Ushering the new calendar year, Arohan Financial Services Limited announces a subsidized lending rate of 20.55% for its customers availing the Saral and Product loans with effect from January 1, 2020. This is a decrease from the previous lending rate of 20.69%.
The change is effective for Arohan’s entire bucket of Saral loans along with the suite of product loans which benefits over 2.2 million customers.
This is in line with the RBI in respect of Margin and Qualifying Assets Ratios. Arohan has a bank loan rating of A- (positive outlook), MFI grading of MF1 from CARE Ratings, a Social Performance grading of SP1 and is Great Place to Work-Certified™. This enables the organisation to borrow at significantly lower costs and extend rate benefits to its customers.
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