Objectives
- To carry on the business of marketing of all types of banking products and services of public and private sector banks, and other financial institutions.
- To act as business correspondent all over India for all types of banks and other financial institutions.
- To provide various management and development services to banks, financial institutions and act as intermediary between banks, financial institutions and their clients.
- To sell products of various insurance companies operating in India, especially products designed for rural and semi-urban areas.
- To support and provide services for implementing various government services such as national pension schemes or other social security schemes introduced by central or state governments from time to time.
- To form and nurture groups (SHG/JLG) of the poor, women, needy, oppressed and to attain improvement in their socio-economic condition by linking them with mainstream organizations for financial services.
- To give priority to disadvantaged women and to involve them directly in production activities so that the opportunities are created for additional income.
- To provide technical assistance so that the poor become self sufficient by accumulating and creating their own capital through savings from increased income.
- To provide financial services for economic empowerment & social security
Social Objectives
- To provide micro loans to those household which are identified as family Below Poverty Line.
- To cater microfinance service for special category of individual i.e. Ultra poor, Widow, transgender and person with Disability etc.
- To provide financial assistance to Schedule Castes, Schedule Tribes and to other minority class.
- To provide micro loan for solar energy, health & sanitation purpose for the betterment of their social life.