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Belstar Investment and Finance Private Limited is a highly developmental and socially oriented NBFC-MFI working closely with Hand-in-Hand India (HiH) in achieving its vision of alleviating poverty through job creation and integrated community development. Belstar has integrated community development. Belstar Investment & Finance Private Limited has overall 94 branches in the state of Tamil Nadu , Karnataka, Madhya Pradesh, Maharashtra and in Union Territory of Puducherry . Our primary products are loans used for creating micro-enterprises. Currently we have 207963 active members. The delivery Channels are both through SHG and JLG
Belstar Investment is a Chennai based NBFC-MFI with gross loan portfolio of Rs. 124 crore as on 31st March 2014. It primarily offers loans in Tamil Nadu for creation of micro-enterprises.
Collateral-free loans for Self-help groups, Joint liability group. Loan products for - housing development, education, manufacturing, agriculture and other businesses. They provide loans targeted at rural households for social empowerment.
Company earns revenue by charging from (1% to 2%) of processing fee of total loan amount. The fees varied on the type of loans
Major clients are from the under-developed areas of Tamil Nadu
Madhya Pradesh and Union Territory of Puducherry.
They partner with multiple banks to provide financing services. Some of their bank partners are SBI
Andhra Bank,Canara Bank
Indian Overseas Bank
Reliance Capital Limited
South India Bank,SIDBI
Belstar Investment & Finance provide micro financing services for underprivileged people to facilitate new business opportunities.
SERIES A · $4.23 M · Dec 2013
SERIES B · $5.93 M · Jul 2016
SERIES C · $28 M · Sep 2018
OTHERS · $28 M · Sep 2018
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