In India a large segment of the society, particularly low-income people, have very little access to formal financial services.
The Indian government and RBI have been proactive in promoting ‘Financial Inclusion’ and among the various initiatives, reaching out to the un-banked and under-banked populace in partnership with MFIs and/or Pvt. Ltd. Cos. has been seen as an innovative and sustainable method. People from this secluded part of the society too have aspirations to grow and are industrious enough to fulfill all their dreams.
We at Reliance Money too strongly believe in these dreams and have been providing financial services in the remotest parts of India by partnering with Microfinance Institutions (MFIs). We offer innovative microfinance solutions at competitive interest rates and minimal documentation at their doorstep. We do wholesale funding to MFIs for on-lending and provide guarantees to help MFIs avail funding from other sources.
Our customer-centric processes ensure that we honour the commitment of every micro-borrower by perfectly complementing their aspirations and empower them, to help achieve their dream. After all, self-reliance at the grass root level is the first step towards a self-reliant India.