Performance report for the month of February 2019
|1||No. of States||2|
|2||No. of Region||2|
|3||No. of Branches||29|
|4||No. of Districts covered||14|
|5||No. of blocks covered||63|
|6||No. of Staff||132|
|7||No. of Field staff||58|
|9||No. of Groups formed||1986||25985||27971|
|10||No.of Groups A/c Closed||1825||14289||16114|
|11||No. of active groups||161||11696||11857|
|12||No. of loans disbursed||13764||129420||143184|
|13||No.of borrowers A/c Closed||12901||74367||87268|
|14||No. of Active loans||863||55053||55916|
|15||No. of loans disbursed during this month||1||2582||2583|
|16||No. of loans disbursed during the year||341||33524||33865|
|17||No. of Cumulative loans disbursed||13764||129420||143184|
|18||"Loan disbursement during this month in million"||0.05||87.45||87.50|
|19||Loan Disbursement during the Year in million||6.85||953.80||960.645|
|20||Cumulative loan disbursement in million||158.29||3110.74||3269.03|
|21||Loan outstanding in million||6.433||692.93||699.36|
|22||On Time Recovery||99.90||99.98||99.88%|
|23||Late Time Recovery||0.10%||0.02%||0.12%|
|24||Portfolio at Risk ( PAR ) Above 30 days||0.10%||0.02%||0.12%|
Loan Products guidelines
GMF is complying with all the guidelines as prescribed by RBI vide letter dated 3rd May 2011 (Based on Malegam Committee recommendations) pertaining bank loans to Micro-Finance Institutions.
- Loans are sanctioned for supporting and enabling the members for undertaking income generation activities.
- Loan processing fee is charged at the time of disbursement.
- Penalty is not charged in case of default.
- Prepayment allowed but without penalty.
- Admission fee will not be taken.
- Loan is without collateral.
- Security deposit is not taken at the time of disbursement.
- Loan is repayable by monthly instalments.