help them in undertaking economic activities, mitigating vulnerabilities to income shocks, smoothening consumption, increasing savings and supporting self-empowerment.
Best Microfinance Companies
Best Microfinance Companies in Odisha 2022-India’s microfinance sector is fragmented with more than 3000 microfinance companies (MGIs), NGOs and NGO-MFIs. The top 10 microfinance companies in India are estimated to account for almost 74 per cent of the total loans outstanding. It can be added here that the total loan outstanding of Indian microfinance sector lies between ` 160-175 billion. As on March 31, 2009, almost 17 Indian microfinance companies have more ` 1 million outstanding loans.
List Of Best Microfinance Companies in Odisha
Best Microfinance Companies in Odisha 2022-SKS Microfinance Ltd (SKSMPL)
| Name | SKS Microfinance Ltd |
| Headquarter | Secunderabad, Andhra Pradesh |
| Legal Status | Pvt. Ltd. Company (NBFC) |
| Lending Model | JLG |
| Number of Branches | 1,413 |
| Loan Outstanding (` Mn) (As on September 30, 2008) | 18,227 |
| Borrowers (As on September 30, 2008) | 2,590,950 |
| Net Worth (` Mn) (As on September 30, 2008) | 2,395 |
| Portfolio Yield (%) (Apr 1-Sep 30, 2008) | 23.40 |
| OSS (%)(Apr 1-Sep 30, 2008) | 126.49 |
| Current Portfolio (%) (As on September 30, 2008) | 99.14 |
| Debt to Net Worth (Times) (As on September 30, 2008) | 7.37 |
Spandana Sphoorty Financial Ltd (SSFL)
| Name | Spandana Sphoorty Financial Ltd |
| Headquarter | Hyderabad, Andhra Pradesh |
| Legal Status | Public Ltd. Company (NBFC) |
| Lending Model | JLG, Individual |
| Number of Branches | 696 |
| Loan Outstanding (` Mn) (As on September 30, 2008) | 11,987 |
| Borrowers (As on September 30, 2008) | 1,668,807 |
| Net Worth (` Mn) (As on September 30, 2008) | 1,225 |
| Portfolio Yield (%) (Apr 1-Sep 30, 2008) | 27.43 |
| OSS (%)(Apr 1-Sep 30, 2008) | 132.02 |
| Current Portfolio (%) (As on September 30, 2008) | 98.88 |
| Debt to Net Worth (Times) (As on September 30, 2008) | 7.04 |
Share Microfin Limited (SML)
| Name | Share Microfin Limited |
| Headquarter | Hyderabad, Andhra Pradesh |
| Legal Status | Public Ltd. Company (NBFC) |
| Lending Model | JLG, Individual |
| Number of Branches | 666 |
| Loan Outstanding (` Mn) (As on September 30, 2008) | 8,568 |
| Borrowers (As on September 30, 2008) | 1,231,556 |
| Net Worth (` Mn) (As on September 30, 2008) | 1,448 |
| Portfolio Yield (%) (Apr 1-Sep 30, 2008) | 27.49 |
| OSS (%)(Apr 1-Sep 30, 2008) | 152.45 |
| Current Portfolio (%) (As on September 30, 2008) | 99.32 |
| Debt to Net Worth (Times) (As on September 30, 2008) | 5.03 |
Asmitha Microfin Ltd (AML)
| Name | Asmitha Microfin Ltd |
| Headquarter | Hyderabad, Andhra Pradesh |
| Legal Status | Public Ltd. Company (NBFC) |
| Lending Model | JLG |
| Number of Branches | 363 |
| Loan Outstanding (` Mn) (As on September 30, 2008) | 4,944 |
| Borrowers (As on September 30, 2008) | 694,350 |
| Net Worth (` Mn) (As on September 30, 2008) | 475 |
| Portfolio Yield (%) (Apr 1-Sep 30, 2008) | 17.43 |
| OSS (%)(Apr 1-Sep 30, 2008) | 121.04 |
| Current Portfolio (%) (As on September 30, 2008) | 99.80 |
| Debt to Net Worth (Times) (As on September 30, 2008) | 9.92 |
Shri Kshetra Dharmasthala Rural Development Project (SKDRDP)
| Name | Shri Kshetra Dharmasthala Rural Development Project |
| Headquarter | Dharmasthala, Karnataka |
| Legal Status | Trust |
