Axis Bank is actively involved in microfinance and extends financial assistance to Microfinance Institutions (MFIs). The Bank commenced lending to the microfinance sector in the year 2005. We extend credit facilities to MFIs working for economic empowerment of micro-entrepreneurs and low income earners by providing financial services in a sustainable, ethical and profitable manner. The Bank primarily extends term loans to established and well rated MFIs for further on-lending to their clients.
The Bank has microfinance partners in almost all the regions of the country with special focus on the underserved areas. The Bank plans to reach out and make a positive impact on the under-banked segments of the society by providing specially designed products and services through its partner MFIs in a commercially viable manner. This would lead to economic empowerment of the masses and bring them into the national mainstream.