A bank that empowers underserved communities.
We empower communities with much-needed financial support, fueling their dreams and ambitions.
We provide the necessary financial tools and guidance to help them take the next steps in their journey.
~10L+
Customers
₹3000Cr+
AUM
250+
Districts Covered
Our success stories
Saris and more - Asha
Mumbai, Maharashtra
Asha’s small shop in Borivali kept her busy and financially independent. Her husband worked long, tedious hours to financially support the family. A few years ago, she decided that she, too, would support the family financially. She put up a shop with just one sowing machine and would stitch…..
Crunchy bites - Suman Dewangan
Durg, Chattisgarh
Suman’s husband was a contractual worker in their village while Suman did odd stitching jobs, in her free time, to supplement their income. However, with two children to put through school and increasing living costs, they realised their incomes would not suffice. In 2014, Centrum’s Loan Officer visited their village….
Earthenware pots - Hansaben
Mumbai, Maharashtra
Hansaben’s husband’s family had been in the pottery business for over 30 years. One day, she decided to lend a helping hand in the business. Initially, they only made pots and diyas of different sizes, but there was scope to expand the business and they needed capital. Centrum Microcredit’s Loan Officer approached her and explained the concept of Joint Liability….
Financial offerings
that cater to all
A cashless loan is provided to women entrepreneurs based on a joint guarantee from members. The loans range from Rs 15,000 to Rs 80,000, with a maximum tenure of 24 months, and a monthly/weekly repayment frequency. Loans are disbursed directly into the bank account.
| Product Name | Frequency | Tenure | Loan Amount (INR) |
|---|---|---|---|
| CENTRUM –MAITRI LOAN | Monthly | 12 Months | From 15,000 up to 25,000 |
| CENTRUM –SAMRUDDHI LOAN | Monthly | 24 Months | Above 26,000 up to 80,000 |
| CENTRUM -SARATHI LOAN | Weekly | 52 Weeks | From 15,000 up to 30,000 |
| CENTRUM-SVABHIMAAN LOAN | Weekly | 104 Months | From 31,000 up to 80,000 |
| CENTRUM-VISHWAS LOAN | Monthly | 24 Months | From 35,000 up to 80,000 |
| CENTRUM-UNNATI LOAN | Weekly | 104 Weeks | Above 35,000 up to 80,000 |
This microloan product, provided in collaboration with Water.org, provides financial assistance to enable access to safe water and sanitation. The loan is disbursed to improve toilets, set up water connections and infrastructure, or install new toilets.
| Loan Product | Loan Amount | Repayment Period (Months) | Interest Rates (Tentative) |
|---|---|---|---|
| Toilet improvement loan | Rs 10,000-15,000 | 1 or 2 years | 23.68% |
| House Water Connection / Piped Water / Water Storage | Rs 15,000– 20,000 | 1 or 2 years | 23.68% |
| Borewell or Hand Pump | Rs 25,000-30,000 | 1 or 2 years | 23.68% |
| New Toilet (Septic / Pit) | Rs 30,000 | 1 or 2 years | 23.68% |
An initiative by the Ministry of Housing and Urban Affairs through which we provide financial assistance to street vendors and micro-entrepreneurs to resume their livelihood.
| Lending Model | PM Svanidhi Loan |
|---|---|
| Loan Amount | Rs.10,000 |
| Tenure | 12 Months |
| Repayment frequency | Monthly |
| Annual Interest rate | 23.68% |
| Processing Fee | 1% +GST |
These loans address the financial needs of Micro, Small and Medium Enterprises like traders, retailers, small manufacturers and service providers. MELSs are provided for Business Expansion, Working Capital or Business-Related Asset Acquisition, and range between Rs. 75,000 and Rs. 3,00,000.
| Lending Model | MEL |
|---|---|
| Loan Amount | Rs.75000 - Rs.300000 |
| Tenure | 12 Months - 36 Months |
| Repayment frequency | Monthly |
| Annual Interest rate | 27.50% |
| Processing Fee | 3% +GST |
Benefits that strengthen aspirations
Best-in-category interest rates
We offer affordable, fair and responsible rates, aligned with the interests of the borrower.
Flexible tenures for ease
Hassle-free and convenient loan repayment schedules lasting up to 10 years.
Nationwide geographical presence
Fully digital experience
With digital technology, we provide quick and easy loans even in the furthest corners of the country.
Fostering an
inclusive economy
We firmly believe everyone deserves an equal chance to pursue their goals, dreams and happiness without prejudice and discrimination. We aim to elevate lives through fair opportunities by serving the financial needs of low-income individuals, small and medium businesses and residents of semi-urban and rural areas.
