OUR APPROACH

OUR APPROACH

SHUBH LABH FINANCE PVT LTD has adopted an individual as well as a group lending approach and few other best practices with some minor adjustments to suit local conditions. SHUBH LABH FINANCE PVT LTD lends money to individuals, Businessmen’s, Shop keepers, Farmer’s, Self Employed men, women and Students  and designates them as the ultimate guarantor of each of its members. for DSA/SUB DSA/DMA/AGENTS or Freelancers If their one Client does not repay the loan or full fill the Companies Terms and Conditions, then no individual of their group is eligible to receive another loan.
The operating philosophy of SHUBH LABH FINANCE PVT LTD is to solely focus on providing Financial Services at 5% Per Annum.

 

Key Factors of Our Approach

  • Social Collateral:

    The poorest do not have physical assets that can be used as security or collateral. Instead, borrowers are organized into groups and take collective responsibility for the repayment of the loan of each member of the group.

     

  • Cash less Operation:

    SHUBH LABH FINANCE PVT LTD disburses the loans through bearer cheques, online transfer or Direct Cash Deposit into the Loanee Account and most of the collection is deposited in SHUBH LABH FINANCE PVT LTD’s bank accounts in the Commercial Banks or at the Branch offices of SHUBH LABH FINANCE PVT LTD. This reduces risk while very little cash is floating around.

     

  • Customized Products:

    SHUBH LABH FINANCE PVT LTD has designed loans with Lowest Emi 5% Per Annum and small repayments that correspond to wage structures, consumption and income generating activities to prevent emergency distress sales. The first loan granted is always relatively small and is used to inculcate credit discipline and collective responsibility.

     

  • Focus on Women:

    SHUBH LABH FINANCE PVT LTD works exclusively with women because they are the most marginalized among the poor and because they tend to invest the majority of their income into the household and for their children.


The vision of SHUBH LABH FINANCE PVT LTD is to help building a society that contains an opportunity to develop the minimal socio-economic conditions needed to live a life of dignity.

SHUBH LABH FINANCE PRIVATE LIMITED