| Lending Model | SHG |
| Number of Branches | 22 |
| Loan Outstanding (` Mn) (As on September 30, 2008) | 4,060 |
| Borrowers (As on September 30, 2008) | 612,482 |
| Net Worth (` Mn) (As on September 30, 2008) | 157 |
| Portfolio Yield (%) (Apr 1-Sep 30, 2008) | 12.02 |
| OSS (%)(Apr 1-Sep 30, 2008) | 100.46 |
| Current Portfolio (%) (As on September 30, 2008) | 99.68 |
| Debt to Net Worth (Times) (As on September 30, 2008) | 29.81 |
Bhartiya Samruddhi Finance Limited (BSFL)
| Name | Bhartiya Samruddhi Finance Limited |
| Headquarter | Hyderabad, Andhra Pradesh |
| Legal Status | Public Ltd. Company, (NBFC) |
| Lending Model | Diversified |
| Number of Branches | 87 |
| Loan Outstanding (` Mn) (As on September 30, 2008) | 3,882 |
| Borrowers (As on September 30, 2008) | 457,668 |
| Net Worth (` Mn) (As on September 30, 2008) | 317 |
| Portfolio Yield (%) (Apr 1-Sep 30, 2008) | 17.89 |
| OSS (%)(Apr 1-Sep 30, 2008) | 108.97 |
| Current Portfolio (%) (As on September 30, 2008) | 99.00 |
| Debt to Net Worth (Times) (As on September 30, 2008) | 11.59 |
Bandhan
| Name | Bandhan |
| Headquarter | Kolkata, West Bengal |
| Legal Status | Society |
| Lending Model | JLG |
| Number of Branches | 385 |
| Loan Outstanding (` Mn) (As on September 30, 2008) | 3,389 |
| Borrowers (As on September 30, 2008) | 851,713 |
| Net Worth (` Mn) (As on September 30, 2008) | 435 |
| Portfolio Yield (%) (Apr 1-Sep 30, 2008) | 26.32 |
| OSS (%)(Apr 1-Sep 30, 2008) | 175.40 |
| Current Portfolio (%) (As on September 30, 2008) | 99.92 |
| Debt to Net Worth (Times) (As on September 30, 2008) | 7.07 |
Cashpor Micro Credit (CMC)
| Name | Cashpor Micro Credit |
| Headquarter | Varanasi, Uttar Pradesh |
| Legal Status | Section 25 Company |
| Lending Model | JLG |
| Number of Branches | 247 |
| Loan Outstanding (` Mn) (As on September 30, 2008) | 1,431 |
| Borrowers (As on September 30, 2008) | 303,935 |
| Net Worth (` Mn) (As on September 30, 2008) | 93 |
| Portfolio Yield (%) (Apr 1-Sep 30, 2008) | 28.78 |
| OSS (%)(Apr 1-Sep 30, 2008) | 109.71 |
| Current Portfolio (%) (As on September 30, 2008) | 98.00 |
| Debt to Net Worth (Times) (As on September 30, 2008) | 14.72 |
Grama Vidiyal Micro Finance Pvt Ltd (GVMFL)
| Name | Grama Vidiyal Micro Finance Pvt Ltd |
| Headquarter | Tiruchirappalli, Tamil Nadu |
| Legal Status | Pvt. Ltd. Company (NBFC) |
| Lending Model | JLG |
| Number of Branches | 126 |
| Loan Outstanding (` Mn) (As on September 30, 2008) | 1,316 |
| Borrowers (As on September 30, 2008) | 288,311 |
| Net Worth (` Mn) (As on September 30, 2008) | 231 |
| Portfolio Yield (%) (Apr 1-Sep 30, 2008) | 32.46 |
| OSS (%)(Apr 1-Sep 30, 2008) | 141.53 |
| Current Portfolio (%) (As on September 30, 2008) | 99.54 |
| Debt to Net Worth (Times) (As on September 30, 2008) | 4.95 |
Grameen Financial Services Pvt Ltd (GFSPL)
| Name | Grameen Financial Services Pvt Ltd |
| Headquarter | Bangalore, Karnataka |
| Legal Status | Pvt. Ltd. Company (NBFC) |
| Lending Model | JLG |
| Number of Branches | 62 |
| Loan Outstanding (` Mn) (As on September 30, 2008) | 1,287 |
| Borrowers (As on September 30, 2008) | 153,453 |
| Net Worth (` Mn) (As on September 30, 2008) | 127 |
| Portfolio Yield (%) (Apr 1-Sep 30, 2008) | 18.77 |
| OSS (%)(Apr 1-Sep 30, 2008) | 106.41 |
| Current Portfolio (%) (As on September 30, 2008) | 99.98 |
| Debt to Net Worth (Times) (As on September 30, 2008) | 10.51 |