“Tender for IS Audit and VAPT Notice on Extension of Submission of Bid”click here to download “Inviting vendors for empanelment, for the supply of IT hardware & software”click here to download “Tender for hiring Software Developers”click here to download “Addendum 002 dt 26-02-2024 Tender: NABFINS/RFP/0011/2023-24”click here to download “Corrigendum to Tender Ref: NABFINS/012/2023-24”click here to download “Response to Pre-bid queries Tender Ref: NABFINS/012/2023-24”click here to download “Tender for IS Audit and VAPT”click here to download “Extension of Bid submission date till 15:00 Hrs of 01st March 2024 for RFP for Appointment of HR Consultant for strategic Human Resource Management”click here to download ” Tender for the Supply of Desktops & Laptops”click here to download “RFP for Supply, Implementation, Maintenance, & Management of Core Microfinance Solution on Cloud Tender: NABFINS/RFP/0011/2023-24”click here to download “Appendix 1A (Functional Specifications) Tender: NABFINS/RFP/0011/2023-24”click here to download “Appendix 1B (Technical Specifications) Tender: NABFINS/RFP/0011/2023-24”click here to download “Appendix 2 Revised (Commercial Bill of Material) Tender: NABFINS/RFP/0011/2023-24”click here to download “Addendum 001 dt 09-02-2024 Tender: NABFINS/RFP/0011/2023-24”click here to download “Response to Pre-bid queries Tender: NABFINS/RFP/0011/2023-24”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 Rs 13.34 for Rs. 1000/-