Sahayog do not cross sell any of third party products
Our Group Companies
SAHAYOG MICROFINANCE LIMITED:- is a Non Banking Finance Company (NBFC), registered with the Reserve Bank of India under the provisions of section 45 (I) of the Reserve Bank of India Act and is accordingly governed by all the applicable provisions of NBFCs who are an MFI.
Sahayog began its micro finance operations in Nov 2009. The head office of Sahayog is located at Bhopal, Madhya Pradesh. To increase its outreach, Sahayog follows both the organic and inorganic growth model. Sahayog intends to provide financial resources to enable poor women of rural, semi urban and urban communities to come out of poverty and get connected with formal financial institutions.
SAHAYOG MICROFINANCE LIMITED (SML):- is an enterprise promoted for providing access to financial services to such people, especially women, who are underserved by the formal financial agencies. It is a Micro financing institution encompassing all the activities of micro financing spectrum.
Sahayog’s core activity is making small loans to target beneficiary for income generating purposes using the Joint Liability Group (JLG) methodology.
Sahayog has a tie up with insurance companies registered with IRDA for covering the risk of life of the client. Every loan beneficiary is covered by this insurance product on payment of premium as per applicable rate of the company. Coverage shall be done for client and spouse/nominee of loan. MFO’s are required to explain the insurance coverage in detail to all beneficiaries, and to assist them for smooth processing in case any claim is made.