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Welcome to Repco Foundation

Repco Foundation for Micro credit (RFMC), an NGO promoted by Repco Bank was registered, under Companies Act 1956 (Section 25). It is a not for profit entity for extending supporting services to SHGs financed by the bank solely with a view to increase the income level and eventually to reduce poverty and for empowering poor women and men.

Group formation, Capacity building, Bank linkage, Follow up & monitoring, Marketing Support Committed to the development of SHG’s for providing banking facilities as a channel to extend micro credit to reduce the poverty and for empowering poor women and men.

About Promoter

Repco Bank promoted RFMC which was established on 19.11.1969 and registered under Multi State Co-operative Society Act 2002, which is coming under the administrative control of the Ministry of Home Affairs, Government of India.

Financial Statement

  • Financial Linkage – Rs.1500 crores
  • Recovery percentage maintained at 97.69%
  • No of Districts covered – 30
  • No of branches – 65
  • No of Training centres – 30
  • Serviced – 27,000 SHGs
  • Assisted – 3,00,000 beneficiaries
  • Various training provided to 3,25,740 SHG members
  • 5 branches have been awarded " Best Credit Linkage Branch " by Mahalir Thittam

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