Arohan Financial Services Limited announces a revised, lower lending rate of 20.10% for its flagship loan suite Saral, as well as, its product loan. The change is effective from January 1, 2021, and benefits over 2.3 million customers, over 98% of whom are women representing the bottom of the socio-economic pyramid. This comes as a welcome revision to help boost the livelihood activities of the underserved.

 The revised lending rate is one of the lowest among microfinance lending entities, including PSUs, and is in line with RBI guidelines in respect of Margin and Qualifying Assets Ratios. Arohan has a bank loan rating of A- (stable outlook), MFI grading of MF1 from CARE Ratings, a Social Performance grading of SP1 and is among the Top 100 Best Companies to Work for in India, certified by the Great Place to Work™ Institute, with a ranking among the Top 25 in the BFSI space and among the top-notch organizations in the Microfinance sector. The revised lending rate is made possible by the organisation borrowing at significantly lower costs and thus extending the rate benefits to its customers.