| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.bandhanmf.com/ |
| Year established | 2002 |
| Head of Institution | Chandra Shekhar Ghosh |
| Regions active | Assam, Bihar, Chhattisgarh, Gujarat, HaryanaJharkhand, Madhya Pradesh, Maharashtra, Meghalaya, Orissa, Rajasthan, Sikkim, Tripura, Uttar Pradesh, Uttarakhand, West BengalDadra and Nagar Haveli, National Capital Territory of Delhi |
| # Branches | 1700 |
| Total Portfolio (nat'l) | INR 35,934,903,405 |
| Total Portfolio (USD) | USD 678,017,045.40 |
| Active clients with loans | 4,039,061 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | Sa-dhan, MFIN, Alpha Microfinance Consultants(P) Ltd. (Alpha), AMFI (Association of Microfinance Institutions), W.B |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Suraksha Loan (Health Loan) | INR 1,000 - 10,000 | 12 | 100% | 20% - 40% | Other, It can be used only for emergency health needs. , Can NOT be used for business | Women, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must have completed 1 loan cycle | Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness | |||||||
| Suchana Loan | INR 1,000 - 15,000 | 12 | 100% | 20% - 40% | Business | Women, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must be 18 years to 60 years | Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness | |||||||
| Srishti Loan | INR 16,000 - 50,000 | 24 | 100% | 20% - 40% | Business | Women, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must be 18 years to 60 years | Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness | |||||||
| Susikhsha Loan | INR 1,000 - 10,000 | 12 | 100% | 20% - 40% | Education | Women, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must have completed 1 loan cycle | Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness | |||||||
| Fisheries Loan | INR 10,000 - 50,000 | 12 - 24 | 80% - 100% | 20% - 40% | Business | Women, Men, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must have an access to waterland | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Group Leadership Training |
| Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Suraksha Loan (Health Loan) | 19.8% - 19.9% | 21.9% - 22.1% | 22.2% - 22.3% | Yes | Yes | Yes | 100 | |||||||
| Suchana Loan | 21.8% - 22.9% | 23.8% - 25% | 25.1% - 26.2% | Yes | Yes | Yes | 100 | |||||||
| Srishti Loan | 22.5% - 22.9% | 23.5% - 24% | 24.7% - 25.2% | Yes | Yes | Yes | 100 | |||||||
| Susikhsha Loan | 19.8% - 20.1% | 21.9% - 22.3% | 22.2% - 22.5% | Yes | Yes | Yes | 100 | |||||||
| Fisheries Loan | 22.7% - 23.8% | 23.7% - 25.4% | 24.7% - 26.4% | Yes | Yes | Yes | 99 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Suraksha Loan (Health Loan) | 20.0% annual, Decl Bal | 1 Fee | 0 Ins | 12.36% fees | N/A | 21.9% - 22.1% | 22.2% - 22.3% | 90 | ||||||||
| Suchana Loan | 22.9% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 23.8% - 25% | 25.1% - 26.2% | 88 | ||||||||
| Srishti Loan | 22.9% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 23.5% - 24% | 24.7% - 25.2% | 92 | ||||||||
| Susikhsha Loan | 20.0% annual, Decl Bal | 1 Fee | 0 Ins | 12.36% fees | N/A | 21.9% - 22.3% | 22.2% - 22.5% | 89 | ||||||||
| Fisheries Loan | 22.9% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 23.7% - 25.4% | 24.7% - 26.4% | 90 |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| AGFS | 200 | 47,000 | 2 | 151 |
| Ahantaman RB | 23,800 | 9,896,000 | 4 | 133 |
| APED | 13,700 | 1,876,000 | 2 | 133 |
| ASA Initiative | 4,400 | 577,000 | 4 | 133 |
| ASA-Ghana | 71,600 | 18,385,000 | 2 | 133 |
| ASPI | 800 | 88,000 | 6 | 133 |
| Atwima Kwanwoma | 3,800 | 1,788,000 | 2 | 133 |
| Baobab | 5,100 | 967,000 | 2 | 133 |
| BestFUND | 13,000 | 4,172,000 | 3 | 133 |
| Bonzali Rural | 10,400 | 1,691,000 | 4 | 151 |
| CashPhase | 83 | 135,000 | 2 | 133 |
| CASUD | 1,100 | 524,000 | 1 | 133 |
| CEDEF | 500 | 54,000 | 4 | 133 |
| CFF | 100 | 13,000 | 1 | 133 |
| CRAN | 3,600 | 1,019,000 | 2 | 133 |
| DQF | 1,700 | 63,000 | 2 | 133 |
| EASL | 9,200 | 11,409,000 | 6 | 133 |
| East Mamprusi | 12,500 | 2,268,000 | 4 | 133 |
| ELDA | 0 | 0 | 0 | 133 |
| EMPRETEC Ghana | 200 | 56,000 | 2 | 133 |
| FASL | 13,500 | 14,047,000 | 8 | 133 |
| Grameen Ghana | 9,500 | 507,000 | 3 | 133 |
| ID-Ghana | 5,600 | 953,000 | 3 | 133 |
| Innovative Finance | 2,700 | 354,000 | 3 | 133 |
| Kraban Support | 7,700 | 781,000 | 5 | 151 |
| KRB | 4,000 | 6,350,000 | 3 | 133 |
| Lower Pra RB | 34,000 | 6,316,000 | 3 | 151 |
| Maata-N-Tudu | 12,000 | 941,000 | 4 | 133 |
| Mail Finance | 300 | 288,000 | 1 | 133 |
| Markaz | 0 | 0 | 0 | 133 |
| Markaz Al Bishara | 100 | 17,000 | 1 | 133 |
| MicrofinPlus Gh | 1,100 | 251,000 | 2 | 133 |
| Nwabiagya RB | 4,000 | 2,265,000 | 3 | 133 |
| OISL | 62,000 | 27,232,000 | 9 | 133 |
| Pro Credit | 0 | 0 | 0 | 133 |
| Rich Step | 100 | 101,000 | 1 | 133 |
| SAT | 147,600 | 29,359,000 | 4 | 133 |
| Sekam Trust | 600 | 137,000 | 2 | 133 |
| Simli Pong | 8,900 | 463,000 | 3 | 151 |
| SS Ghana | 200 | 35,000 | 1 | 133 |
| TCCU | 100 | 32,000 | 3 | 133 |
| The Bridge | 400 | 32,000 | 3 | 151 |
| Union RB | 3,800 | 2,361,000 | 4 | 133 |
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