Micro Finance
At RVS Fin Services, we are committed to supporting the financial inclusion of underserved communities and small businesses through our Micro Finance Services. Our goal is to empower individuals.
About Micro Finance
Microfinance is the provision of financial services like small loans, savings, and insurance to individuals and micro-enterprises who are typically excluded from the formal banking system. It focuses on supporting low-income groups, empowering them to improve their living standards, run small businesses, or meet urgent financial needs.
Why Choose Our Micro Finance Services?
1. Affordable Loan Amounts:We offer small loans that cater to your financial needs, whether for personal expenses or business growth.
2. No Collateral Required:Microfinance loans are unsecured, meaning you do not need to pledge any assets as collateral.
3. Flexible Repayment Options:Our loans come with customizable repayment schedules, making it easier for you to repay.
4. Fast Disbursal:We provide quick processing and fast disbursal of loans, ensuring that you can access funds when you need them the most.
5. Financial Education:We offer financial literacy programs to help you better understand managing finances, saving.
Fast, Flexible, and Affordable Loans.
Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.
Micro Loans
Ideal for individuals who need quick access to funds for personal expenses such as education, medical emergencies, or family needs.
Business Loans for Micro Entrepreneurs
Specifically designed for small business owners who require funding for working capital, equipment, or inventory to grow their businesses.
Women Entrepreneur Loans
Targeted financial products aimed at empowering women entrepreneurs, providing them with the necessary capital to run or expand their small businesses.
Micro Insurance
Affordable insurance products that provide coverage for health, life, or assets, helping to protect your family and business from unforeseen risks.
Features of Our Micro Finance
- Access to Credit: Get access to small loans that may not be available through traditional financial institutions.
- Build Credit History: Establish or improve your credit score through timely repayment of microfinance loans.
- Low Interest Rates: Enjoy affordable interest rates designed for low-income individuals and small businesses.
- Financial Independence: Gain access to capital that can be used to start or expand a business, improve your living standards, or meet other urgent needs.
- Community Empowerment: By supporting local entrepreneurs, especially women, we aim to contribute to community development and poverty alleviation.
Construct Your Dreams with Confidence.
Eligibility Criteria
- Age: Applicants must be between 18 and 65 years.
- Income: You should have a regular source of income, whether through employment, self-employment, or business activity.
- Credit History: A positive credit history is helpful, but we also support individuals with no formal credit record.
- Business or Personal Needs: Loans are offered for both business and personal requirements.
Documents Required
- Identity Proof: Aadhaar Card, Passport, PAN Card, Voter ID
- Address Proof: Utility Bills, Bank Statements, Passport, Rent Agreement
- Income Proof: Salary Slips, Bank Statements, or other proof of income (for self-employed individuals, business owners, etc.)
- Business Documents: (For micro business loans) – Business Registration, Trade License, or Proof of Business Activity.
- Photographs: Recent passport-sized photographs (usually 2-3)
How to Apply?
- Fill Out the Application: Complete the online loan application form on our website or visit our nearest branch.
- Submit Your Documents: Provide the required documents for verification.
- Property Evaluation: We will assess your property’s market value.
- Loan Offer: Receive a customized loan offer.
- Sign the Agreement: Once you agree to the terms, sign the loan agreement.
- Loan Disbursal: After approval, the loan amount is disbursed to your account.