Seeking a loan can help us in various ways. If you want to build your own business, have higher studies, purchase property or more then you might be looking for a way to get a loan. Thus, in this article we will talk about the Satin LMS platform, which was created by its parent company Satin creditcare. Com, it is an excellent platform that provides a small business loan to its users. The platform is created with the aim of offering financial support and growing the rural areas. Thus, here you can get an insight into the details of this platform, so let’s begin reading the article.
Know about Satin LMS
Satin LMS is a portal launched by the satin credit care network ltd. It is a loan management portal, where you can manage your finances. Users can access this platform by logging themselves into it. Although, the login process of this platform is simple and straightforward that anyone can access easily. The platform serves several beneficial features to its users that attracts them towards its services.
Satin LMS Login Steps
Here are the following steps given below, that you can follow to login yourself into the Satin LMS portal:
- The first step to proceed towards login is to open your preferred browser on your device.
- After that, search for the official website of this portal and visit its login dashboard.
- In the login dashboard, you have to fill in your required details like username and password.
- Press on the login button and finish the process here to access the platform efficiently.
Process to Recover Satin LMS Login Password
If you have forgotten your Satin LMS login password, then you can follow the following steps to recover it back:
- Go on the login dashboard of this portal.
- Here you will find the forget password option, click on it.
- Now, enter your email Id and it will send you a password recovery link on it.
- Tap on the link and follow the instructions to reset your password.
History Of Satin Finserv Limited Loan Management System (LMS)
Here is a detailed history of Satin LMS:
- October 16, 1990, 1998 – Established:
Satin Finserv Limited was established on 16 October 1990, which was the beginning of its journey.
- 1996 – Strong performance in JLG business:
The Joint Liability Group (JLG) business demonstrated strong asset quality and considerable potential for expansion in 1996.
- May 2008 – JLG models introduced:
The company introduced the Joint Liability Group (JLG) model in May 2008, laying the foundation for its innovative approach to financial services.
- 2008 – IPO and listing on DSE, JSE and LSE:
Satin Finserv Limited went public with an initial public offering (IPO) in 2008, followed by listing on the Delhi Stock Exchange (DSE), Johannesburg Stock Exchange (JSE), and London Stock Exchange (LSE).
- 2009 – NBFC registration with RBI and first private equity investment:
- In 2009, the company achieved an important milestone by registering as a non-banking financial company (NBFC) with the Reserve Bank of India (RBI).
- Secured its first private equity investment by raising ₹48. ₹74 million from Lok Sabha Capital, with an additional investment of ₹10. 00 million by the promoter group.
- Raised ₹19. 42 million from Lok Capital.
- 2010 – later fundraising and investments:
- ₹25 were raised. 08 million from Lok Capital in November.
- Raised ₹218. 50 million from Shorecap II in December, with an additional ₹77. 50 million investment by the promoter group.
- 2011 – Fundraising from Danish Micro Finance Partners K/S (DMP):
Raised ₹180. 50 million from Danish Micro Finance Partners K/S (DMP) in February.
- 2013 – Major fundraising and changes:
Raised ₹300. 00 million from DMP, Shore Capital and Micro West Mauritius Limited.
Satin LMS Loan Details
They offer different types of loans broadly classified into two main groups:
Personal Loan:
- Micro Loans: Small loans ranging from Rs. 1,000 to Rs. Rs 15,000 is provided mainly to women entrepreneurs in rural and semi-urban areas for income-generating activities like agriculture, livestock rearing, small businesses etc.
- Business Loan: Loans ranging from Rs. 15,000 to Rs. ₹2 lakh for existing micro enterprises and micro, small and medium enterprises (MSMEs) for business expansion, working capital etc.
- Personal Loan: Small loans for personal needs like education, medical expenses, home improvements etc.
- Loan against Property (LAP): Loan against residential or commercial property for personal or business needs.
Group Loan:
- Joint Liability Group (JLG) Loans: Collateral-free loans are provided to groups of women through a peer-based repayment system, which promotes financial inclusion and risk mitigation.
- Solidarity Group Loan: Similar to JLG loan, but provided to Self Help Groups (SHGs) with wide membership including men and women.
- Loan amount and eligibility criteria vary depending on the specific loan type, borrower’s profile and local regulations. For example, JLG loans may have lower limits than individual microloans.
Disclaimer
We have only uploaded this content for informational usage so that our readers can have knowledge about such platforms. This information is extracted from multiple resources and compiled in our format. Hence, there might be slight changes or a few errors when comparing to the official portal. In such a case, you are free to share your views so that we can correct our information.
Conclusion
In this article we have talked about the Satin LMS login dashboard. It is a portal created by the satin creditcare network LTD company, the aim of the company is to help and support the rural areas to grow by helping them financially. The portal created by this platform is a loan management system that you can access by completing its login process through its dashboard. Although, the platform is an effective way to improve your financial status and build your dreams. Thus, we recommend you to go and check more about this platform through its official website.