Hotline
+91 70024-53375
Maa Laxmi Assam Finance is a Section 8 Microfinance Company registered under the Indian Companies Act, 2013. The organization functions as a government-registered and government-approved financial institution, operating in accordance with applicable guidelines, policies, and regulatory frameworks governing NBFC and Microfinance Institutions.
The Ministry of Corporate Affairs (MCA), Government of India, is the statutory authority responsible for regulating the company under the Companies Act, 2013. The company follows RBI-aligned guidelines applicable to microfinance operations and functions with discipline, liability, transparency, and social responsibility similar to NBFC-style institutions.
Maa Laxmi Assam Finance primarily provides unsecured micro-loan services to women borrowers through Joint Liability Group (JLG) and Self Help Group (SHG) models. The company focuses on financial inclusion, entrepreneurship development, and long-term financial stability of its members.
| Name of Organisation | Maa Laxmi Assam Finance |
| Legal Status | Section 8 Company (Companies Act, 2013) |
| Year of Establishment | 2026 |
| Nature of Activity | Microfinance & Social Welfare Services |
| Corporate Office | Guwahati, Assam |
| ha277550@gmail.com | |
| Contact | +91 70024-53375 |
The company provides microcredit facilities to economically vulnerable women in rural and urban areas. Loans are unsecured and offered mainly to women entrepreneurs to support small businesses, emergency needs, education, and income-generating activities.
Loans are provided to eligible women borrowers with annual household income up to ₹3,00,000, subject to eligibility criteria. Loan disbursement is carried out through Joint Liability Groups after proper group formation, center creation, and consent of all members.
Mandatory processes such as Compulsory Group Training (CGT), Group Identification Test (GIT), Loan Utilization Right Purpose Verification (LURPV), household verification, and income source assessment are completed before loan sanction. All loan terms are explained in the borrower’s mother tongue by trained staff.
Loan services are delivered at the customer’s doorstep through scheduled center meetings, ensuring ease of access, accountability, and borrower participation.
Each borrower receives a Loan Card containing complete details including loan amount, tenure, interest rate, processing fee, loan disbursement date, maturity date, repayment schedule, penalties (if applicable), and data privacy assurance.
The company follows responsible lending and ethical recovery practices aligned with RBI microfinance principles. Customer dignity, confidentiality, and fair treatment are strictly maintained.
Through financial inclusion, Maa Laxmi Assam Finance aims to uplift marginalized sections of society, promote self-reliance, and contribute to social welfare, education, and sustainable community development.