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Institution

Suryoday Micro Finance Pvt Ltd 1101 Sharda TerracesPlot 65 Sector 11 CBD BelapurNavi Mumbai, Maharashtra400614
Data approved: 2013-01-22
Data version: 3
Age of data: 80 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.suryodaymf.com/
Year established2008
Head of InstitutionR Baskar Babu
Regions activeGujarat, Karnataka, Maharashtra, Orissa, Tamil Nadu
# Branches34

Total Portfolio (nat'l)INR 1,118,427,664
Total Portfolio (USD)USD 21,102,408.75
Active clients with loans139,423
Approximate % female clients100%
Approximate % urban clients80% - 100%
Network affiliations

Loan Products » Summary

71,053 Borrowers
USD 13,144,361.92 Portfolio
Active Product
5,850 Borrowers
USD 985,881.32 Portfolio
Active Product
1,730 Borrowers
USD 583,060.68 Portfolio
Active Product
Retired Product
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
IG02 INR 15,000 - 15,000 18 80% - 100% 80% - 100% Business Women, Low HH Inc, Med HH Inc Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training
IGF02 INR 15,000 - 15,000 16.5 80% - 100% 80% - 100% Business Women, Low HH Inc, Med HH Inc Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training
IM18 INR 18,000 - 18,000 24 80% - 100% 80% - 100% Business Women, Low HH Inc, Med HH Inc Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training

Loan Products » MFIN India Additional Information

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
IG02 25.2% - 25.8% 26.5% - 27.1% 29% - 29.7% Yes Yes Yes 100
IGF02 25.8% - 26% 27.3% - 27.5% 30.1% - 30.3% Yes Yes Yes 100
IM18 26.3% - 26.8% 27.3% - 27.9% 29.5% - 30.2% Yes Yes Yes 100

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
IG02 26.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 26.5% - 27.1% 29% - 29.7% 88
IGF02 26.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 27.3% - 27.5% 30.1% - 30.3% 86
IM18 27.0% annual, Decl Bal 1 Fee 0 Ins 12.36% fees N/A 27.3% - 27.9% 29.5% - 30.2% 90
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
KBL468,300120,082,0001655
KF233,60041,416,000454
NRSP399,90070,157,000355
ASA230,40029,637,000355
TMFB221,20085,449,000755
FMFB163,54438,481,323973
TRDP100,00013,817,000355
PRSP75,6569,907,176373
BRAC^P57,30011,869,000355
SRSO51,1007,775,000355
SSF46,0004,776,000355
FINCA82,00043,559,000955
JWS36,0006,545,000255
RCDS35,5524,856,122473
DAMEN35,1857,150,864173
FFO22,4003,335,000355
OLP21,4003,510,000355
CSC17,6003,147,000155
AMRDO13,8001,206,000555
WMBL13,8006,105,000355
Mojaz13,4002,415,000255
SDF11,5001,041,000455
POMFB8,5002,795,000455
OPD7,500918,000255
AGAHE7,300797,000255
NRDP6,1841,521,972373
GBTI6,100669,000373
WASIL4,3001,135,000255
Micro Options4,000768,000555
VDO3,900489,000373
SVDP3,900811,0001373
SRDO3,500766,000455
OSDI2,000923,000355
APMBL1,8001,401,000355
BEDF1,400209,000373
KCDO80094,000173
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Key Statistics
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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