“Corrigendum to tender (Tender Ref. No NABFINS/013/2024-25)”click here to download “Corrigendum to tender (Tender Ref. No NABFINS/012/2024-25)”click here to download “Addendum No.1 – Tender No. NABFINS/RFP/012/2024-25”click here to download “Response to Pre-bid queries – Tender No. NABFINS/RFP/012/2024-25”click here to download “RFP for Supply, Installation , Commissioning & Maintenance of Biometric based Access Control & Attendance system”click here to download “REQUEST FOR PROPOSAL (RFP) FOR SELECTION OF VENDOR FOR DATA MIGRATION TESTING OF CORE MICRO-FINANCE SOLUTION, FINANCE & ACCOUNTING SOLUTION AND HUMAN RESOURCE MANAGEMENT SYSTEM ON CLOUD”click here to download “Corrigendum to tender NGFW Firewall (Tender Ref. No: NABFINS/008/2024-25)”click here to download “Corrigendum to Tender Ref: NABFINS /007/2024-25”click here to download “CORRIGENDUM TO TENDER (Tender Ref. No: NABFINS/007/2024-25)”click here to download “Response to Pre-Bid Queries(Tender Ref. No: NABFINS/007/2024-25)”click here to download “RFP for SMS Service (RFP REF. NO: NABFINS/007/2024-25)”click here to download “NOTICE FOR 27TH ANNUAL GENERAL MEETING”click here to download “IT empanelled vendors”click here to download “Tender for IS Audit and VAPT Notice on Extension of Submission of Bid”click here to download

Direct Lending Model

The philosophy of NABFINS is to provide access to institutional credit to creditworthy borrowers at an affordable cost. Towards this end, the company has adopted a unique business model where a network of community based organizations are partnered with as BCs and BFs to aggregate credit demand and extend credit to them in groups based on the social collateral of joint liability.

However, it was realized that the availability of such trustworthy partners with appropriate institutional bandwidth is limited and that should not be a limiting factor for achieving the stated mission of the Company.

Direct Lending vertical attempts to bridge these lacunae. The Company puts in place its own resources to create a platform to provide standardized loan products at affordable cost in identifying geography at lower rates as compared to peers in the industry.

Borrower Category Loan Amount Interest rate (%) Processing fees GST Penal Charges Credit Insurance
JLGs Upto ₹. 7.50 lakh 19.90% 1% of sanctioned amount 18.00% of processing fee Nil ₹0.84 per ₹1000/- of sum assured per month for borrower and co-obligant