Zero Charges on 28 Commonly Used Savings Account Services
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Government of India, on June 28, 2021, through the Ministry of Finance, Department of Financial Services has formulated the Credit Guarantee Scheme for MFIs to provide 75% guarantee on funding extended by Member Lending Institutions (MLIs) to NBFC-MFIs/ MFIs for further on-lending to eligible small borrowers in the context of COVID-19 pandemic. IDFC FIRST Bank is getting itself registered for the same.
To avail the above benefits, request to contact your respective Relationship Manager.
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