Performance report for the month of January 2018
|1||No. of States||1|
|2||No. of Division||1|
|3||No. of Region||1|
|4||No. of Branches||20|
|5||No. of Districts covered||9|
|6||No. of blocks covered||46|
|7||No. of Staff||87|
|8||No. of Field staff||63|
|9||No. of Groups formed||1893||18240||20133|
|10||No.of Groups A/c Closed||1582||10032||11614|
|11||No. of active groups||311||8208||8519|
|12||No. of loans disbursed||13298||89972||103270|
|13||No.of borrowers A/c Closed||11687||52278||63965|
|14||No. of Active loans||1611||37694||39305|
|15||No. of loans disbursed during this month||20||2357||2377|
|16||No. of loans disbursed during the year||525||19464||19989|
|17||No. of Cumulative loans disbursed||13298||89972||103270|
|18||"Loan disbursement during this month in million"||0.40||68.27||68.67|
|19||Loan Disbursement during the Year in million||10.86||537.97||548.82|
|20||Cumulative loan disbursement in million||148.94||1993.77||2142.71|
|21||Loan outstanding in million||13.747||610.6382||624.39|
|22||On Time Recovery||99.87%||99.71%||99.91%|
|23||Late Time Recovery||0.13||0.29||0.09%|
|24||Portfolio at Risk ( PAR ) Above 30 days||0||0.5||0.50|
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.