Microfinance Services
VFS Capital offers loans of Rs 20,000 to Rs 60,000 to women borrowers from impoverished and marginalized communities by organizing them into small groups. As at the end of 2019-20, the company operated in 13 states, working primarily in rural and peri-urban areas. VFS Capital offers competitive rates and continuously builds upon its goal to serve society by expanding economic access.

Loans for small and medium enterprises, and housing
In May 2018, VFS Capital launched loans of Rs 50,000 to Rs 2,00,000 for SMEs and housing in May 2018. It essentially rewards borrowers who have with the company for many years. By incentivizing this long-term relationship, VFS Capital hopes to encourage greater financial participation to empower poor women.



Workshops in collaboration with RBI: The Reserve Bank of India has noted that an appreciable amount of money remains unclaimed in bank accounts. The central bank attributes this to a variety of reasons, mainly a lack of financial awareness. The RBI uses this money to fund a Depositors’ Education and Awareness (DEA) programme to promote financial literacy. The RBI has given VFS Capital the task of implementing this programme in three West Bengal districts—Murshidabad, North Dinajpur and South Dinajpur. For each program, VFS Capital chooses a batch of 40 people from different economic strata. The participants do not have to be borrowers of VFS Capital.

Participants Learn:

  • The importance of opening a bank account and the documents required to do so.
  • The importance of budgeting, saving and responsible borrowing.
  • How to maintain a good credit score.
  • How to switch from demand drafts and cheques to electronic money transfers.
  • How to lodge complaints at a bank and the Banking Ombudsman.
  • Why they should avoid Ponzi Schemes.
  • How to use ATM services.
  • Why they should invest money only in registered entities.

Tree Plantation: As part of its commitment to protecting nature and combat global warming, VFS Capital distributes saplings to its borrowers.

Customer Awareness Training: These CAT sessions help in financial inclusion. VFS Capital gets feedback from its customers about financial and non-financial issues that they face in their daily lives. The front-line staff of VFS Capital suggests solutions to help the customers make informed decisions about the financial assistance that can enhance their lives and livelihoods. Some of the CAT sessions focus on a particular subject such as skill-building training or tackling environmental issues such as judicious use of water or the ban on single-use plastics.

Leadership Training: VFS Capital nurtures leadership qualities in its staff. It feels that better leadership can eliminate productivity drag and staff turnover and improve customer satisfaction. VFS Capital conducts these leadership workshops regularly. For borrowers, VFS Capital conducts such leadership sessions during CAT.