LBMIFL

Welcome To

Lord Buddha Mpfirda Investment & Finance Limited

सामाजिक आर्थिक क्रांति मिशन में आप सभी का स्वागत, अभिनंदन है

We will match you with a loan program that meet your financial need. In short term liquidity, by striving to make funds available to you.

Core Values

Commitment
We are committed to delivering value to all our stakeholders and hold ourselves accountable for our actions and those of our team and associates. This commitment is the thread that runs through our work across functional groups, hierarchies, and geographies and helps us leverage diverse competencies and perspectives.
Integrity
Integrity is at the core of our actions and decisions so that our leadership and management are known for being fair and honest. We uphold high standards of professionalism. Integrity for us means not only financial and intellectual integrity but also sincerity and other forms of integrity as are generally understood.
Social Responsibility
Social responsibility has been the keystone of our arching success as an organization. Our mandate is to help the poor rural and underprivileged, raise their standard of living by spotting their entrepreneurial spirit and organizing them into groups that ensure responsible borrowing and spending by their members. Empathy goes a long way in achieving this.
Transparency
Thinking and working together across functional groups, hierarchies, businesses, and geographies can succeed only with a high degree of transparency. No amount of leveraging diverse competencies to promote organizational unity and a vibrant culture can succeed unless our actions and finances are transparent.

Board of Directors

Investors

General Conditions

  • Should be citizen of India

  • Should be minimum 21 years of age

  • Should be able to read and write

  • Should not have been declared bankrupt

  • Should not be lunatic

Personal loan is meant to meet the necessities and personal requirements to improve quality of life. In addition to general conditions, personnel desirous to avail personal, should also fulfill following criteria -

 
  • Should satisfy the company for his repayment capacity, proportionate to the loan

  • Should not be a willful defaulter of any other bank, proof of the same to be attached

  • Should not have a criminal background at the time of application (self declaration)

  • Should have a valid reason to avail loan

Business loan is meant for-

  • To start a new business

  • To augment, expand or diversify the existing business

 

In addition to satisfying the general condition (as in ‘A’ above), personnel desirous of availing the business loan should also fulfill following criteria –

 
  • Should have a viable proposal for new/expansion of the proposed business

  • Should not have suffered losses in preceding three years in the existing business (proof to be attached, as applicable).

  • Should have compliance with the financial regulations of Government of India/State Government, as applicable

  • Business should not be immoral or unethical

  • Should not be a willful defaulter of any other bank, proof of the same to be attached

In addition to above conditions as in ‘A’, following conditions are also to be satisfied-

 
  • Quality certificate of the gold to be attached with the gold ornaments/articles

  • The person desirous of availing the loan should have clear ownership of the articles to be pawned

  • The gold articles to be pawned, should have been acquired through legal means

Same as in above ‘Business Loan’

  • Such group should be a recognized group either by Government agency or by a prominent recognized NGO

  • The group should be a functional and working group

  • The proposal should be a viable one

  • The project for which the loan is applied should be for general welfare of the society

  • The purpose for which loan is required should not be immoral or unethical

In addition to as in ‘General Query’ above the person/persons should also fulfill following criteria -

 
  • The person availing loan should have clear title of the mortgaged property, as sole owner or in a well defined partnership

  • The property proposed to be so mortgaged, should have been acquired through legal means

Company has full rights to revise the eligibility criterion, any time, following due procedure

All Loans Will be Provided after Licensing