MIDLAND MICROFIN LIMITED

ISIN: INE884Q07822

YTM Icon11.70%
Coupon rate
N/A
Min Investment
Monthly
Payout
₹ 1,00,000
Face Value
11.70%
Coupon
30 Jun 2027
Maturity Date

About The Issuer

Midland Microfin Limited (MML), established in 2011 and headquartered in Jalandhar, Punjab, is a pioneering microfinance institution in India. Registered as an 'NBFC-MFI' with the Reserve Bank of India, MML focuses on providing small business loans to low-income women, aiming to foster financial and social empowerment. By March 2024, the company had expanded its operations to 405 branches across 12 states and 2 Union Territories, serving over 200,000 borrowers. MML employs a technology-driven approach, incorporating centralized credit sanctioning and digital disbursement systems to enhance operational efficiency. The institution has been recognized as a "Great Place to Work" for four consecutive years, reflecting its commitment to employee satisfaction and organizational culture.

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