About Janchetna Micro Benefit Fedration
Janchetna Micro Benefit Fedration is started with a vision to provide microfinance services in underserved areas. It may seems surprising for many of us that on one hand Microfinance sector is discussing and debating the over indebtedness of microfinance clients and ways to get rid of it. However on the other hand many, including Agnay Finance, aspiring to serve un-served and under-served. But the fact is large number of population which could be potential customer for micro finance; do not have access of credit from formal financial institution.
Our Mission & Vision
Global banking has changed rapidly and Janchetna Micro Benefit Fedration has worked hard to adapt to these changes. The bank looks forward to the future with excitement and a commitment to bring greater benefits to our members.Manash India, with years of dedicated service to the Nation through active financial participation in all segments of the economy -Banking, Agriculture, Industry, Trade & Commerce, Service Sector, Infrastructure Sector etc., is keeping pace with the changing environment. Manash India has marched into the 21st Century matched with dynamism and growth!
Janchetna Micro Benefit Fedration has the rules and objectives of that are the same as a bank, but is only in effect to someone (a members group) who has agreed or joined this agreement, as a bank, but to do business for the Its Member only.So if the term is a quasi-bank, i think that the rules and objectives of that are the same like the commercial bank, but this thing are only in effect to someone (a members group) who has agree/join on this agreement. as if a bank, but not the one honored to do business for public.Performing through Banking system which comes under the Nidhi, DCA, NBFC and RBI,Janchetna Micro Benefit Fedration. is introducing a lot of innovative ideas day by day to make our nation financially strong and that is the reason we are one of the fastest growing NIDHI company cum Bank in the industry. The way we provide service to our members is far better than others and we are trying to make it much better as our aim is to provide extreme level service to people as well as to our nation. Providing a world class financial support,Janchetna Micro Benefit Fedration. is continuously securing the society, we live in; on the other side, creating all new service method spontaneously Janchetna Micro Benefit Fedration is presenting a pleasant way which will help human being to lead the life comfortably. In a word we can say that Janchetna Micro Benefit Fedration is the "New Way Of Your Savings".Janchetna Micro Benefit Fedration family.It may also be mentioned that Mortgage Guarantee Companies have been notified as Non-Banking Financial Companies under Section 45 I(f)(iii) of the RBI Act, 1934. Core Investment Companies with asset size of less than ₹ 100 crore, and those with asset size of ₹ 100 crore and above but not accessing public funds are exempted from registration with the RBI.