Arohan Financial Services Limited is the largest NBFC MFI in eastern India. The company offers microfinance loans to customers from the economically weaker sections of the society. Loan size ranges from Rs.1,100 to Rs.50,000 and interest rates vary from 20.70% to 21.25% p.a. Loan tenure can be in the range of 3 months to 24 months.
Listed below are the different microfinance loan schemes offered by the MFI:
These loans are offered to women from low-income families. The recipients of the funds are usually engaged in trading activities and related services.
Loan Details:
Loan Amount | Rs.10,000 to Rs.50,000 |
Interest Rate | 20.99% p.a. |
Loan Tenure | 12 - 24 months |
The loans under this product are provided to shopkeepers who run their establishments on a daily basis. The management of the shops should be done by the borrowers themselves or with family. The establishments should deal with domestic goods like stationeries or groceries.
Loan Details:
Loan Amount | Rs.15,000 to Rs.50,000 |
Interest Rate | 21.25% p.a. |
Loan Tenure | 12 - 24 months |
This loan is provided to borrowers who are looking to construct toilets with the funding. These can be individual or secondary loans.
Loan Details:
Loan Amount | Rs.15,100 |
Interest Rate | 20.70% p.a. |
Loan Tenure | 12 months or 24 months |
This loan can be taken for the purchase of various kinds of cross-sell utility products. These can be individual or secondary loans.
Loan Details:
Loan Amount | Rs.1,100 to Rs.13,000 |
Interest Rate | 20.99% p.a. |
Loan Tenure | 3, 6, 9, 12, or 18 months |
Arohan Financial Services Limited also offers supplementary products such as hospi-cash, solar loan, mobile loan, sanitation loan, group term life insurance, and cycle loan to eligible customers.
Arohan Financial Services offers a business line of credit that caters to the MSME industry. This is referred to as IntelleCash. Working capital services are offered through this product to POS enabled merchants and online enterprises. The loan amount under this facility can vary between Rs.5 lakh and Rs.1 crore. Enterprises in the cities of Pune, Kolkata, Nagpur, Mumbai, Bengaluru, Lucknow, and Hyderabad can avail an MSME loan.
Listed below are the details of the MSME loan products from Arohan:
Merchant Cash Advance provides multiple repayment options that are in line with business cycles of small and large businesses. This ensures that the borrower avails maximum benefit from the loan.
Key Features of the Loan:
Loan Amount | Rs.5 lakh to Rs.75 lakh |
Loan Tenure | 9 months to 18 months |
Repayment Frequency | Daily or weekly, based on the business and the revenue model |
Eligibility Criteria and Documents Required:
This loan assists small sellers by providing them with working capital for their business needs. Some of the uses of this loan are as follows:
Key Features of the Loan:
Loan Amount | Rs.5 lakh to Rs.75 lakh |
Interest Rate | Based on lenders terms |
Eligibility Criteria and Documents Required:
Intellicash from Arohan Microfinance provides unsecured small business loans to businesses that find themselves in credit crisis situations. This loan can be taken for multiple purposes, as listed below:
Key Features of the Loan:
Loan Amount | Rs.5 lakh to Rs.25 lakh |
Interest Rate | Based on lenders terms |
Eligibility Criteria and Documents Required:
Step 1 - The borrower should access the online form at the website of Arohan Microfinance and fill it up.
Step 2 - Submit the form online.
Step 3 - Once the representative from the company gets in touch with the borrower, they can submit the scanned documentation.
Apart from offering the financial products listed above, Arohan Financial Services Limited also undertakes financial literacy and Corporate Social Responsibility (CSR) initiatives.
As part of the CSR programme, the MFI arranges for the following:
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.