Loan for Micro Finance


Processing Fee   1% + GST

Interest Rate -   Starts from 8 % p.a.

Loan For Micro Finance Institutes

NEDFi has been working towards developing & supporting NGOs/Voluntary Agencies (VA)s with good track record for on-lending to the "needy" for taking up any income generating activities in the rural areas. The program envisages extending financial assistance to NGOs/VAs for on-lending to the people for self-employment projects that generate income, allowing them to care for themselves and the families.


  • MFI should be regulated organisation.
  • MFI should be associated with SRO as per RBI guideline
  • MFI should be complaine with NBFC/MFI guidelines of RBI
  • MFI should be in existence for at least 3 years
  • MFI should be registered with Credit Information Bureaus.
  • MFI should be registered and have operation in North East India.

  • Photo identity and Address proof : As per RBI defined KYC guidelines.
  • Business Proof : MOA & AOA/GST Registration/ITR as per applicability.
  • Projected financials
  • Additional documents may be collected during the loan application process as per actual requirement.

 Key Features

Rate of Interest

12.25 % PA


Upto 36 Months

Nature of Assistance

Term Loan

Upfront Fee

Upto 1%


  • Hypothecation of book debt.
  • Personal Guarantee of the chief functionaries.
  • Colleteral in the form of Liqiud Secusity.

 Other Terms & conditions

  • The MFIs should utilize the fund only for the Income generation purposes of the ultimate borrowers
  • MFI shall have to comply with RBI norms
  • MFI shall provide collateral security in proportionate percentage of loan amount as stipulated by the sanctioning authority

Key Highlight

Moratorium upto 3 months

Interest Calculation on Reducing Balance

Capacity building support