Registered with the Reserve Bank of India as an NBFC-MFI, Future Financial Services Pvt Ltd. (FFSPL) provides affordable financial products and services. The institution specializes in microfinance loans, microenterprise loans, credit-linked insurance, and retirement solutions through NPS-lite. Apart from this, the organization also plays a key role in community welfare through dedicated activities focusing on economic, environmental and social well-being of communities, where it operates.
The microfinance offered by Future Financial Services Ltd Micro Finance. Is aimed to promote economic development and self-sufficiency among people. The loans can be used as a finance for Joint Liability Groups, for small scale businesses
In order to be eligible for the microfinance offered by Future Financial Services Ltd Micro Finance, the borrower should fulfil the following criteria:
Customer’s total loan amount not to exceed Rs 35,000 in first cycle and Rs 50,000 in subsequent cycles.
Mentioned below are the features and benefits of the microfinance loan offered by Future Financial Services Ltd.
|Loan Terms||Loan Cycle|
|Max. loan amount||Rs. 15000-12000||Rs 15000-28000||Rs 15000-35000|
|Repayment period||18 months||24 months||24 months|
Future Financial Services Ltd. collects KYC (Know Your Customer) documents from borrowers such as UID (Aadhaar card) or Voter ID for id proof and ration card as address proof. In case ration card is unavailable then one of the following can be used for proof of address:
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