Midland Microfin Ltd is an ‘NBFC-MFI’ registered with the Reserve Bank of India (RBI registration No. B-06.00458) having Head Office at Jalandhar, Punjab to deal in microfinance in India.
Net WorthThe present Authorized Share Capital of Midland Microfin Ltd is Rs 7500 lakhs.The Net Worth of the company as on date is Rs 18,119 Lakhs.
Total AssetsThe value of Total Assets of Midland Microfin Ltd as on Jun 30, 2021 is Rs 1,04,167 Lakhs.
Information TechnologyKeeping in line with its vision of being a technology savvy MFI, the company after studying different software in the industry,MML has tied up with ‘Jayam Solutions’ for a web based centralized software solution.Jayam Solutions is a leading Software Solutions and Service provider in the Global market providing Business solutions.It is one of the best softwares for MFIs which takes care of complete processes of the microfinance business.Efimo is the latest version from Jayam Solutions. It is designed to handle large volume of accounts and transactions. It is equipped with customizable modules, menu driven interface, rich parameters van run on any standard browser. Efimo is a scalable solution that allows the MFIs and Banks to continue to support their growing business requirements.
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