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PHONE: 9433356807
PHONE : 9433356807
PHONE : 9477039414

Swastik Micro Finance is a kolkata based multi-facet company operating in diversified field with its experience and expertise to maximize the growth in its business segments. The company was established in 1994 and has shown tremendous growth by ensuring maximum output for its investors and associates. swastik micro finance started its journey as an investment security company and through operational excellence it managed to emerge as an established organization with vast business network in a very short span of time. Today the company is having its presence in investment security, share trading, infrastructure development, export-import segment and oil & natural gas business operations. The company has invested crores of rupees in infrastructure development projects in Delhi-NCR and Uttar Pradesh including both residential and commercial projects.

Swastik Micro Finance Group has made remarkable venture in Oil & Gas distribution system by purchasing fuel from the Gulf countries. The company has also got license to import gold and silver from South Africa which will give pace to its import & export business operation.

Under Swastik Micro Finance umbrella there are five companies operating in different business segments, the Swastik Micro Finance Group includes:




FAX : 24578110
FAX : 21455444

MAIL US: daspulakesh13@gmail.com
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swastik micro LOAN

The microcredit loan cycles are usually shorter than traditional commercial loans with terms from typically six months to a year with payments plus interest, payed weekly. Shorter loan cycles and weekly payments help the borrowers stay current and not become surprised by large payments. Clearly the transaction-intense nature of weekly payment collections, often in rural areas, is more expensive than running a bank branch that provides large loans to economically secure borrowers in a metropolitan area. As a result, MFIs must charge interest rates that might sound high. In order to be able to lend out money, the microfinance institutions must in addition borrow from the traditional finance sector with commercial perspective. There´s always about 1-2% loss on loans due to people not paying back. To be able to expand business the MFIs must also make some profit, at least 1-2%. All in all it´s easier to understand why the MFIs charge their customer interest rates which in first sight might appear high. With a growing market, better economics of scale and increasing efficiency the cost will reduce and lower interest rates are able.